06/03/2011 Intraday Watering

[gabor]

I am heading out, good luck all, but take a look at this chart, this got to be a joke.

Should it be a strong up day on Monday?? Who dares to sit in a long position during the weekend?

[Cobra]

Cobra: You made great calls!

thanks.

[cletus]

Remember the oil path. My bias is long, my confidence is pretty high and I'm actually long it via USO calls. However, be prepared for anything. I think plenty of buyers came in at 39 and I don't think it's going to bust much lower.

[alvian33]

btw cobra, those from breakpointtrades, looks like they are using pretty much similar sistem trade a bit modified, they copy you a lot man! (lots of graphs and idea I see that comes from you)

[99er]

RUT
Hey Boyz, let's break that neckline before we go out to the Hamptons, shall we?
http://99ercharts.blogspot.com/2011/06/rut_8991.html

[oldpigwang]

Do you think mkt should go up from here, I mean swing trend bottomed?

[Cobra]

rebound as I said. looks like no one wants to hold short over the weekend.

[jimmythegeek]

Still looking for the miracle run or short squeeze to 131.........

[ctu688]

I am officially bullish on oil. Targeting USO 43.50. Stops are at 37 or so.

Hi Cletus,

I am piggy back with you on USO to learn the path. Let me know when you are out of trade. Thanks

ctu

[cougar]

Yes, Cobra...very nice calls! Thank you!

[AK84]

Cobra man! wtffff!

U ARE SIKKKKKKKKKKKKKKKKKKKKKKKKKKKKK!!!!! R.E.S.P.E.C.T.!!!!!!!

[Cobra]

YEs, Cobra...very nice calls! Thank you!

be sure to come to see my report and intraday comment. free but doesn't mean they're bad.

[Cobra]

a little trend line here. I'll say bears are very cautious. any time back test the previous extremes, there's a chance for reversal, so I understood why bears are cautious here. me, the snake will of course watch the show.

[shumushu]

Bounce

[cougar]

YEs, Cobra...very nice calls! Thank you!

be sure to come to see my report and intraday comment. free but doesn't mean they're bad.

Yes, I definitely will!

[Cobra]

volume surge, better for good, bulls cannot lose this battle anymore!

[cletus]

I am officially bullish on oil. Targeting USO 43.50. Stops are at 37 or so.

Hi Cletus,

I am piggy back with you on USO to learn the path. Let me know when you are out of trade. Thanks

ctu

OK, but I hope you did your own research first. I will post my trades and exits but be sure to do your homework.

I don't always get it right.

[ctu688]

Cobra, you are really impressive. I need to do more reading to catch up and understand your thinking process. Currently I am reading from your site of Trading the 10 O’clock Bulls Winning Strategies for Active Traders by Geoff Bysshe and will finish this over the weekend. What would you suggest to read next? Thanks Cobra 老师。

[Cobra]

fighting here. very critical, if bulls cannot stand up then the close will be ugly. please...

[ctu688]

I am officially bullish on oil. Targeting USO 43.50. Stops are at 37 or so.

Hi Cletus,

I am piggy back with you on USO to learn the path. Let me know when you are out of trade. Thanks

ctu

OK, but I hope you did your own research first. I will post my trades and exits but be sure to do your homework.

I don't always get it right.

No problem. I always did it wrong. Only a small play for now. I thought I did the homework but ....