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09/02/2011 Intraday Watering

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Cobra
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Re: 09/02/2011 Intraday Watering

Post by Cobra »

the open. I think it'll rebound a little at least as this kind of gap is way too stretched. Let's see.
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99er
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Re: 09/02/2011 Intraday Watering

Post by 99er »

Honey...
SPX http://99ercharts.blogspot.com/2011/09/spx_02.html

Did Tabby start the car?
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Cobra
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Re: 09/02/2011 Intraday Watering

Post by Cobra »

Mongoose wrote:Cobra, After following your blog for nearly a year, and your most recent Market Outlook, 9/1, is the best I have seen. It is concise, comprehensive and well balanced. I like the TA with the stats. I also like the "if this, then that scenario". The Market Outlook is balanced with market psychology and economic indicators.
Brilliant. Thanks for sharing your insight.
Thanks. :lol:

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Cobra
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Re: 09/02/2011 Intraday Watering

Post by Cobra »

alvian33 wrote:cobra, how do you take dollar up and gold up?
bad for stocks.

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agnosia
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Re: 09/02/2011 Intraday Watering

Post by agnosia »

agnosia wrote:long 1179 stop 1177.75
i'm outta here.... don't want to give up my gains for the week. good luck all and enjoy the long wknd. till next week...
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Alpha_M
Posts: 23
Joined: Thu Jul 21, 2011 11:58 am

Re: 09/02/2011 Intraday Watering

Post by Alpha_M »

AK84 wrote:Good Morning Cobra and everyone!

Its going to be a great day for all the people short as the action from the last couple of days everyone has been discussing here has been pretty obvious to go short at 1230!

Currently still holding the following puts:

NFLX Oct 240 Puts
CMG Oct 310 Puts
ANF Oct 60 put
GOOG OCT 545 Put

GLTA!

I am soo inspired by your work...I thought I had closed NFLX yesterday minutes before the market closed but the order did not get filled. Your analysis has helped me generate madddddddd Alpha!!!!!!! :lol: :lol: :lol:

GLGA!!
Last edited by Alpha_M on Fri Sep 02, 2011 9:45 am, edited 1 time in total.
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Mr. T
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Re: 09/02/2011 Intraday Watering

Post by Mr. T »

Filthy Bulls want to buy my Gold Chains........ ON CREDIT!!!!!

Silly bulls - "Get a job".
-T

"Treat Your Mother Right!!!!"
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rocstocktrader
Posts: 100
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Re: 09/02/2011 Intraday Watering

Post by rocstocktrader »

At a minimum it wouldn't surprise me to see the SP 500 1,175 and nasdaq composite 2,478 trade down to 21 day moving averages. btdstocktrader.webs.com
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Tabby
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Re: 09/02/2011 Intraday Watering

Post by Tabby »

99er wrote:Honey...
SPX http://99ercharts.blogspot.com/2011/09/spx_02.html

Did Tabby start the car?
I saw steam came out of my car, guess what? My car going green using espresso for fuel.
Where is BB52X??????????????
Thanks for butterfly charts.
10-0
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KENA
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Re: 09/02/2011 Intraday Watering

Post by KENA »

Sold my spy short.Good profit could not pass up.Will buy back in later.Wait and see.
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EvilTrader
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Re: 09/02/2011 Intraday Watering

Post by EvilTrader »

99er wrote:Honey...
SPX http://99ercharts.blogspot.com/2011/09/spx_02.html

Did Tabby start the car?
I like your funny lines. :lol:
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Rezito
Posts: 102
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Re: 09/02/2011 Intraday Watering

Post by Rezito »

Sold my Teck puts still holding HSD. Eyeing X for my next buying of puts.

This significantly increases the chance of QE3 later in September.
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Al_Dente
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Re: 09/02/2011 Intraday Watering

Post by Al_Dente »

yesterday all spy volume 48 million shares. Already today we're almost besting that !
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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rola
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Re: 09/02/2011 Intraday Watering

Post by rola »

Al_Dente wrote:yesterday all spy volume 48 million shares. Already today we're almost besting that !
I am not sure if you are right, on the CNBC site it was about 248 mil shares?!
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Mongoose
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Re: 09/02/2011 Intraday Watering

Post by Mongoose »

Cobra, What does your VXX show right now? and what does it suggest? I see volatility steadily declining suggesting a rising market. If I had to guess, the s&p would rise to around 1194.
Any thoughts on that?
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grachu
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Re: 09/02/2011 Intraday Watering

Post by grachu »

:D YEA !! I AGREE WHAT A great REPORT today !! PLEASE keep them up you are the best !!!:)
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KENA
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Re: 09/02/2011 Intraday Watering

Post by KENA »

Lots of support from 1180 to 1170.The mkt may not be able to break thru all of this at this time.The mkt may try to go up to the 1190/1195 level.May be a good buy short level again.Wait and see.Anyway time for breakfast.
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gator11
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Joined: Fri Mar 25, 2011 9:53 am

Re: 09/02/2011 Intraday Watering

Post by gator11 »

KENA wrote:Lots of support from 1180 to 1170.The mkt may not be able to break thru all of this at this time.The mkt may try to go up to the 1190/1195 level.May be a good buy short level again.Wait and see.Anyway time for breakfast.

Kena- didnt you mention the Bullish percent from dorsey wright turned positive which typically means several weeks of upside. If this is the case shouldnt this put us in buy the dip mode over the next sevral weeks? Newbie trying to learn. Thanks in advance.
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Al_Dente
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Re: 09/02/2011 Intraday Watering

Post by Al_Dente »

rola wrote:
Al_Dente wrote:yesterday all spy volume 48 million shares. Already today we're almost besting that !
I am not sure if you are right, on the CNBC site it was about 248 mil shares?!
Thank you, I stand corrected.

Try again.
Looking at breadth on this drop. Declining issues went above 2600 already (now 2588; changes every minute). This is quite deep; there are only 2900 issues (changes ditto) traded today on NYSE. In the last 30 days decliners>2600 only happened 4 times: 4 aug, 5 aug, 8 aug and 18 aug. Three of the four times were bear into the close.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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StrikePrice
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Re: 09/02/2011 Intraday Watering

Post by StrikePrice »

Mongoose wrote:Cobra, After following your blog for nearly a year, and your most recent Market Outlook, 9/1, is the best I have seen. It is concise, comprehensive and well balanced. I like the TA with the stats. I also like the "if this, then that scenario". The Market Outlook is balanced with market psychology and economic indicators.
Brilliant. Thanks for sharing your insight.
Cobra rules. I've been following the blog for over a year. A must read for me.

I wanted to say I do kinda miss the old way where Bullish and Bearish signals built up in a table. That was what really turned me on to technical analysis.
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