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Previous Intraday Trading Session: [ 2/28/2013 ]

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TIMEALERTS 
16:14TRADES --
Scalpers: -2.00, +2.00, -1.50, +2.00 = +0.50
Sluggers: -2.00, +3.50, -1.50, +6.00 = +6.00

Finally the Sluggers win a day.

 
16:06Current low 1509

 
16:01Sluggers out A 1515 [+6]

 
16:00BINGO! 1513 right at the Closing bell.

 
15:59Get out!

 
15:58STOP -- SLUGGERS LOWER STOP TO 1515

 
15:57STOP -- SLUGGERS LOWER STOP TO 1517

 
15:55STOP -- SLUGGERS LOWER STOP TO 1518

 
15:55Take 1515 if you can get it.

 
15:52Stop -- Sluggers lower Stop to 1519

 
15:45Will start lowering soon regardless of what the market is doing.

 
15:17Sluggers, lower Stop to 1521.
Playing with house money now.

 
15:17>> chart update

 
15:12Trade #2 test test test

 
15:12My eye-ball is still glued on 1513

 
15:10Sluggers, lower Stop to 1523.

 
15:08Scalpers out @ 1519 [+2]

 
14:58Spending a little too much time at 1521 level.

 
14:57Spending a little too much time at 1521 level.

 
14:46Sell 1521 -- Stop 1524

 
14:42The orginal stop was 1524. The market turned at 1524.50.
Sure, this is part of trading, but my ability to place a stop within 1 point of the turn has become something of a phenomena.
KEEP THAT IN MIND.

 
14:13Stopped out @ 1523.50 [-1.5]

 
13:58If current candle finishes down, then the drop should begin.

 
13:52If it goes higher, it should go a lot higher.
Grammar lesson for the day: a lot is two words not one.

 
13:51Candlestick bullish continuation pattern.
Lower stop to 1523.50

 
13:49>> see chart

 
13:38Now we have an even bigger megaphone.

 
13:36In @ 1522.75

 
13:35Sell 1522.50 -- Stop 1524 -- Limit 1513

 
13:28Breakout of the pennant should hit the 1523 - 1524 level. We are there. If it can't get higher in the next candle or two, the we sell.

 
13:22Itching to short at 1522.

 
13:21Lots of new highs for the day.

 
13:19A move up to the top line of the megaphone is still a possibility.

 
13:18Chances for a move up are getting smaller by the minute.

 
13:17VIX is due for a spike.

 
13:09Jack be nimble. Jack be quick. Jack is watching for a candlestick.

 
13:08This could go up or down due to the sideways movement.

 
13:02Waiting out the last 10 minutes.

 
12:56Level 3 reversal has shown up at 1:10.

 
12:53I think we will bounce around that top red resistance line for a few minutes.

 
12:52Breakout of the pennant.
Now do we get the reversal at 12:50?
Watching closely.
>> see chart.

 
12:20>> See chart

 
12:14Markets being squeezed in a sideways triangle.

 
12:04Dead in the water. Waiting for the wind to pick up.

 
11:06The Pope is leaving that Vatican now.

 
10:17If we hit the top red line of the megaphone pattern, I would think about shorting.

 
09:59Correction -- that is [+3.5]

 
09:55Stopped out @ 1518 -- Sluggers [+5.5]

 
09:54I think a reversal is about to happen. Notice the megaphone pattern. We just added 2 more points.
>> See chart.

 
09:52I think a reversal is about to happen. Notice the megaphone pattern. We just added 2 more points.

 
09:50Leaving Stop at 1518 until we see how the market handles that top red line.
>> See chart

 
09:49We broke above the red resistance line.
Sky could be the limit.

 
09:47STOP -- SLUGGERS RAISE STOP TO 1518

 
09:45Stop -- Sluggers raise Stop to 1516

 
09:44Out @ 1516.50 -- Scalpers [+2]

 
09:23In @ 1514.50

 
09:23See chart.

 
09:22I didn't think we would make it down to the bottom red line on Trade #1, but we did, and we got another long tail candlestick with the bottom red line providing support.

 
09:20Buy 1514.50 -- Stop 1513

 
09:06Stopped out @ 1515 [-2]
That was a surprise

 
08:45cAHET UPDATE.

 
08:41Buy 1517 -- Stop 1515

 
08:40May have to leave today. I am not feeling too well.

 
08:39Good morning!

 
 
 
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