12/08/2011 Intraday Watering

[jarbo456]

EUR/USD - AUD/JPY - well below yesterday's lows
/DX above yesterday's highs.
VIX above yesterday's highs.
/ZB above yesterday's highs.
/CL well below yesterday's lows.
/ES FINALLY below yesterday's lows...
/YM AT yesterday's lows...

SPY?...50 cents from yesterday's lows.

[ccash04]

EUR/USD - AUD/JPY - well below yesterday's lows
/DX above yesterday's highs.
VIX above yesterday's highs.
/ZB above yesterday's highs.
/CL well below yesterday's lows.
/ES FINALLY below yesterday's lows...
/YM AT yesterday's lows...

SPY?...50 cents from yesterday's lows.

Throw in HYG and IG bonds and they are showing the same story, ES has been higher valued compared to credit and fx... must be robot logic.

[soku]

i got exit short signal.
here is something interesting.
http://online.wsj.com/article/SB1000142 ... TopStories

[stucap]

bounce or break?

BOING --- nothing but buy orders at 48. Comon bears.

[jarbo456]

i got exit short signal.
here is something interesting.
http://online.wsj.com/article/SB1000142 ... TopStories

is there a "printing press ETF"? go long printing presses and go long EUR. pretty good hedge.

[fehro]

maybe a little lower for a stronger bounce? or a stronger failure?

[soku]

incase you are interested in the euro crisis itself, reuter has a good interactive summary.

http://graphics.thomsonreuters.com/11/1 ... tings.html

[jarbo456]

aapl holding onto it's slight day gains like a rock.

meantime...i can't believe SPY can't make a new low...everyone else has. -_-

[heavenskrow]

short silver is paying off

[Al_Dente]

Boring?
Please check short metals

[Me XMan]

Still holding shorts...new target is $124.80 to cover

i got exit short signal.
here is something interesting.
http://online.wsj.com/article/SB1000142 ... TopStories

[jarbo456]

Still holding shorts...new target is $124.80 to cover

i got exit short signal.
here is something interesting.
http://online.wsj.com/article/SB1000142 ... TopStories

according to every other asset class...SPY should be at minimally at 124.

[Mongoose]

I like how you dont mince words Polar Bull

Unfortunately, the ECB has a very narrow interpretation of "price stability". And adding more debt to solve a debt problem doesnt solve anything and neither does shifting the risk of holding the debt to somebody else. If the EU is to survive, the EU needs to learn to be accountable to itself and grow up.
As I see it, the Euro Sovereign Debt Crisis is nothing more than "musical chairs" and there are simply not enough chairs to go around. The music is winding down and everyone is frantically running around.
The EU has to bring in more chairs, otherwise the whole thing is going to collapse -- adding more chairs is basically monetizing the debt.

I dont believe Geithner's comments from yesterday, either.

Good luck trading today.
"Watch your top knot."

[Al_Dente]

ZSL trying to hold breakout high vs 12/6/11

[quatzl]

For comic relief:

http://news.yahoo.com/corzine-dont-know ... 22350.html

Who me? I know nothing.

[michelangelo]

spx at 1248 and spy is at 125.35...i'm confused.

[StrikePrice]

Took off some of my short to try a long here at 125.25.

[stucap]

spx at 1248 and spy is at 125.35...i'm confused.

spy pays a dividend so it trades at a premium when it is near ex-day

[jarbo456]

hard to figure out what to do. SPY acting pretty strong, and negative d on /DX 5 minute...

yet VIX just regained 30 for a brief second.

[Al_Dente]

5 minute internals
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =249026794