06/01/2011 Intraday Watering

[Cobra]

watch, just watch, especially the volume...

[cougar]

Finally...QQQ dropped under support.

[Cobra]

info only, there's a chance for a rebound and if so I expect it's more than the highlighted area.

[cletus]

Just sold some SPY puts and USO puts for gains.

USO +17% in two sessions.

[BullBear52x]

this bar is critical, down with no volume, then a rebound will be in the card, down hard with even more volume then an exhaustion bar is in.

Cobra, I can feel how bearish you were yesterday, Thanks that's really help me on my track. and.... at the least technical is still kicking for us.

[Cobra]

another volume surge. still expect a rebound here and it shall be stronger than the highlighted area. the thing I'm not sure is whether this is the 3rd push down already or only the 2nd, so need see how rebound goes before making another call.

[debossman08]

I post these hugely profitable trades on here and it seems like some other people get a lot of thanks and credit for posting a chart and giving hardly any advice at all (not speaking about cobra). Strange world we live in.

Just look at oil. I said I was shorting USO off the open yesterday at 40.70 and a now it's under 40.

You're welcome.

First post. not sure if correct.
Thanks for all those that give tips on trades. I view and not log in because do not have anything valuable to add. I am very new and still trying to understand all that you guys are posting and what they mean.

thank you all for sharing your thoughts. I hope to pick it up fast.

[cletus]

I post these hugely profitable trades on here and it seems like some other people get a lot of thanks and credit for posting a chart and giving hardly any advice at all (not speaking about cobra). Strange world we live in.

Just look at oil. I said I was shorting USO off the open yesterday at 40.70 and a now it's under 40.

You're welcome.

First post. not sure if correct.
Thanks for all those that give tips on trades. I view and not log in because do not have anything valuable to add. I am very new and still trying to understand all that you guys are posting and what they mean.

thank you all for sharing your thoughts. I hope to pick it up fast.

I was recommending to buy silver down at 32 a few weeks ago and made 30% in 8 days in AGQ. I guess that's a weak trade by most people's standards since everyone posts trades that make 60,378,358,355% gains in 8 days.

[uempel]

Not sure if this is a bottom or if support has failed...

[Cobra]

this bar is critical, down with no volume, then a rebound will be in the card, down hard with even more volume then an exhaustion bar is in.

Cobra, I can feel how bearish you were yesterday, Thanks that's really help me on my track. and.... at the least technical is still kicking for us.

Just uses your comment to make a statement here:

All I give here are info only, that's not how I trade, although I can call most pivot correctly, but trading is totally different thing and I won't give intraday trading signals here as it's too much pressure for me.

[99er]

ES-ZB
Say Ben...call Ghostbusters?
http://99ercharts.blogspot.com/2011/06/es-zb.html

[cletus]

ZSL wedge update. No breakout yet but price targets are labeled. However, I'm not sure I can be this bearish since I'm not that bearish on the S&P right now. I think the S&P is in a bottoming process, but I'm not long anything either yet. Let's see how the next few days are playing out but I am long ZSL.

[shooker]

Cobra, is there still any chance to end this week with a close higher than monday's high?

[uempel]

Update:

[Cobra]

bulls need at least a H1 to confirm it's really a rebound in the card. This, by the way, it's info. Personally, I won't long here, as it obviously is against the intraday trend. so please make sure you understand the differences between info and trading signals.

[Cobra]

Cobra, is there still any chance to end this week with a close higher than monday's high?

no idea.

[Cobra]

ok, guys, I really need go to washroom, the longer time kind of going into washroom. so cannot comment for the next 10 min. I'll just assume there's a rebound of some kind here, although far from confirmed yet, but really cannot watch now.

[Mr. T]

Is Cramer still going to be smiling tonight?????

That sick creep - with his child molester grin last night = wanted to knock it right off his face.....

[99er]

RUT
Diamond Top.
http://99ercharts.blogspot.com/2011/06/rut.html

[pablorynx]

I know this is mostly an intraday thot chat. but, if we close below 1331.10 (which is 90% that we have a daily close somewhere below there in the future), then today would classify as a bearish engulfing candle. my guess is we probably shouldn't do that unless there is REAL downside to the mkt (read:1250). Also, someone mentioned today as a new moon, people around possible thinking it might affect fixed income/gold more than equities. Just throwing my two cents in.