Back to www.cobrasmarketview.com

   

08/25/2011 Intraday Watering

Re: 08/25/2011 Intraday Watering

Postby bsw » Thu Aug 25, 2011 3:58 pm

Cobra wrote:
jarbo456 wrote:
Cobra wrote:well, the 3rd touch, I don't think the line will hold this time and I see H&S top here.


what is the lookout for tomorrow's open if we close today at the LOD cobra? any ideas?


LOD close, tomorrow most likely will be green.



Forces loyal to Kadafi were still fighting hard along the outskirts of Tripoli. But the rebels would sooner or letter advance into the city and take Kadafi's military compound in the city. Tomorrow? Next week? Next moth? May victory be with the Bear force!!
bsw
 
Posts: 10
Joined: Wed Jul 27, 2011 3:30 pm

Re: 08/25/2011 Intraday Watering

Postby Cobra » Thu Aug 25, 2011 3:58 pm

well, guess that's it for today. Bears don't want to see a low of day close because that would be a Bearish Engulfing on the SPY daily chart which actually is bullish, very very, so a little rebound until close it's good. Thank you guys, I'll see you tomorrow. We had a great day, by the way, because we have 18 pages today, the most posted day ever. :lol:
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 46703
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/25/2011 Intraday Watering

Postby cougar » Thu Aug 25, 2011 3:59 pm

KENA wrote:GMCR is doing great.Made 2 + already.Keep moving.

Good Job KENA! Congrats!
cougar
 
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 08/25/2011 Intraday Watering

Postby StrikePrice » Thu Aug 25, 2011 3:59 pm

Cobra wrote:well, guess that's it for today. Bears don't want to see a low of day close because that would be a Bearish Engulfing on the SPY daily chart which actually is bullish, very very, so a little rebound until close it's good. Thank you guys, I'll see you tomorrow. We had a great day, by the way, because we have 18 pages today, the most posted days ever. :lol:


Cobra,

Do you consider tomorrow a Fed day or at least do you think Fed day stats may apply?
StrikePrice
 
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 08/25/2011 Intraday Watering

Postby trader0303 » Thu Aug 25, 2011 4:00 pm

faked out all day. Worst day for me in a long time.... :(
User avatar
trader0303
 
Posts: 54
Joined: Mon Aug 15, 2011 12:35 pm

Re: 08/25/2011 Intraday Watering

Postby jarbo456 » Thu Aug 25, 2011 4:00 pm

Cobra wrote:well, guess that's it for today. Bears don't want to see a low of day close because that would be a Bearish Engulfing on the SPY daily chart which actually is bullish, very very, so a little rebound until close it's good. Thank you guys, I'll see you tomorrow. We had a great day, by the way, because we have 18 pages today, the most posted day ever. :lol:


good job. like this little rebound.

holding shorts into tomorrow...as i have been holding for the past few painful days. lol

see you all tomorrow!
User avatar
jarbo456
 
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 08/25/2011 Intraday Watering

Postby SigmaEcho » Thu Aug 25, 2011 4:01 pm

Cobra wrote:well, guess that's it for today. Bears don't want to see a low of day close because that would be a Bearish Engulfing on the SPY daily chart which actually is bullish, very very, so a little rebound until close it's good. Thank you guys, I'll see you tomorrow. We had a great day, by the way, because we have 18 pages today, the most posted day ever. :lol:



Thanks Cobra!

"18 pages today, the most posted day ever" = bearish or bullish?
SigmaEcho
 
Posts: 286
Joined: Fri Apr 08, 2011 12:09 pm

Re: 08/25/2011 Intraday Watering

Postby Cobra » Thu Aug 25, 2011 4:02 pm

SigmaEcho wrote:
Cobra wrote:well, guess that's it for today. Bears don't want to see a low of day close because that would be a Bearish Engulfing on the SPY daily chart which actually is bullish, very very, so a little rebound until close it's good. Thank you guys, I'll see you tomorrow. We had a great day, by the way, because we have 18 pages today, the most posted day ever. :lol:



Thanks Cobra!

"18 pages today, the most posted day ever" = bearish or bullish?


pivot day. you guess the rest.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 46703
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/25/2011 Intraday Watering

Postby AK84 » Thu Aug 25, 2011 4:02 pm

Cobra wrote:well, guess that's it for today. Bears don't want to see a low of day close because that would be a Bearish Engulfing on the SPY daily chart which actually is bullish, very very, so a little rebound until close it's good. Thank you guys, I'll see you tomorrow. We had a great day, by the way, because we have 18 pages today, the most posted day ever. :lol:



I think 3 of those pages were me trying ti explain that i was joking earlier about a comment I made. :lol:
AK84
 
