Back to www.cobrasmarketview.com

   

09/09/2011 Intraday Watering

Re: 09/09/2011 Intraday Watering

Postby janez » Fri Sep 09, 2011 12:42 pm

janez wrote:
agnosia wrote:hope everyone SOLD EVERYTHING. 100% cash for me... waiting for the crash to happen then i'll be back buying. the cycle continues. we're down too big to start shorting IMO. good luck guys, hope you're all doing ok.


Same here. may not be too wise, but ...
actually looking to add a few longs just in case.. look for the good ones.
janez
 
Posts: 192
Joined: Mon Jun 13, 2011 4:30 pm

Re: 09/09/2011 Intraday Watering

Postby j1900q » Fri Sep 09, 2011 12:44 pm

Agree, 100 % cash here also.
j1900q
 
Posts: 14
Joined: Wed Jul 27, 2011 12:24 pm

Re: 09/09/2011 Intraday Watering

Postby StrikePrice » Fri Sep 09, 2011 12:46 pm

Cobra wrote:Measured Move target.


These continue to perform very well in this volatile market. Cheers to Cobra. :D
StrikePrice
 
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 09/09/2011 Intraday Watering

Postby heavenskrow » Fri Sep 09, 2011 12:47 pm

:twisted: Don't say I didn't tell you...Euro already broke support yesterday and dollar broke out few days ago with confirmation.....
Now to us bears, we need this BEAR FLAG DESTROYED!!!!
User avatar
heavenskrow
 
Posts: 1030
Joined: Tue Aug 16, 2011 11:17 am

Re: 09/09/2011 Intraday Watering

Postby BullBear52x » Fri Sep 09, 2011 12:47 pm

this is a falling knife gents
Attachments
Falling Knife.gif
Falling Knife.gif (17.72 KiB) Viewed 2050 times
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/09/2011 Intraday Watering

Postby keesa » Fri Sep 09, 2011 12:48 pm

BullBear52x wrote:this is a falling knife gents


actually dollar is rising
keesa
 
Posts: 67
Joined: Thu Jun 30, 2011 4:06 pm

Re: 09/09/2011 Intraday Watering

Postby Cobra » Fri Sep 09, 2011 12:49 pm

alvian33 wrote:Cobra, it seems like the past month a forward accelerating car can reverse :)

when we had a major distribution day, you said it's really rare that we won't go lower or touch the lows before we go higher, but we went straight up, then 2 days ago same thing but opposite, we were high an we have an accumulation day, you said bulls are safe, and next day we plunge so is today, not trying to critic you, but just saying looks like it's possible the car can go reverse, without braking :) :mrgreen:


no, yesterday we had the higher high, that MAD call was fulfilled.

Also that MDD call was fulfilled either.

You didn't pay attention to the differences between: higher high and higher close or lower low and lower close. I'm very careful in my wording here cause everything I say are based on evidences. Rarely they fail.

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: 47666
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/09/2011 Intraday Watering

Postby Al_Dente » Fri Sep 09, 2011 12:50 pm

Everything internally is obviously strong bear.
But there is a glimmer of something in the VERY SHORT TERM VIX/VXX divergence.
VXX higher high.
VIX says no way, double topped, neg diverg.
VIX is already at a monster 40, and maybe just needs a breather, and is so fickle it can turn in the time it takes to post this, but it “bears” watching.
User avatar
Al_Dente
 
Posts: 24844
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/09/2011 Intraday Watering

Postby 99er » Fri Sep 09, 2011 12:51 pm

User avatar
99er
 
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm

Re: 09/09/2011 Intraday Watering

Postby heavenskrow » Fri Sep 09, 2011 12:54 pm

shumushu wrote:Anyone looking at the dollar? If we do close the dollar on the weeklys, that is very bearish for stocks, oil and gold.

NASDAQ is about to fill its gap lol! People trading AAPL are from Mars, they don't give a shit about the market.


