Page 9 of 11

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:03 pm
by Tabby

Your Cyber Honey eating too much butterflies for lunch. :mrgreen:

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:04 pm
by Cobra
double top text book target.

see that phantom bar, we already knew the target. :mrgreen:

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:06 pm
by Cobra
measured move target met, but should be more, the very 1st rebound from here should fail.

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:07 pm
by BullTart
runningoutofroom.png
Some of things of note:

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

PostPosted: Thu Sep 01, 2011 2:09 pm
by seekingknowledge
Cobra wrote:measured move target met, but should be more, the very 1st rebound from here should fail.


Cobra, Would you hold a short position (TZA, for example) overnight? .... or is it too early to tell? Thanks!

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:11 pm
by Tabby
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

PostPosted: Thu Sep 01, 2011 2:11 pm
by StrikePrice
StrikePrice wrote:Update of Triangle posted earlier. C Wave I assume?


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.

So I'm guessing we close near LOD ~ 121.30 area.

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:13 pm
by AK84
Tabby wrote:As soon as market drops, 470 people logged Cobra's site. It was almost 300 before. Cobra, you are the best.


+1

Cobra is the BEST!!!! :D

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:14 pm
by silkway
AK84 wrote:
Tabby wrote:As soon as market drops, 470 people logged Cobra's site. It was almost 300 before. Cobra, you are the best.


+1

Cobra is the BEST!!!! :D

+2

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:15 pm
by BullTart
Good info around here... happy to add my thoughts.

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:15 pm
by Ninja Trader
+3 on Cobra

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:16 pm
by quientuves
+4

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:16 pm
by varaamo
+4 on Cobra

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:17 pm
by varaamo
+5, then :-)

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:24 pm
by auger
Cobra wrote:measured move target met, but should be more, the very 1st rebound from here should fail.


Good stuff, thanks Cobra

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:25 pm
by mac769
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.


YES and NO, it is Double Bottom Breakdown:

http://img220.imageshack.us/img220/5438/captureqrx.png

so fasten your seatbelts please

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:26 pm
by cougar
GS: clear enough?

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:29 pm
by BullTart
If you are itching to play the JBTFD game, wait a bit and look for...

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:37 pm
by silicon_beaver
My TZA exit at 42.9.
Huh!
:D

Re: 09/01/2011 Intraday Watering

PostPosted: Thu Sep 01, 2011 2:40 pm
by silicon_beaver
AK84 wrote:Cobra is the BEST!!!! :D


In either trade or service.