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by luckystar2006
Fri Jul 22, 2011 3:36 pm
Forum: Traders Lounge
Topic: 07/22/2011 Intraday Watering
Replies: 139
Views: 48063

Re: 07/22/2011 Intraday Watering

I strongly believe that market is still missing an up leg or an exhaustion rally before a big pulling back.
by luckystar2006
Fri Jul 22, 2011 10:23 am
Forum: Traders Lounge
Topic: 07/22/2011 Intraday Watering
Replies: 139
Views: 48063

Re: 07/22/2011 Intraday Watering

Don't underestimate Bears. Below story from today showing how resilence bear is. :lol:

http://www.thestar.com/news/world/artic ... scued?bn=1
by luckystar2006
Fri Jul 22, 2011 10:14 am
Forum: Traders Lounge
Topic: 07/22/2011 Intraday Watering
Replies: 139
Views: 48063

Re: 07/22/2011 Intraday Watering

I believe a short-term top is close, which I speculate a large pull-back starting from Tuesday or Wednesday next week.
by luckystar2006
Fri Jul 22, 2011 9:11 am
Forum: Traders Lounge
Topic: 07/22/2011 Intraday Watering
Replies: 139
Views: 48063

Re: 07/22/2011 Intraday Watering

Alpha_M wrote:Good Morning to everyone from Toronto, Canada!!!! The home of COBRA!!!! :) :)
Cobra does not live in Toronto. He lives somewhere up in Mars, remember? :mrgreen:
by luckystar2006
Thu Jul 21, 2011 3:59 pm
Forum: Traders Lounge
Topic: 07/21/2011 Intraday Watering
Replies: 178
Views: 76478

Re: 07/21/2011 Intraday Watering

Like bank strategists said, the close knows. If market is closing with a red bar on 60-min chart, we are likely to see pull-back tomorrow.
by luckystar2006
Thu Jul 21, 2011 11:25 am
Forum: Traders Lounge
Topic: 07/21/2011 Intraday Watering
Replies: 178
Views: 76478

Re: 07/21/2011 Intraday Watering

agnosia wrote:
Dow Trader wrote:Now showing the daily chart for the leader since Mar,09 low
not sure why it's up today , china PMI flashed contraction last night. /cl sold off into that news as well...
YANG (3x Bull China ETF) is lagging tremendously today with < 1% of gain comparing to others.
by luckystar2006
Thu Jul 21, 2011 11:06 am
Forum: Traders Lounge
Topic: 07/21/2011 Intraday Watering
Replies: 178
Views: 76478

Re: 07/21/2011 Intraday Watering

Still holding my short position painfully since beginning of July for short-term play. Below chart showing # of new highs aren't confirming with today rally.
by luckystar2006
Wed Jul 20, 2011 2:22 pm
Forum: Traders Lounge
Topic: 07/20/2011 Intraday Watering
Replies: 153
Views: 174897

Re: 07/20/2011 Intraday Watering

Short signals for swing trade are triggered. We are likely to see market pulling back tomorrow.
by luckystar2006
Tue Jul 19, 2011 2:41 pm
Forum: Traders Lounge
Topic: 07/19/2011 Intraday Watering
Replies: 171
Views: 57639

Re: 07/19/2011 Intraday Watering

Check out VIX. It suddenly spikes up big. Something is fishy here.
by luckystar2006
Fri Jul 15, 2011 10:52 am
Forum: Traders Lounge
Topic: 07/15/2011 Intraday Watering
Replies: 216
Views: 69228

Re: 07/15/2011 Intraday Watering

Money Inflow > Outflow over last few days. That might explain why Bears having a tough time to bring down the market so far.
by luckystar2006
Thu Jul 14, 2011 12:46 pm
Forum: Traders Lounge
Topic: 07/14/2011 Intraday Watering
Replies: 284
Views: 79954

Re: 07/14/2011 Intraday Watering

Vix at 20 level , soon we will have a direction or at least a sharp move 8-)[/quo Vix at 20 level , soon we will have a direction or at least a sharp move 8-) Intraday 60min VIX chart showing that squeezing BB already broke out on the upside. Somehow, my short-term signal does not show any sign of ...
by luckystar2006
Thu Jul 14, 2011 12:20 pm
Forum: Traders Lounge
Topic: 07/14/2011 Intraday Watering
Replies: 284
Views: 79954

Re: 07/14/2011 Intraday Watering

Missing Cheech today. The guy does have some TA expertise, but too bad that his arrogant attitude is...... I think he is here. He'll be speaking. I'm glad I wasn't totally wrong and he seems right too, anyway we're equal. I hope he doesn't mind as I'm OK with him. I'd love to have him showing his v...
by luckystar2006
Thu Jul 14, 2011 12:12 pm
Forum: Traders Lounge
Topic: 07/14/2011 Intraday Watering
Replies: 284
Views: 79954

Re: 07/14/2011 Intraday Watering

Missing Cheech today. The guy does have some TA expertise, but too bad that his arrogant attitude is......
by luckystar2006
Wed Jul 13, 2011 3:28 pm
Forum: Traders Lounge
Topic: 07/13/2011 Intraday Watering
Replies: 266
Views: 73871

Re: 07/13/2011 Intraday Watering

Squeezing BB on VIX is going to break soon. Which direction breaking out is beyond my speculation. My short-term signals still don't show any sign to short this market yet.
by luckystar2006
Wed Jul 13, 2011 3:08 pm
Forum: Traders Lounge
Topic: 07/13/2011 Intraday Watering
Replies: 266
Views: 73871

Re: 07/13/2011 Intraday Watering

Futures chart does not look good.
by luckystar2006
Wed Jul 13, 2011 2:53 pm
Forum: Traders Lounge
Topic: 07/13/2011 Intraday Watering
Replies: 266
Views: 73871

Re: 07/13/2011 Intraday Watering

Just let him to keep bluffing as much as he could. If his calls are good, then at least we have to work hard with our timing skills. If he is wrong, we will have a loser to laugh off.
by luckystar2006
Wed Jul 13, 2011 1:23 pm
Forum: Traders Lounge
Topic: 07/13/2011 Intraday Watering
Replies: 266
Views: 73871

Re: 07/13/2011 Intraday Watering

To begin with, today's rally does not have any support from elements in medium-term as well as short-term. Therefore, it might just be a short-lived one. However, at this moment of writing I don't see any signal to short this market yet (i.e. for short-term play).
by luckystar2006
Tue Jul 12, 2011 2:34 pm
Forum: Traders Lounge
Topic: 07/12/2011 Intraday Watering
Replies: 187
Views: 59969

Re: 07/12/2011 Intraday Watering

I believe that market needs to test its previous low or making lower low than yesterday's low before any meaningful rebound to happen.
by luckystar2006
Tue Jul 12, 2011 9:53 am
Forum: Traders Lounge
Topic: 07/12/2011 Intraday Watering
Replies: 187
Views: 59969

Re: 07/12/2011 Intraday Watering

Market is ready for a quick rebounce or in a trading range. I don't see much edge for market to drop much further at this moment.
by luckystar2006
Mon Jul 11, 2011 3:11 pm
Forum: Traders Lounge
Topic: 07/11/2011 Intraday Watering
Replies: 202
Views: 93659

Re: 07/11/2011 Intraday Watering

EWI is leading global market to sell-off. So far, it drops 6.39%