Been looking at it all week and making $$ off the dollar.. Weekly close is a given
User avatar
heavenskrow
 
Posts: 1030
Joined: Tue Aug 16, 2011 11:17 am

Re: 09/09/2011 Intraday Watering

Postby uempel » Fri Sep 09, 2011 12:54 pm

Last chart for today. And as everybody is giving a financial statement here: I closed yesterday's longs at the bounce to 75 (lost 10 handles), went short at 75, closed shorts now because I don't want to be long into the weekend. I do have some other positions, but they are fully hedged... Bye guys.
SPX.png
uempel
 
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 09/09/2011 Intraday Watering

Postby newbie_77 » Fri Sep 09, 2011 12:59 pm

that was a big bar on the minute chart trying to sucker in some longs i guess
newbie_77
 
Posts: 300
Joined: Fri Jul 29, 2011 1:47 pm

Re: 09/09/2011 Intraday Watering

Postby Cobra » Fri Sep 09, 2011 1:00 pm

wow, strong bull bar with huge volume, something happened?
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: 47666
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/09/2011 Intraday Watering

Postby ramram » Fri Sep 09, 2011 1:00 pm

big move -- is this shorts covering or real buyers?
User avatar
ramram
 
Posts: 60
Joined: Thu Sep 01, 2011 2:22 pm

Re: 09/09/2011 Intraday Watering

Postby heavenskrow » Fri Sep 09, 2011 1:00 pm

uempel wrote:Last chart for today. And as everybody is giving a financial statement here: I closed yesterday's longs at the bounce to 75 (lost 10 handles), went short at 75, closed shorts now because I don't want to be long into the weekend. I do have some other positions, but they are fully hedged... Bye guys.
SPX.png


I never understand how to use Andrew's Pitchfork.... tried over and over, but I can never do it correctly... :|
User avatar
heavenskrow
 
Posts: 1030
Joined: Tue Aug 16, 2011 11:17 am

Re: 09/09/2011 Intraday Watering

Postby Tabby » Fri Sep 09, 2011 1:01 pm

99er wrote:Tabby

This one's for you.

http://www.youtube.com/watch?v=PJqC0snhCbs

We used to tell the depressed group in my Psych unit to sing Amazing Grace for healing purpose. Our group was getting depressed yesterday and that was the reason I said let's sing Amazing Grace.
BTW, later on I found out that AA group using this song too.
Tabby
 
Posts: 924
Joined: Tue Feb 15, 2011 5:09 pm

Re: 09/09/2011 Intraday Watering

Postby BullBear52x » Fri Sep 09, 2011 1:01 pm

POS D. here but don't be fooled, a day like today a trade >200ma on 1 min. is a must.
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/09/2011 Intraday Watering

Postby keesa » Fri Sep 09, 2011 1:06 pm

Cobra wrote:wow, strong bull bar with huge volume, something happened?


dollar dropped DX from 77.74 +1.01 to 77.59 +0.86
keesa
 
Posts: 67
Joined: Thu Jun 30, 2011 4:06 pm

Re: 09/09/2011 Intraday Watering

Postby fuddleduddle » Fri Sep 09, 2011 1:08 pm

Maybe simply from the headline that Greece rejects talks of default.
fuddleduddle
 
Posts: 99
Joined: Fri Jun 24, 2011 8:25 pm

Re: 09/09/2011 Intraday Watering

Postby heavenskrow » Fri Sep 09, 2011 1:08 pm

keesa wrote:
Cobra wrote:wow, strong bull bar with huge volume, something happened?


dollar dropped DX from 77.74 +1.01 to 77.59 +0.86


and 10 yr double topped on hourly chart from sep 5th
User avatar
heavenskrow
 
Posts: 1030
Joined: Tue Aug 16, 2011 11:17 am

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: Alexa [Bot], Cobra, Ed02 and 43 guests