05/03/2011 Intraday Watering

BullBear52x · Post by **BullBear52x** » Tue May 03, 2011 1:42 pm

Phantom spike on IWM

BullBear52x · Post by **BullBear52x** » Tue May 03, 2011 1:44 pm

Tabby wrote:Bullbear52,
I think the news about Bin laden's death was announced on Sunday night, not because to boost the stock market. It was just because Hilter committed sucide on April 30, 1945 and it was confirmed on May 1. I think it was more symbolic, death both of them. It was nothing got to do with spiking the market. my 2 cents. Yhis stock market has its own mind. it is set 1550 by Spring 2012.

Or the May day rally? Thanks, tick is more important to me

Tabby · Post by **Tabby** » Tue May 03, 2011 1:48 pm

Cobra goes to lunch right in middle of all these excitement. Nothing tastes better than frogs now.

Me too, Bullbear. Just follow the trend, trend is your friend

. BTW, Did you see, TNA,TZA. AGQ,ZSL?

jamesmith · Post by **jamesmith** » Tue May 03, 2011 1:50 pm

BullBear52x · Post by **BullBear52x** » Tue May 03, 2011 1:50 pm

The wall of Resistance is only getting thincker now.

Me XMan · Post by **Me XMan** » Tue May 03, 2011 1:51 pm

is that good for bulls or bears?

BullBear52x wrote:The wall of Resistance is only getting thincker now.

Mr. BachNut · Post by **Mr. BachNut** » Tue May 03, 2011 1:51 pm

BullBear52x wrote:Phantom spike on IWM

Saw that. I now pay attention to those things. Sold TZA for profit on latest spike. May have left something on the table, but I don't want to get caught if the phantom strikes. Gap up tomorrow perhaps? Who knows.

Artyomzzz · Post by **Artyomzzz** » Tue May 03, 2011 1:55 pm

What's for lunch today Cobra? Still on frogs and flies?

BullBear52x · Post by **BullBear52x** » Tue May 03, 2011 1:58 pm

Me XMan wrote:is that good for bulls or bears?

BullBear52x wrote:The wall of Resistance is only getting thincker now.

Are you drinking again?

Tabby · Post by **Tabby** » Tue May 03, 2011 2:01 pm

I would love to buy 100 shares AGQ. It is still going down. I heard JPM shorting silver massively.Let's put correct word " murdering silver!!!!"

Thunder · Post by **Thunder** » Tue May 03, 2011 2:01 pm

Cobra i´m starting to think you r a psychic... !!!! lol

BullBear52x · Post by **BullBear52x** » Tue May 03, 2011 2:01 pm

Mr. BachNut wrote:
BullBear52x wrote:Phantom spike on IWM
Saw that. I now pay attention to those things. Sold TZA for profit on latest spike. May have left something on the table, but I don't want to get caught if the phantom strikes. Gap up tomorrow perhaps? Who knows.

My half lot unload target on TZA is when it trades under 200ma 1min. just follow my simple rules. so far it trades way up still.

agnosia · Post by **agnosia** » Tue May 03, 2011 2:02 pm

/es 1350 previous support , now resistance . bears seem pretty strong..

Post by **Cobra** » Tue May 03, 2011 2:08 pm

approaching support.

uempel · Post by **uempel** » Tue May 03, 2011 2:09 pm

I'm relying on this:

Post by **Cobra** » Tue May 03, 2011 2:16 pm

Measured move target.

Post by **Cobra** » Tue May 03, 2011 2:17 pm

on support now, but my guess is the very first rebound attempt would fail.

uempel · Post by **uempel** » Tue May 03, 2011 2:18 pm

I'm off for today - my last input ain't necessarily bearish, but it sure ain't very bullish:

BullBear52x · Post by **BullBear52x** » Tue May 03, 2011 2:18 pm

Failed RSI divergence for the second time today, not good, short term lower indicators are now somewhat imbedded now. Daily RSI,STO and MACD are all in same pace, pointing down.

Mr. BachNut · Post by **Mr. BachNut** » Tue May 03, 2011 2:18 pm

BullBear52x wrote:
Mr. BachNut wrote:
BullBear52x wrote:Phantom spike on IWM
Saw that. I now pay attention to those things. Sold TZA for profit on latest spike. May have left something on the table, but I don't want to get caught if the phantom strikes. Gap up tomorrow perhaps? Who knows.
My half lot unload target on TZA is when it trades under 200ma 1min. just follow my simple rules. so far it trades way up still.

Interesting. Do you use simple or exponential moving average?

I am generally too much of a frady cat to hold on to 3x etfs for long.

Cobra's Market View

Back to www.cobrasmarketview.com

05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering

Re: 05/03/2011 Intraday Watering