11/28/2011 Intraday Watering

[99er]

Updates

Copper http://99ercharts.blogspot.com/2011/11/copper_7406.html
Crude http://99ercharts.blogspot.com/2011/11/crude_28.html

[pady]

Lol..don't think people would like to hold BAC that long. Just ride it to 6.00-6.05 take the 10% baby and dip.

I did that. Happy to get 4% in a day. Not worth the risk with BAC. The chart is scary.

[99er]

Updates

Gold http://99ercharts.blogspot.com/2011/11/gold_28.html
Silver http://99ercharts.blogspot.com/2011/11/silver_28.html

[Me XMan]

When are you going skiing again?

Updates

Copper http://99ercharts.blogspot.com/2011/11/copper_7406.html
Crude http://99ercharts.blogspot.com/2011/11/crude_28.html

[Al_Dente]

NBG nat’l bank of greece is up +14% today folks, oy

[Dow Trader]

the magnet area in the Dow

[99er]

Updates

Dollar http://99ercharts.blogspot.com/2011/11/dollar_28.html
30-Year http://99ercharts.blogspot.com/2011/11/30y_28.html

[fehro]

pullback to 1180? invs H&S? target 1240? if the pattern forms...

[Dow Trader]

Very short term view in ES from another angle

[ccash04]

equities diverging from dollar and bonds, as dollar and bonds have been rising as well as equities, we'll see which one is right.

[jarbo456]

has anyone read Niederhoffer's (Victor) "Practical Speculation"? i'm about 75% through it, and wondering about other peoples' thoughts and reactions to it. he spends a good portion of the book debunking technical analysis.

jarbie: missed u terribly Friday, dollar got all wacky, u weren't here, oy
I read his "The Education of a Speculator" a while back, he’s a cocky busterd. Consider posting a “Cliff Notes” version for us all (only half joking)

hey Uncle Al,

i took most of last week off. this market is undeniably confusing to me, so have been back to the drawing board - and part of that is re-evaluating the tools with which i make decisions.

i did go long oil and long eur on wednesday before heading out of town.

i'll probably be posting much less, but will always be following. good to know what ya'll are up to...

[Al_Dente]

Intraday
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =247748592
Anyone watching crazy VIX please post

[Dow Trader]

Asking about the cloud situation ? this is the picture

[uempel]

has anyone read Niederhoffer's (Victor) "Practical Speculation"? i'm about 75% through it, and wondering about other peoples' thoughts and reactions to it. he spends a good portion of the book debunking technical analysis.

jarbie: missed u terribly Friday, dollar got all wacky, u weren't here, oy
I read his "The Education of a Speculator" a while back, he’s a cocky busterd. Consider posting a “Cliff Notes” version for us all (only half joking)

I liked Education of a Speculator. Don't take these guys word for word, Niederhoffer had techniques which might be more wacky than TA - e.g. music... E of a S is fun to read!

[99er]

Update

http://99ercharts.blogspot.com/2011/11/diner.html

Where's that cop?

[uempel]

Asking about the cloud situation ? this is the picture

So the cloud is tough resistance? And if price slices the cloud it's up, up and away?

[Petsamo]

So far, the banks are not looking good today. I'm hoping it'll bottom mid-day. Hope is in the strategy. I can't sell my JPM today.

[Cobra]

I'm not happy with the market actions so far, but I'll give it more time, yes, I'm a little bit impatient, simply consolidate here all day doesn't make a strong day, rather it's a distribution day.

[99er]

Me_XMan

Skiing is about to start around now.

SPX http://99ercharts.blogspot.com/2011/11/spx_5836.html

[Mr. BachNut]

Intraday
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =247748592
Anyone watching crazy VIX please post

I am watching Al. It creeps me out when it does something like this. I am not sure what is at work here but assume someone sizeable was stopped out and got skewered.