Posts: 572
Joined: Tue Feb 15, 2011 5:09 am

Re: 08/25/2011 Intraday Watering

Postby Cobra » Thu Aug 25, 2011 4:03 pm

StrikePrice wrote:
Cobra wrote:well, guess that's it for today. Bears don't want to see a low of day close because that would be a Bearish Engulfing on the SPY daily chart which actually is bullish, very very, so a little rebound until close it's good. Thank you guys, I'll see you tomorrow. We had a great day, by the way, because we have 18 pages today, the most posted days ever. :lol:


Cobra,

Do you consider tomorrow a Fed day or at least do you think Fed day stats may apply?


not apply. the announcement is tomorrow morning: GDP and QE3. we'll know when we wake up.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 46703
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/25/2011 Intraday Watering

Postby uempel » Thu Aug 25, 2011 4:03 pm

Last chart:
SPX138.png
uempel
 
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 08/25/2011 Intraday Watering

Postby soku » Thu Aug 25, 2011 4:05 pm

soku wrote:interesting. es down then quickly pull back to 1156 where is my measured support area. not sure what will happen. this market is not suitable for me.
i did spend time reading lien's website and other things on QE3. i think the market priced in some qe3 (or in liue). my guess is around 500m -1 trillion, leveraged. (my number is lower than GS estimates.) if end up none, as cobra's guess, we will see huge drop.


zerohedge just posted on GS estimation.
http://www.zerohedge.com/news/here-are- ... illion-qe3
if it is 1trillion as they said, es may go up. my guess is somewhere low 12x0 as my swing high.
worst case scenario, if no easing, or option #1 in lien's post, i think es fair value is around 950.
The goal is not uniformity. It is understanding and idea exchange.
User avatar
soku
 
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 08/25/2011 Intraday Watering

Postby jarbo456 » Thu Aug 25, 2011 4:05 pm

was there a phantom to just above 118 on the closing 5minute spy today? i hope not! -_-
User avatar
jarbo456
 
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 08/25/2011 Intraday Watering

Postby BullBear52x » Thu Aug 25, 2011 4:06 pm

Thank you all, especially the master of course. Bear away for me.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23162
Joined: Tue Feb 22, 2011 3:47 pm

Re: 08/25/2011 Intraday Watering

Postby AK84 » Thu Aug 25, 2011 4:08 pm

uempel wrote:Last chart:
SPX138.png


seems like a backtest after breaking. looks bullish ?
your charts are soooo amazing! although sometimes i dont understand the implications coz they are so short term based and partly coz im no expert like u ! ;)
AK84
 
Posts: 572
Joined: Tue Feb 15, 2011 5:09 am

Re: 08/25/2011 Intraday Watering

Postby Anaconda » Thu Aug 25, 2011 4:09 pm

jarbo456 wrote:was there a phantom to just above 118 on the closing 5minute spy today? i hope not! -_-


Yes. I covered half my short positions.
User avatar
Anaconda
 
Posts: 487
Joined: Fri May 06, 2011 2:57 pm

Re: 08/25/2011 Intraday Watering

Postby johnnywa » Thu Aug 25, 2011 4:10 pm

Buy calls on bad GDP number,
ben will pump
johnnywa
 
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 08/25/2011 Intraday Watering

Postby soku » Thu Aug 25, 2011 4:11 pm

AK84 wrote:
Cobra wrote:well, guess that's it for today. Bears don't want to see a low of day close because that would be a Bearish Engulfing on the SPY daily chart which actually is bullish, very very, so a little rebound until close it's good. Thank you guys, I'll see you tomorrow. We had a great day, by the way, because we have 18 pages today, the most posted day ever. :lol:

I think 3 of those pages were me trying ti explain that i was joking earlier about a comment I made. :lol:


lol only 2.5 per my count. even w/o the mess u made, it is still the longest i think. per cobra, it will be an interesting day tomorrow.
a side note, i will be busy watching tv and doing analysis tomorrow for my job. i will see you guys monday.
good luck everyone.
The goal is not uniformity. It is understanding and idea exchange.
User avatar
soku
 
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 08/25/2011 Intraday Watering

Postby frankthetank » Thu Aug 25, 2011 4:18 pm

double bottom coming at 1100? Or we break through 1100 and wait for a european bank to go under and then a big ass swap line from the fed too the euro. Ben only has a few more tricks up his sleave and the next one is a severe devaluation of the us dollar, he can do this by huge buy of foreign currency ( his last bullet is actually buying stock ). If Ben started buying some of the pigs debts then the soverign risk event is taken away. Any thoughts
frankthetank
 
Posts: 106
Joined: Wed Aug 24, 2011 11:34 am

Re: 08/25/2011 Intraday Watering

Postby lazytrader » Thu Aug 25, 2011 4:21 pm

Great day in the forum today...though trading wise it was not good...GOOG took all my profits...
lazytrader
 
Posts: 46
Joined: Mon Jul 11, 2011 11:31 am

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: alandon, Google [Bot], Google Adsense [Bot], Heck and 23 guests