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08/24/2011 Intraday Watering

08/24/2011 Intraday Watering

Postby Cobra » Wed Aug 24, 2011 9:01 am

Flat open, so any gap will be filled. The Global ES doesn't look bad, a breakout yesterday then pullback overnight to kiss the breakout point goodbye so may continue pushing up from here.
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Re: 08/24/2011 Intraday Watering

Postby trader0303 » Wed Aug 24, 2011 9:06 am

good morning!
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Re: 08/24/2011 Intraday Watering

Postby AK84 » Wed Aug 24, 2011 9:08 am

Morning Cobra!
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Re: 08/24/2011 Intraday Watering

Postby AK84 » Wed Aug 24, 2011 9:09 am

Cobra,

The futures were down about 10 points this morning but since recovered after durable goods order. My question for you is will CI buy the dip today and should we do the same? Or do you have a bad feeling about this long as you did a couple of days ago when CI got stopped out ?

Thanks so much!
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Re: 08/24/2011 Intraday Watering

Postby cougar » Wed Aug 24, 2011 9:21 am

GM Cobra...Yes...a tame opening!
QLD yesterday: nice 1...2...3...BUY!
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Re: 08/24/2011 Intraday Watering

Postby shumushu » Wed Aug 24, 2011 9:22 am

My target is at 1172 on the /es futures. If we tank like what cobra explained in his report last night before moving up, 1144.
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Re: 08/24/2011 Intraday Watering

Postby Cobra » Wed Aug 24, 2011 9:23 am

AK84 wrote:Cobra,

The futures were down about 10 points this morning but since recovered after durable goods order. My question for you is will CI buy the dip today and should we do the same? Or do you have a bad feeling about this long as you did a couple of days ago when CI got stopped out ?

Thanks so much!


This long will be OK.

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Re: 08/24/2011 Intraday Watering

Postby cougar » Wed Aug 24, 2011 9:23 am

QLD today: waiting for confirmation, to keep for a swing:
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Re: 08/24/2011 Intraday Watering

Postby alvian33 » Wed Aug 24, 2011 9:24 am

I thought you expected a small green if not red today, now you think longs are safe? thanx
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Re: 08/24/2011 Intraday Watering

Postby 99er » Wed Aug 24, 2011 9:29 am

Good Morning.

So honey...what about Italy?
EURUSD http://99ercharts.blogspot.com/2011/08/eurusd_24.html

What...so we can get 40% on a two-year bill?
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Re: 08/24/2011 Intraday Watering

Postby 99er » Wed Aug 24, 2011 9:30 am

So stay at home?
YM http://99ercharts.blogspot.com/2011/08/ym_24.html

And admire butterflies?
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Re: 08/24/2011 Intraday Watering

Postby Cobra » Wed Aug 24, 2011 9:30 am

the open.
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Re: 08/24/2011 Intraday Watering

Postby 99er » Wed Aug 24, 2011 9:31 am

And why not?
ES http://99ercharts.blogspot.com/2011/08/es_24.html

We can always go surfing.
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Re: 08/24/2011 Intraday Watering

Postby 99er » Wed Aug 24, 2011 9:36 am

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Re: 08/24/2011 Intraday Watering

Postby Cobra » Wed Aug 24, 2011 9:44 am

multiple resistances here.
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Re: 08/24/2011 Intraday Watering

Postby jarbo456 » Wed Aug 24, 2011 9:50 am

BAC led rally. can we really believe this?
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Re: 08/24/2011 Intraday Watering

Postby Cobra » Wed Aug 24, 2011 9:52 am

testing all those resistance. may or may not work. let's see.
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Re: 08/24/2011 Intraday Watering

Postby Cobra » Wed Aug 24, 2011 9:57 am

another resistance here, again may or may not work.
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Re: 08/24/2011 Intraday Watering

Postby 99er » Wed Aug 24, 2011 9:57 am

SPX
78.6% retracement.
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Re: 08/24/2011 Intraday Watering

Postby silverharp » Wed Aug 24, 2011 9:58 am

AUDJPY and Euro dont seem to be too excited about this move
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