08/12/2011 Intraday Watering

[soku]

How much is Ned Davis services?

wow, rich guy cobra is going to hammer it! just don't forget to share. i think i recognize this name. i may read one of his book b4. i will check it when i go back home.

covered my short at my target. i guess 1175-1180 area will be the range for rest of the day.

[rhight]

Many Thanks rhight for sharing this.

Does Ned Davis have any similar indicator for determining tops of this intermediate runs? Looks like you subscribing to Ned Davis newsletter or something? If so, can you please share the type of subscription to their research. On their website, i noticed there are bunch of them.

The Ned Davis data set is from 1966 to 2005, the chart is labeled "New Highs Minus New Lows / Issues Traded -- Five Day Smoothing" in which they label this zone "So Bad It's Good". The text reads, "It shows a particularly strong positive result when the ratio declines to below -13.8%. Otherwise, the results are mixed."

No, no, no. Ned Davis is way outside my pay grade. The info comes from the text book mentioned, one that I have read cover to cover and can recommend as well written. As far as tops and bottoms go, I like to say that bottoms don't last long, but tops drag on forever (relatively speaking).

How much is Ned Davis services?

If you have to ask, then it's too much. Their website is curiously lacking in cost info. But, here is a recent quote of interest, "In 42 "severe corrections," drops of 15% or more, the S&P 500 has morphed into a bear market 60% of the time, NDR data going back to 1928 show. And the average decline in those bear markets was almost 36%." from USA Today

[KENA]

Out of all longs today.I may short spy with protective call.Small position befor close.

[StrikePrice]

Did the Ascending Triangle turn into a Descending Triangle?

[AK84]

Cobra,

Are you beraish or bullish for monday ?

[StrikePrice]

Unless we breakdown from here, the weekly hammer candle and below BB looks Bullish to me.

[SigmaEcho]

Vix Looks like triangle to break out top. Downgrade france this weekend?

[Anaconda]

Evening star? Buy volume petering out?

[Cobra]

Cobra,

Are you beraish or bullish for monday ?

no idea yet. Monday is bearish mostly recently.

[Cobra]

Cobra,

Are you beraish or bullish for monday ?

no idea yet. Monday is bearish mostly recently if we forget about Stock Trader's Almanac.

[Al_Dente]

If you have to ask, then it's too much.


LOL rhight. Cobra is very rich (and handsome).

[newbie_77]

so for today's expiration we are going to get pinned around
118 looks like then we may start our ascent and/or descent on monday

[rhight]

Unless we breakdown from here, the weekly hammer candle and below BB looks Bullish to me.

Agreed, the shadow looks convincing. Although, I'm looking back at the weekly chart for early 2008, and am not sure that we will see a 1 week pop up, or a multi week trend.

[Cobra]

How much is Ned Davis services?

wow, rich guy cobra is going to hammer it! just don't forget to share. i think i recognize this name. i may read one of his book b4. i will check it when i go back home.

covered my short at my target. i guess 1175-1180 area will be the range for rest of the day.

No, I won't buy, just curious about the price. There's an indicator, I saw, cost around $3,000 a year. I think it's too much so I've been always wondering is any other services that more expensive than this? Even an intraday comment like we're having here, some are charging $99 a month. If buy/sell signals are given, then it'd be $200 a month without images like I post frequently, it's merely a talk. I don't mean I want to charge for this board as I've made very clear that this board will be free. But sometimes I cannot help thinking that's so unfair as some paid services directly use my chart without giving me credit.

[Cobra]

well, I just hope the green line below could hold. we should all remember if this is an important bottom, today should be up and up and up disregarding anything indicators or news. but the fact is, we are not.

[KENA]

Most of the major indexs that I follow are turning dn with some of them in the red..Not good.

[yellowreign]

How much is Ned Davis services?

wow, rich guy cobra is going to hammer it! just don't forget to share. i think i recognize this name. i may read one of his book b4. i will check it when i go back home.

covered my short at my target. i guess 1175-1180 area will be the range for rest of the day.

No, I won't buy, just curious about the price. There's an indicator, I saw, cost around $3,000 a year. I think it's too much so I've been always wondering is any other services that more expensive than this? Even an intraday comment like we're having here, some are charging $99 a month. If buy/sell signals are given, then it'd be $200 a month without images like I post frequently, it's merely a talk. I don't mean I want to charge for this board as I've made very clear that this board will be free. But sometimes I cannot help thinking that's so unfair as some paid services directly use my chart without giving me credit.

Cobra, I'd be willing to pay, if I could know fairly close to real-time the trades that you make in your Short Term Demo Account.

[ABCstock]

Hi, Cobra: Is there anyway to put a water mark on your charts? In that way, everyone who see the chart will know you.

[rhight]

But sometimes I cannot help thinking that's so unfair as some paid services directly use my chart without giving me credit.

Agreed, you should be paid if someone uses your research, and then charges others for it. That would get me steamed

[Petsamo]

Below is SPX 15 min chart, last few days. I don't see bearishness.