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Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:34 pm
by agnosia
Cobra wrote:
yeah, that's the key of the 3 push down. it doesn't have to be 3 push, 4 or 5 or 10 are ok as long as there're clear trend of weaker and weaker.
gotcha. looks pretty clear now. man this selling is relentless.

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:35 pm
by silicon_beaver
Didn't play well. have to learn hard here.

Thanks Cobra. This forum, at least, helps me. what I learned here should let me play better in future (if I have :mrgreen: ).

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:35 pm
by Cobra
volume surge again plus overshot, the 3rd push down. hopefully this is it. may the force be with bulls! :evil:

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:38 pm
by Cobra
silicon_beaver wrote:Didn't play well. have to learn hard here.

Thanks Cobra. This forum, at least, helps me. what I learned here should let me play better in future (if I have :mrgreen: ).
I just looked at my crystal ball, it says 100% chances have a bright future you will! :idea:

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:39 pm
by seeyou
this reminds me of the 2000 tech top and collapse in March 2000

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:40 pm
by 99er
Gee.

SPX http://99ercharts.blogspot.com/2011/08/spx_7662.html

Just gotta love Wolfe Waves!

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:40 pm
by pidge66
Cobra wrote:volume surge again plus overshot, the 3rd push down. hopefully this is it. may the force be with bulls! :evil:
Even the bears would like to agree with you -- we would like to reload!

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:42 pm
by Michelle
Me XMan wrote:There's something really wrong that hasn't come out to the light yet.

I know.....what has really changed?
,

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:42 pm
by Cobra
hopefully that's it for today. :roll:

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:43 pm
by seeyou
vix is up 28 % today .. a market bottom soon

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:43 pm
by Cobra
pidge66 wrote:
Cobra wrote:volume surge again plus overshot, the 3rd push down. hopefully this is it. may the force be with bulls! :evil:
Even the bears would like to agree with you -- we would like to reload!
even bears are shocked, not only bulls. today. :lol:

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:44 pm
by STC
Cobra wrote:hopefully that's it for today. :roll:
Cobra, do you still think that we could reach a tradeable bottom today or soon?

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:44 pm
by agnosia
Cobra wrote:hopefully that's it for today. :roll:
doesn't look like it :( :( craziness.

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:44 pm
by Michelle
Cobra wrote:hopefully that's it for today. :roll:
Don't look.........

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:45 pm
by Cobra
oh, no, the 3rd push down is still strong, looks like we'll have the 4th push down. :o

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:45 pm
by agnosia
hey cougar lest see if your 1204.5 spx level holds..

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:46 pm
by Tabby
Wow, ERX dropped by 20%.

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:46 pm
by agnosia
new high on VIX

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:48 pm
by Mr. T
Someone arrest Cramer.

How many sheep did he lead to the slaughter today?

"I'll tell you when it's time to get out".

Really....... is that after the S&P is down 50%????

Re: 08/04/2011 Intraday Watering

Posted: Thu Aug 04, 2011 3:48 pm
by Cobra
STC wrote:
Cobra wrote:hopefully that's it for today. :roll:
Cobra, do you still think that we could reach a tradeable bottom today or soon?
last night's call was wrong, obviously. I have to do more research. the only clue I have is NYDNV : NYUPV >= 35, a tradable bottom is a few days away. check my public chart book, see chart 6.2.x something about Major distribution day then you'll know.