08/25/2011 Intraday Watering

Post by **Cobra** » Thu Aug 25, 2011 9:39 am

jarbo456 wrote:no test of the breakout because of the large gap up cobra?

statistically, 1%+ up gap, above last day's range, chances are the gap won't be filled and a trend day that day.

99er · Post by **99er** » Thu Aug 25, 2011 9:39 am

Good Morning.

Honey...coffee?
ES http://99ercharts.blogspot.com/2011/08/es_25.html

Yes, please. Spiked.

Post by **Cobra** » Thu Aug 25, 2011 9:40 am

JJS612 wrote:Cobra, could this give us an exhaustion gap for the end of wave c of 4 of Minor 1

I don't count wave, so don't know. I just know this is not a sustainable move.

Post by **Cobra** » Thu Aug 25, 2011 9:41 am

Europe is celebrating the deal too, oh, wait a minue, may be I should put the chart upside down?

shumushu · Post by **shumushu** » Thu Aug 25, 2011 9:42 am

Cobra wrote:Europe is celebrating the deal too, oh, wait a minue, may be I should put the chart upside down?

hahah, well said. What is interesting is that it is hard to believe market would even react this way to stupid news like 5Billion buffet etc..

jarbo456 · Post by **jarbo456** » Thu Aug 25, 2011 9:42 am

strong sell-off here. looks like we've broken down. you still feel there's continuation on the upside cobra?

seekingknowledge · Post by **seekingknowledge** » Thu Aug 25, 2011 9:43 am

Cobra wrote:
JJS612 wrote:Cobra, could this give us an exhaustion gap for the end of wave c of 4 of Minor 1
I don't count wave, so don't know. I just know this is not a sustainable move.

What should we look for, Cobra, as to when to buy?

cougar · Post by **cougar** » Thu Aug 25, 2011 9:44 am

Yes, Coibra! That might help the poor DAX!
LOL!

KENA · Post by **KENA** » Thu Aug 25, 2011 9:45 am

I keep waiting for you to run out of your 1 and 2 word comments.You just have to run out sometime but it is never ending.Keep it up I think it is great,helps make the day. Thanks

99er · Post by **99er** » Thu Aug 25, 2011 9:47 am

Honey...can we get a new coffee maker?
EURUSD http://99ercharts.blogspot.com/2011/08/eurusd_25.html

What...an expresso machine?

Like cougar's?

Yeah!

Post by **Cobra** » Thu Aug 25, 2011 9:48 am

seekingknowledge wrote:
Cobra wrote:
JJS612 wrote:Cobra, could this give us an exhaustion gap for the end of wave c of 4 of Minor 1
I don't count wave, so don't know. I just know this is not a sustainable move.
What should we look for, Cobra, as to when to buy?

tough question. I have too many things to watch, so difficult to answer this. Maybe this is my problem, no simple solution to trade.

jarbo456 · Post by **jarbo456** » Thu Aug 25, 2011 9:48 am

shumushu wrote:
Cobra wrote:Europe is celebrating the deal too, oh, wait a minue, may be I should put the chart upside down?
hahah, well said. What is interesting is that it is hard to believe market would even react this way to stupid news like 5Billion buffet etc..

i forget the exact numbers, but i do remember buffet bought $5BB in GS at the end of Sept. '08. if i remember, with his priced in discounts and warrants, his share price was around $115.

obviously, two months later, GS hit a low of $47.

i can't lie, i am getting short squeezed on BAC, so i'm biased, but i can only hope that Buffet is simply telling me the worst is ahead of us.

KENA · Post by **KENA** » Thu Aug 25, 2011 9:48 am

KENA wrote:I keep waiting for you to run out of your 1 and 2 word comments.You just have to run out sometime but it is never ending.Keep it up I think it is great,helps make the day. Thanks

This was to go to 99er.I got so excited I hit the wrong button.

Anaconda · Post by **Anaconda** » Thu Aug 25, 2011 9:49 am

I just shorted the most reliable signal I know. Can you recognize it?

99er · Post by **99er** » Thu Aug 25, 2011 9:51 am

Honey...
SPX http://99ercharts.blogspot.com/2011/08/spx_25.html

Let's go to the beach.

shumushu · Post by **shumushu** » Thu Aug 25, 2011 9:51 am

This feels like an exhaustion gap up just to crap later.

Post by **Cobra** » Thu Aug 25, 2011 9:52 am

shumushu wrote:
Cobra wrote:Europe is celebrating the deal too, oh, wait a minue, may be I should put the chart upside down?
hahah, well said. What is interesting is that it is hard to believe market would even react this way to stupid news like 5Billion buffet etc..

tell your farther, don't visit wenxuecity anymore, instead he can drop by my site at hutong9.net.

I checked the wenxuecity, some of them kept saying that I was wrong most of the time and my statistics are useless. All in all I'm the worst ever analyst. All my hard working analysis is no match with their single word shouted in every few days. I was very offended. And I'm very confident if my analysis is this bad, then how come I have a 40,000 unique IP visitors every month? Does that mean you guys are idiot (since I'm the worst ever)?

seekingknowledge · Post by **seekingknowledge** » Thu Aug 25, 2011 9:54 am

Anaconda wrote:I just shorted the most reliable signal I know. Can you recognize it?

Exhaustion gap?

Post by **Cobra** » Thu Aug 25, 2011 9:54 am

just as I said, this is not a sustainable move. Let's wait and see, I have no clue for the next call yet.

99er · Post by **99er** » Thu Aug 25, 2011 9:55 am

Hey honey...check out that surfer dude!

http://99ercharts.blogspot.com/2011/08/ben-surfing.html

Ben surfing!

Cobra's Market View

Back to www.cobrasmarketview.com

08/25/2011 Intraday Watering

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