Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:03 pm
Your Cyber Honey eating too much butterflies for lunch.
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09/01/2011 Intraday Watering
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Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:04 pm
double top text book target.
see that phantom bar, we already knew the target.
see that phantom bar, we already knew the target.
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:06 pm
measured move target met, but should be more, the very 1st rebound from here should fail.
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:07 pm
1. SMA cross-overs after compression on the 5 min SPX
2. TVIX triangle breakout
3. Double top this morning and failure to clear yesterday's high
Wouldn't buy this dip folks. If you are itching to buy a dip, be more patient and wait a little more.
Here's a chart to mull over.
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:09 pm
Cobra, Would you hold a short position (TZA, for example) overnight? .... or is it too early to tell? Thanks!Cobra wrote:measured move target met, but should be more, the very 1st rebound from here should fail.
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:11 pm
As soon as market drops, 470 people logged Cobra's site. It was almost 300 before. Cobra, you are the best.
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:11 pm
Looks like my Triangle call was wrong and now I think we're in a 3-3-5 Flat. We should get a rebound up for Wave 4 of the Flat and then another leg lower for Wave 5.StrikePrice wrote:Update of Triangle posted earlier. C Wave I assume?
So I'm guessing we close near LOD ~ 121.30 area.
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:13 pm
+1Tabby wrote:As soon as market drops, 470 people logged Cobra's site. It was almost 300 before. Cobra, you are the best.
Cobra is the BEST!!!!
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:14 pm
+2AK84 wrote:+1Tabby wrote:As soon as market drops, 470 people logged Cobra's site. It was almost 300 before. Cobra, you are the best.
Cobra is the BEST!!!!
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:15 pm
Good info around here... happy to add my thoughts.
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:15 pm
+3 on Cobra
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:16 pm
+4
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:16 pm
+4 on Cobra
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:17 pm
+5, then 
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:24 pm
Good stuff, thanks CobraCobra wrote:measured move target met, but should be more, the very 1st rebound from here should fail.
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:25 pm
YES and NO, it is Double Bottom Breakdown:Cobra wrote:could be double top breakdown. There're 2 potential targets. I'm not sure, still doesn't look the market wants to drop hard.
http://img220.imageshack.us/img220/5438/captureqrx.png
so fasten your seatbelts please
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:26 pm
GS: clear enough?
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:29 pm
If you are itching to play the JBTFD game, wait a bit and look for...
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:37 pm
My TZA exit at 42.9.
Huh!
Huh!
Re: 09/01/2011 Intraday Watering
Posted: Thu Sep 01, 2011 2:40 pm
In either trade or service.AK84 wrote:Cobra is the BEST!!!!