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08/11/2011 Intraday Watering

Re: 08/11/2011 Intraday Watering

Postby Cobra » Thu Aug 11, 2011 3:29 pm

nasa1100 wrote:
Cobra wrote:rising wedge resistance.

hi, cobra:
another MAD after MDD, the rule still working?


what rule? small range day after MAD/MDD? that doesn't matter as long as other rules work, that's fine. Did all the other rules work? The answer is for sure. So?

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Re: 08/11/2011 Intraday Watering

Postby Dow Trader » Thu Aug 11, 2011 3:31 pm

8-)
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Re: 08/11/2011 Intraday Watering

Postby Dow Trader » Thu Aug 11, 2011 3:32 pm

8-)
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Re: 08/11/2011 Intraday Watering

Postby AK84 » Thu Aug 11, 2011 3:34 pm

KENA wrote:
Ninja Trader wrote:Out of SODA calls

sold at 2.60

purchase 1.85, that didn't take too long.... :lol:

long ATM Sept puts on CSCO


Good trading..Feels good to win.


Awesome!! 8-)
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Re: 08/11/2011 Intraday Watering

Postby pidge66 » Thu Aug 11, 2011 3:36 pm

Question: Regarding Al Brooks' L1/L2, does L2 have to be higher than L1 ?
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Re: 08/11/2011 Intraday Watering

Postby AK84 » Thu Aug 11, 2011 3:37 pm

if the market has bottomed in the short term. i dont think we'll see more than 1210. Thats the trendline resistance on daily!
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Re: 08/11/2011 Intraday Watering

Postby KENA » Thu Aug 11, 2011 3:39 pm

Looking at the Stoh's on some of the indexes they are getting overbought allready. Maybe they will stay overbought for a bit.
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Re: 08/11/2011 Intraday Watering

Postby AK84 » Thu Aug 11, 2011 3:40 pm

Hi Cobra,

Sorry to be persistent but just wondering if you had a chance to look at my questions about TLT and FXF? Do you think the first pullback is a buy considering big run up ? or they look good to short ?(TLT looks nice to short im not so sure about FXF....if anything i wanna get into it . )

Thank you .
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Re: 08/11/2011 Intraday Watering

Postby fuddleduddle » Thu Aug 11, 2011 3:42 pm

Dow Trader wrote:8-)


Can't stop but imagine that you're actually sitting in front of your computer and trading.. with cool sunglasses on. :D
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Re: 08/11/2011 Intraday Watering

Postby Cobra » Thu Aug 11, 2011 3:46 pm

testing MA200 now, nothing to say.
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Re: 08/11/2011 Intraday Watering

Postby dr659 » Thu Aug 11, 2011 3:46 pm

KENA wrote:Looking at the Stoh's on some of the indexes they are getting overbought allready. Maybe they will stay overbought for a bit.

I see that, I`m hoping they can stay overbought fow a few more
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Re: 08/11/2011 Intraday Watering

Postby StrikePrice » Thu Aug 11, 2011 3:47 pm

I believe R.N. Elliott calls this a Wave 3 lol.
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Re: 08/11/2011 Intraday Watering

Postby Mr. T » Thu Aug 11, 2011 3:47 pm

Um, can we expect follow thru tomorrow?

It'd suck to be down 600 tomorrow and wipe all this out.
-T

"Treat Your Mother Right!!!!"
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Re: 08/11/2011 Intraday Watering

Postby Dow Trader » Thu Aug 11, 2011 3:49 pm

I would not short here or today, If and If i want to start watching for shorts, I will wait for tommorow if it is an up day before the close if there is a potintial sell signal 8-)
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Re: 08/11/2011 Intraday Watering

Postby BullBear52x » Thu Aug 11, 2011 3:53 pm

Congratulations all bulls, now I see green shoot all over the places, another up day will confirmed buy that DIPS. tight stops it is....cheers, thank the master again, I know this market is not rigged :lol:
Trend following with me here http://bullbear52x.blogspot.com/
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Re: 08/11/2011 Intraday Watering

Postby KENA » Thu Aug 11, 2011 3:55 pm

Sold my Spy longs.Good profit.Dont' want to be greedy.Holding all others.
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Re: 08/11/2011 Intraday Watering

Postby Cobra » Thu Aug 11, 2011 3:56 pm

trend line and EMA20 support, still not much to say, the rebound is strong, may go on tomorrow, but still it's just a rebound.
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Re: 08/11/2011 Intraday Watering

Postby Dow Trader » Thu Aug 11, 2011 3:57 pm

For me, it is very risky to short Dow when it is above the cloud and the cloud is clearly trending 8-)
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Re: 08/11/2011 Intraday Watering

Postby Cobra » Thu Aug 11, 2011 3:57 pm

Guess that's it for today, thank you guys, I'll see you tomorrow.
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Re: 08/11/2011 Intraday Watering

Postby hiram » Thu Aug 11, 2011 3:58 pm

wow what just happend to faz???
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