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08/18/2011 Intraday Watering

08/18/2011 Intraday Watering

Postby Cobra » Thu Aug 18, 2011 9:00 am

Big gap down below yesterday's range so chances are the gap won't be filled. The regular hour ES looks like a Double Top breakdown, targeting 1146 the max while the Global ES, it's rare such a pullback is only one legged so the very first rebound is sell, well, mostly.
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Re: 08/18/2011 Intraday Watering

Postby ympc » Thu Aug 18, 2011 9:06 am

good morning !
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Re: 08/18/2011 Intraday Watering

Postby Me XMan » Thu Aug 18, 2011 9:08 am

Back in fetus position again... :evil:
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Re: 08/18/2011 Intraday Watering

Postby alvian33 » Thu Aug 18, 2011 9:08 am

morning cobra, are you not bullish overall anymore? do you think we will rally a bit at the open? thanx
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Re: 08/18/2011 Intraday Watering

Postby lumeipro » Thu Aug 18, 2011 9:11 am

S&P is being investigated by FBI - wow. I thought such thing would only done by the Chinese government. I guess Obama is going to spank the naughty child. :)
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Re: 08/18/2011 Intraday Watering

Postby agnosia » Thu Aug 18, 2011 9:12 am

hey guys, still holding my /es shorts from yesterday near 1191... i like the 1146 weekly pivot to cover which is also cobra's double top target.
Last edited by agnosia on Thu Aug 18, 2011 9:18 am, edited 2 times in total.
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Re: 08/18/2011 Intraday Watering

Postby agnosia » Thu Aug 18, 2011 9:14 am

lumeipro wrote:S&P is being investigated by FBI - wow. I thought such thing would only done by the Chinese government. I guess Obama is going to spank the naughty child. :)


our govt and agencies are run by a bunch of children... so sad.
Last edited by agnosia on Thu Aug 18, 2011 9:16 am, edited 1 time in total.
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Re: 08/18/2011 Intraday Watering

Postby rola » Thu Aug 18, 2011 9:15 am

Cobra what about bullish OE week?
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Re: 08/18/2011 Intraday Watering

Postby 99er » Thu Aug 18, 2011 9:16 am

Good Morning.

Coffee honey?
ES http://99ercharts.blogspot.com/2011/08/es_18.html

Toast?
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Re: 08/18/2011 Intraday Watering

Postby silicon_beaver » Thu Aug 18, 2011 9:16 am

a bad OE Friday this time.
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Re: 08/18/2011 Intraday Watering

Postby 99er » Thu Aug 18, 2011 9:17 am

How about something German?
EURUSD http://99ercharts.blogspot.com/2011/08/eurusd_18.html

Croque Madame?
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Re: 08/18/2011 Intraday Watering

Postby George H » Thu Aug 18, 2011 9:17 am

Cobra wrote:Big gap down below yesterday's range so chances are the gap won't be filled. The regular hour ES looks like a Double Top breakdown, targeting 1146 the max while the Global ES, it's rare such a pullback is only one legged so the very first rebound is sell, well, mostly.

Got a target for the rebound off 1146?
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Re: 08/18/2011 Intraday Watering

Postby George H » Thu Aug 18, 2011 9:19 am

rola wrote:Cobra what about bullish OE week?

OE is out of the window in front of a steam roller.
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Re: 08/18/2011 Intraday Watering

Postby cougar » Thu Aug 18, 2011 9:20 am

SPX update: the opening GAP will take us under the “cluster of support”
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Re: 08/18/2011 Intraday Watering

Postby agnosia » Thu Aug 18, 2011 9:21 am

trendline support was broken at 1162... it runs from 1077 to 1103 to 1162. i imagine a retest of 1162 area to add more shorts.
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Re: 08/18/2011 Intraday Watering

Postby 99er » Thu Aug 18, 2011 9:24 am

Honey...how about skipping breakfast?
YM http://99ercharts.blogspot.com/2011/08/ym_18.html

Let's hit the beach.
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Re: 08/18/2011 Intraday Watering

Postby cougar » Thu Aug 18, 2011 9:24 am

SPY will open under the harmonic retracement support // syl

The W5 down has now officially started.
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Re: 08/18/2011 Intraday Watering

Postby v1stock.com » Thu Aug 18, 2011 9:25 am

Please remember that it is not, how much you make
that is important, but how much you KEEP.
Now is the time to PLAN your market exit
strategy for preserving your capital.

the gap may try to fill. watch 17m in as buy long - 22 32m sell
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Re: 08/18/2011 Intraday Watering

Postby Cobra » Thu Aug 18, 2011 9:29 am

alvian33 wrote:morning cobra, are you not bullish overall anymore? do you think we will rally a bit at the open? thanx


a little rebound at open maybe, then we'll have to see.

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Re: 08/18/2011 Intraday Watering

Postby Cobra » Thu Aug 18, 2011 9:30 am

George H wrote:
Cobra wrote:Big gap down below yesterday's range so chances are the gap won't be filled. The regular hour ES looks like a Double Top breakdown, targeting 1146 the max while the Global ES, it's rare such a pullback is only one legged so the very first rebound is sell, well, mostly.

Got a target for the rebound off 1146?


We'll talk about this after 1146 reached. :mrgreen:

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