03/15/2012 Intraday Watering

[stucap]

support. bulls are not strong today.

I think they are keeping a little bit more room for earning season II starting by April's fool day and Facebook IPO to get it to SPX 1800.Just kidding, I am not a bull nor a bear , just a Tabby.

They look weak -- but they won't crack. BTFD -- doesn't fail. Hug the support line to the moon.

[stucap]

Cobra or anyone...
Is this a shake in crude oil?? Or was this because it had been hitting a support level and just caved?

U.S., U.K. AGREE TO EMERGENCY OIL STOCKS RELEASE, REUTERS SAYS (oh, and BTFD)

[Tabby]

support. bulls are not strong today.

I think they are keeping a little bit more room for earning season II starting by April's fool day and Facebook IPO to get it to SPX 1800.Just kidding, I am not a bull nor a bear , just a Tabby.

They look weak -- but they won't crack. BTFD -- doesn't fail. Hug the support line to the moon.

15 mins Macd histogram of $RUT looks like a toddler with two teeth. It doesn't look like real MACD.

[f-stop]

Thnaks...Gee must be desperation near election time.. There is no oil shortage.
Won't help anything just release cheaper oil to refiners to convert into gas...to be exported from here.

[stucap]

Evil plan still intact or some sort of triangle (bias up) in the works?

[Denali92]

Everyone may think this is an odd comment, but the Bulls better hope we have a pullback first before taking out 1400 – Since 2007, when the market has made its extreme more than one day post FOMC (ie. 2 or 3 days later) without at least a 15 pt pullback, then history suggests the turn will be a MAJOR TURN – there have only been 6 times that the market has continued in the same direction since 2007 post the FOMC for more than a day without a pullback – there were 4 MAJOR turns and just 2 minor turns in those instances….

Two recent MAJOR Examples – Nov 2010 and April 2011.

The recent minor example – Jan 2011 when we corrected 28 pts – ALL in ONE DAY! (and futures were even uglier on Sunday / Monday)

All in all a re-trace to the 13 day MA or the 20 day MA (1368 to 1374) would set the market up for a minor FOMC top and then a continued rally – ideally the low would come on Monday, which would also make for a nice post opex bottom….

I realize we have rarely followed the historical precedents this year…. but a failure to pull back and new highs tomorrow, Monday or Tuesday would suggest the market is setting itself up for a Major TOP.

-D

[Al_Dente]

http://www.reuters.com/article/2012/03/ ... UM20120315

[Cobra]

this kind of consolidation looks strong, now the bias is up.

[jimme]

Cobra or anyone...
Is this a shake in crude oil?? Or was this because it had been hitting a support level and just caved?

US and UK releasing strategic reserves

When are they releasing the i-pads is what I want to know? GLTA jimme

[stucap]

Cobra or anyone...
Is this a shake in crude oil?? Or was this because it had been hitting a support level and just caved?

US and UK releasing strategic reserves

When are they releasing the i-pads is what I want to know? GLTA jimme

Tomorrow Jimme. Good luck getting in line......

[ricster3]

Cobra,

Can you give an opinion on $ANR please?

I'm holding April calls as I believe it is forming a bottoming pattern, but it still has the look of a bear flag and can't seem to hold on to it's gains. I'd like your expertise on this stock please. Thanks!

[stucap]

this kind of consolidation looks strong, now the bias is up.

1400 are we done yet?

[KeiZai]

http://www.reuters.com/article/2012/03/ ... UM20120315

Now it is denied...lol back up?

[Al_Dente]

http://www.reuters.com/article/2012/03/ ... UM20120315

Now it is denied...lol back up?

Oy
can u link me to denial?

[BullBear52x]

Intraday sell, let see this time how many pennies.

[Al_Dente]

sqeeze
banks
XIV
etc
etc

[KeiZai]

http://www.reuters.com/article/2012/03/ ... UM20120315

Now it is denied...lol back up?

Oy
can u link me to denial?

Bloomberg TV or http://www.zerohedge.com/news/obama-aid ... pr-release

[Cobra]

OK, too late for the target. Both targets have been met, should be more up legs ahead.

[chieftan]

I know a few of you are trying to understand CBOE SKEW data. Attached are some comments from McClellan regarding the spike in SKEW on Tuesday. I have not found a way to incorporate this SKEW data into my daily trading decisions, but it would seem that spikes of this nature have preceded significant tail events in subsequent weeks/months.

[Al_Dente]

nyadv 1600
nydec 1200
TRIN bull
color study: