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Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 2:54 pm
by Cobra
BullBear52x wrote:Fifth trials.
so should not hold, bulls need a miracle here which they usually would get as some real big money always kicks in at critical time. let's see this time.
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 2:58 pm
by agnosia
ah i call bull crap. the bots are just making slight lower lows to trigger stops ... triangle is still in play.... we're headed back to the 1333 magnet.
i am done trading for the day. not gonna try to compete against the phd's that program these bots
made +10 for the day with half swing short still on...
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:00 pm
by Me XMan
If it fails...LOOK OUT BELOW!
BullBear52x wrote:Fifth trials.
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:02 pm
by BullBear52x
Bulls do have a divergence here this time be careful bears.
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:05 pm
by soku
yoku wrote:took half off the table. my vol study shows 1329.5 is 1 major support.
if u short, think of getout. i read a div. this time the 1335 line may not hold.
test chart again
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:08 pm
by Cobra
ok, indeed a miracle at critical time. I see a potential strong rebound here.
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:10 pm
by BullBear52x
The Pension news that 99er posted earlier said alot about our dying situation.
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:11 pm
by agnosia
Cobra wrote:ok, indeed a miracle at critical time. I see a potential strong rebound here.
don't fall for it
bots fade strength and buy weakness. do the opposite of what you think is gonna happen and you will trade well against them. lol.
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:14 pm
by BullBear52x
Old and tired Bulls can't even penetrate through intraday one minute 200ma. LOL
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:23 pm
by Me XMan
In a nutshell, here's the reality: the entire "prosperity" of the past decade was a false prosperity, constructed entirely of money borrowed by the private sector based on the rising value of McMansions and strip-malls that made no sense except as speculations based on the Federal Reserve's credit-bubble policies and Wall Street's systemic financialization of that debt based on fraud and misrepresentation of risk.
http://www.zerohedge.com/article/guest- ... -animation
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:24 pm
by Cobra
too bad, no miracle. another test on the support, may or may not see rebound but anyway chances are higher and higher now the support won't hold.
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:25 pm
by gabor
COBRA, what is your threshold when you push the sell button?
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:30 pm
by Cobra
gabor wrote:COBRA, what is your threshold when you push the sell button?
the question is too big. you mean sell my long? you go see my "trading signals", should be clear enough, short-term has no long but short already.
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:33 pm
by Cobra
ok, now i see a clear Descending Triangle, and since the support being test many times, so unless some miracles happen again, the breakout should be on the downside.
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:35 pm
by soku
wow apparently i read wrong. i announced a bounce too early. at this moment i don't know what to do, other than sitting aside and watching.
the fight is hot. if 1329.5 lost, there could be more machine sale. then i don't know where we will go. maybe 1300?
i need to take the rest the day off. cya tomorrow
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:36 pm
by gabor
Cobra wrote:gabor wrote:COBRA, what is your threshold when you push the sell button?
the question is too big. you mean sell my long? you go see my "trading signals", should be clear enough, short-term has no long but short already.
Are you going to hold short overnight?
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:39 pm
by Cobra
gabor wrote:Cobra wrote:gabor wrote:COBRA, what is your threshold when you push the sell button?
the question is too big. you mean sell my long? you go see my "trading signals", should be clear enough, short-term has no long but short already.
Are you going to hold short overnight?
most likely.
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:48 pm
by Cobra
another critical time, decisively breakdown would be very bad.
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:49 pm
by agnosia
covered the rest of my shorts right at 1325 and am now long...
Re: 05/16/2011 Intraday Watering
Posted: Mon May 16, 2011 3:49 pm
by Cobra
I see a channel here.