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08/04/2011 Intraday Watering

hiram
Posts: 73
Joined: Fri Jun 24, 2011 9:31 am

Re: 08/04/2011 Intraday Watering

Post by hiram »

my aapl 375 puts are up 200% today lol. i bet most thought i was nuts. i am very close to becoming a bull now tested the waters with a tna call purchase at the bell.

hiram
Last edited by hiram on Thu Aug 04, 2011 4:30 pm, edited 1 time in total.
fuddleduddle
Posts: 99
Joined: Fri Jun 24, 2011 8:25 pm

Re: 08/04/2011 Intraday Watering

Post by fuddleduddle »

Even with an announcement of QE3 next tuesday. Retracements are likely a selling opportunity.. end of Aug, SPX ~ 1140, RUT ~ 680 anyone?
Tabby
Posts: 924
Joined: Tue Feb 15, 2011 5:09 pm

Re: 08/04/2011 Intraday Watering

Post by Tabby »

Hey Cobra and the Gang,
I am not religious, only spirtual. I want to say that lots of blessing to all of you with all the charts. Master loada,Cobra, you saved me from buying in dip. I was getting ready to buy bull etfs when you call the 4th leg is down and I cancelled my orders.
hiram
Posts: 73
Joined: Fri Jun 24, 2011 9:31 am

Re: 08/04/2011 Intraday Watering

Post by hiram »

fuddleduddle wrote:Even with an announcement of QE3 next tuesday. Retracements are likely a selling opportunity.. end of Aug, SPX ~ 1140, RUT ~ 680 anyone?
i say no way, bottom here now or vey close. this was the same type retoric i remember last year during push down to july lows. then the market exploded to the upside to end the year. death and destruction is more a 2012 event....lol

hiram
Last edited by hiram on Thu Aug 04, 2011 6:26 pm, edited 2 times in total.
blacklotus
Posts: 4
Joined: Wed Feb 16, 2011 8:56 pm

Re: 08/04/2011 Intraday Watering

Post by blacklotus »

Use punctuation. Depending on how your statement is read, it could come across as self-contradicting.
hiram
Posts: 73
Joined: Fri Jun 24, 2011 9:31 am

Re: 08/04/2011 Intraday Watering

Post by hiram »

ALL HAIL 99.......


hiram
henry51
Posts: 1
Joined: Mon Jul 11, 2011 2:31 pm

Re: 08/04/2011 Intraday Watering

Post by henry51 »

Hi y'all
Guess some trader deem this level as a steal. They'll regret it tomorrow when they see es @ 1177
GE and good trading
hiram
Posts: 73
Joined: Fri Jun 24, 2011 9:31 am

Re: 08/04/2011 Intraday Watering

Post by hiram »

henry51 wrote:Hi y'all
Guess some trader deem this level as a steal. They'll regret it tomorrow when they see es @ 1177
GE and good trading

i will go on record now and say this is the bottom (within 10 points of the low today) i was a bear at 1360 when no one else was and at that time predicted that when we got here "traders" would be bearish many bought up there and many will sell down here sometimes you need to see the forrest as well as the trees...as my witness look at cobra's link for money flow and pay close attention to the buying on weekness numbers....i havent see anything like that since march of 2009.


good luck all tomorrow is an up day! 1220 wont fall without at least a bounce...


thanks for your hard work cobra,...your the best!
grachu
Posts: 258
Joined: Wed Aug 03, 2011 11:55 am

Re: 08/04/2011 Intraday Watering

Post by grachu »

COBRA

I am here because ANDY Z , recommends you . I think you are the man. And I would really like to follow u. I am having a bit of difficult to understand your table . THE INTRADAY WATERING I get , but the table you have with the set ups Is a bit hard. Is anyone available that I can call that could walk me through it once ? I know that is all I need. I really would like to understand things once. I am not a beginner but I just need some clarifications. Can you help? I know you are too busy. But would need someone else possible?
cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 08/04/2011 Intraday Watering

Post by cougar »

I am disappointed. To confirm the UP move, UPRO should cross this Resistance Fan Line, but it looks like it has a hard time doing it.
Attachments
UPROgif.GIF
cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 08/04/2011 Intraday Watering

Post by cougar »

OK...finally up again, for one more leg up?
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