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04/25/2011 Intraday Watering

cletus
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Re: 04/25/2011 Intraday Watering

Post by cletus »

Kind of an ending looking pattern on IYR so most likely a pullback in it, but the latest wave has the earmarks of an impulsive wave 3 so more than likely there's at least one wave higher in this instrument, I would expect it to possibly hit 62.50 (resistance) eventually. But in the very long-term picture, things look very bearish for this instrument.
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BullBear52x
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Re: 04/25/2011 Intraday Watering

Post by BullBear52x »

Bull flag.
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Cobra
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Re: 04/25/2011 Intraday Watering

Post by Cobra »

Netrom wrote:Cobra, I see a possible head and shulder in spy, target around 132,3
well, that's possible.

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BullBear52x
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Re: 04/25/2011 Intraday Watering

Post by BullBear52x »

Bulls need to work that RSI
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Cobra
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Re: 04/25/2011 Intraday Watering

Post by Cobra »

well, could be another push up.
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MajorEasy
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Re: 04/25/2011 Intraday Watering

Post by MajorEasy »

short ES from 1330.75
the market's goal is to distribute the wealth of many to as few hands as possible
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99er
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Re: 04/25/2011 Intraday Watering

Post by 99er »

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BullBear52x
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Re: 04/25/2011 Intraday Watering

Post by BullBear52x »

If bears can not tackle today, forget it. I am very disappoint in the bulls......... what? slow kill? get it over with already.

and now we got spam geez
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Cobra
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Re: 04/25/2011 Intraday Watering

Post by Cobra »

BullBear52x wrote:If bears can not tackle today, forget it. I am very disappoint in the bulls......... what? slow kill? get it over with already.

and now we got spam geez
I get spam everyday. if the board is growing, eventually, I need better board software. phpBB is just way too simple.

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cletus
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Re: 04/25/2011 Intraday Watering

Post by cletus »

Trading action should pick up tomorrow. People still on long vacations or taking "sick days" to extend their vacation one day. :)
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jamesmith
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Re: 04/25/2011 Intraday Watering

Post by jamesmith »

cletus wrote:Trading action should pick up tomorrow. People still on long vacations or taking "sick days" to extend their vacation one day. :)
i see, no wonder it's so slow today :|
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Mr. T
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Re: 04/25/2011 Intraday Watering

Post by Mr. T »

Bigger question is what does Ben say on Wed.

Slow till then?
-T

"Treat Your Mother Right!!!!"
Dow Trader
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Re: 04/25/2011 Intraday Watering

Post by Dow Trader »

Covered Dow (+20 Pts.) and still hold shorts in EUR
this stock market is waste of time when vix below 18 .. I will stay trade OIL and EUR until Dow wakes up from it's sleeping mood
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BullBear52x
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Re: 04/25/2011 Intraday Watering

Post by BullBear52x »

price resistance.
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Cobra
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Re: 04/25/2011 Intraday Watering

Post by Cobra »

ok, breakout as I said. here's 100% measured move target.
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cletus
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Re: 04/25/2011 Intraday Watering

Post by cletus »

The failure of VIX to hold at new lows is a warning at least. It looks like a failed breakdown (fakeout) which means VIX could surge very soon.
maldini
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Re: 04/25/2011 Intraday Watering

Post by maldini »

Cobra wrote:ok, breakout as I said. here's 100% measured move target.
the market is moving slow...
WesMantooth
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Re: 04/25/2011 Intraday Watering

Post by WesMantooth »

Cobra wrote:ok, breakout as I said. here's 100% measured move target.
I've only been watching you for a few weeks, but from what I've seen, you are absolutely ridiculous at analyzing the market. Do you put any weight to what the VWAP is doing?

Nice call yet again!
MajorEasy
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Re: 04/25/2011 Intraday Watering

Post by MajorEasy »

stopped out.... selling short was the the wrong way shoulda followed Cobra's long call
these light volume days are hard to short....
the market's goal is to distribute the wealth of many to as few hands as possible
jde77tex
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Re: 04/25/2011 Intraday Watering

Post by jde77tex »

Cobra... can you comment on what your thoughts are currently on VXX? The VIX is up 7% and yet the VXX is down 1.7%??
Thanks for any input.
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