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08/25/2011 Intraday Watering

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Cobra
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Re: 08/25/2011 Intraday Watering

Post by Cobra »

tinted area as text book target, i believe the red line will be challenged. Still find hard to believe the intraday weakness being bought again. :shock:
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AK84
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Re: 08/25/2011 Intraday Watering

Post by AK84 »

bsw wrote:
AK84 wrote:
Petsamo wrote:
AK84 wrote:Cobra,

Looks like you were WRONG AGAINNNNN about second leg downn!!!

IDIOTS!!!


:lol: :lol: :lol: :lol: :lol: :lol:
OK bad ass, post your trades in real time. Let's see if you have any ball$! Image
Wow....what is wrong with you people :o :o . IT WAS A JOKEEEEEEEEEEEEEEE in reference to the fact that someone on another site said that Cobra was incorrect about calling a second leg down ....

Jeezzzz.....
Also , I do post my trades from time to time here.....if u were frequent here u would know. anyways....now that we have that sorted. Good luck!

My apology to you if you were indeed joking. But, judging by how people did not get your sense of humor, maybe the tone and words you used were a little bit too strong.
Yes I was indeed joking....basically mocking the people on the other sites that said Cobra was wrong about calling second leg down ...so when it came today i was just being sarcastic :) maybe I should have been more clear...so my apologies as well !


Everyone knows I love cobra and everyone else here!

Peace!
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Cobra
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Re: 08/25/2011 Intraday Watering

Post by Cobra »

failed breakout? let's wait. either some other chart pattern I'm not aware yet or the market will try the other direction, let's wait.
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Petsamo
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Re: 08/25/2011 Intraday Watering

Post by Petsamo »

AK84 wrote:
bsw wrote:
AK84 wrote:
Petsamo wrote:
AK84 wrote:Cobra,

Looks like you were WRONG AGAINNNNN about second leg downn!!!

IDIOTS!!!


:lol: :lol: :lol: :lol: :lol: :lol:
OK bad ass, post your trades in real time. Let's see if you have any ball$! Image
Wow....what is wrong with you people :o :o . IT WAS A JOKEEEEEEEEEEEEEEE in reference to the fact that someone on another site said that Cobra was incorrect about calling a second leg down ....

Jeezzzz.....
Also , I do post my trades from time to time here.....if u were frequent here u would know. anyways....now that we have that sorted. Good luck!

My apology to you if you were indeed joking. But, judging by how people did not get your sense of humor, maybe the tone and words you used were a little bit too strong.
Yes I was indeed joking....basically mocking the people on the other sites that said Cobra was wrong about calling second leg down ...so when it came today i was just being sarcastic :) maybe I should have been more clear...so my apologies as well !


Everyone knows I love cobra and everyone else here!

Peace!
Well, if you were joking, I was joking too! Image
Twitter @jackwag0n
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Cobra
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Re: 08/25/2011 Intraday Watering

Post by Cobra »

AK84 wrote: Everyone knows I love cobra and everyone else here!

Peace!
I like peace and beautiful women of course. :mrgreen:

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lilitulip
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Re: 08/25/2011 Intraday Watering

Post by lilitulip »

Hi Cobra, do you think SPY broke out the downtrend line from 7/27- 8/17 and backtest now?i saw it on 60 mins chart. thanks
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Cobra
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Re: 08/25/2011 Intraday Watering

Post by Cobra »

by the way, as long as bulls cannot close high of the day, I consider it's bear's victory. the route will be at least as illustrated by the blue dashed line.
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Cobra
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Re: 08/25/2011 Intraday Watering

Post by Cobra »

lilitulip wrote:Hi Cobra, do you think SPY broke out the downtrend line from 7/27- 8/17 and backtest now?i saw it on 60 mins chart. thanks
possibly, that should explain why rebound here. thanks for reminding me.
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soku
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Re: 08/25/2011 Intraday Watering

Post by soku »

es was rejected at 1165.5 and found support at 1157-58 area. noted the high is inch lower than before.
this support is important. if lost, tone of market will change. i am still expecting moderate bouncing until volatility comes in 10:00 tomorrow.
The goal is not uniformity. It is understanding and idea exchange.
uempel
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Re: 08/25/2011 Intraday Watering

Post by uempel »

Bullbear, here some more Andrews Forks which intrigue me...
SPX12.png
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Cobra
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Re: 08/25/2011 Intraday Watering

Post by Cobra »

good, still is triangle breakout, but the target is no match with yesterday's Measured Move, so bulls are definitely weakening.
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Cobra
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Re: 08/25/2011 Intraday Watering

Post by Cobra »

my wild-est-est-est guess.
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Cobra
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Re: 08/25/2011 Intraday Watering

Post by Cobra »

for BAC, my usual setup: assume we close here, doesn't matter anyway, breakdown below today's low is short, 80% chances it'd be a winning trade.
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BullBear52x
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Re: 08/25/2011 Intraday Watering

Post by BullBear52x »

selling pressure is high right now, but intraday buy is still on. very close to a sell again. tick tock tick tock........
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 08/25/2011 Intraday Watering

Post by BullBear52x »

yeapy bears attack again.
My comments are for entertainment/educational purpose only. NOT a trade advice.
varaamo
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Re: 08/25/2011 Intraday Watering

Post by varaamo »

cobra,

when you say breakdown below today's low, do you mean today's close < today's low. If so the 80% probability is only after that happens?

Thanks,
Cobra wrote:for BAC, my usual setup: assume we close here, doesn't matter anyway, breakdown below today's low is short, 80% chances it'd be a winning trade.
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BullBear52x
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Re: 08/25/2011 Intraday Watering

Post by BullBear52x »

my magic market tells me "Sell first ask question later" if not done so. :mrgreen:
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cougar
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Re: 08/25/2011 Intraday Watering

Post by cougar »

Cobra wrote:good, still is triangle breakout, but the target is no match with yesterday's Measured Move, so bulls are definitely weakening.
Yes!
NDX bulls also have some "internal" problems:
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StrikePrice
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Re: 08/25/2011 Intraday Watering

Post by StrikePrice »

Cobra wrote:my wild-est-est-est guess.
I saw that wedge too and got out of my long in time for a $10 profit (boohoo).

Anyway. Cobra was right again, 2nd leg down, and I know the other post was a joke...

Well...I guess the Bulls could save it here. I mean don't you want to buy ahead of GDP?
janez
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Re: 08/25/2011 Intraday Watering

Post by janez »

very disappointing day. some SDS to tomorrow?
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