Back to www.cobrasmarketview.com

   

09/09/2011 Intraday Watering

Re: 09/09/2011 Intraday Watering

Postby newbie_77 » Fri Sep 09, 2011 1:10 pm

my (pure speculation) we will reach 118 today :o ... just saw a huge open on 118 calls......... huge huge volume .... [ not sure how to read it ]
may be speculation play.. maybe someone knows something....
newbie_77
 
Posts: 300
Joined: Fri Jul 29, 2011 1:47 pm

Re: 09/09/2011 Intraday Watering

Postby SigmaEcho » Fri Sep 09, 2011 1:10 pm

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



ppt cue; safety net in place?

any phantom bars?
SigmaEcho
 
Posts: 286
Joined: Fri Apr 08, 2011 12:09 pm

Re: 09/09/2011 Intraday Watering

Postby Mr. BachNut » Fri Sep 09, 2011 1:14 pm

Covered short at profit. Back to neutral. Checking out for weekend. We'll see what next week brings.
User avatar
Mr. BachNut
 
Posts: 2450
Joined: Thu Feb 24, 2011 2:28 pm

Re: 09/09/2011 Intraday Watering

Postby fuddleduddle » Fri Sep 09, 2011 1:15 pm

More up, more volume.. let's see if it can get past 116.90 ish.
fuddleduddle
 
Posts: 99
Joined: Fri Jun 24, 2011 8:25 pm

Re: 09/09/2011 Intraday Watering

Postby tapesense » Fri Sep 09, 2011 1:16 pm

Morning in Hawaii, get me more coffee and let's see what happened in the markets.. OH SH**!!!

Always late, or rather early. 5 minute ES looks like the daily pattern I bought, broke a small swing high at the base of a big fall, points to 1155.
User avatar
tapesense
 
Posts: 70
Joined: Thu Mar 24, 2011 4:34 pm

Re: 09/09/2011 Intraday Watering

Postby Mongoose » Fri Sep 09, 2011 1:17 pm

Mongoose
 
Posts: 148
Joined: Sun Aug 28, 2011 4:49 am

Re: 09/09/2011 Intraday Watering

Postby Cobra » Fri Sep 09, 2011 1:19 pm

trend line resistance. hopefully bears will do something here, it's rare the very first rebound a successful rebound.
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: 45103
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/09/2011 Intraday Watering

Postby uempel » Fri Sep 09, 2011 1:20 pm

Definitely last chart :lol:
6771.png
uempel
 
Posts: 8684
Joined: Tue Feb 15, 2011 6:38 am

Re: 09/09/2011 Intraday Watering

Postby StrikePrice » Fri Sep 09, 2011 1:20 pm

This market is one giant baby. One hour it's screaming and crying. :(

The next hour it's smiling and laughing. :lol:

It defines behavioral finance completely.
StrikePrice
 
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 09/09/2011 Intraday Watering

Postby uempel » Fri Sep 09, 2011 1:22 pm

newbie_77 wrote:my (pure speculation) we will reach 118 today :o ... just saw a huge open on 118 calls......... huge huge volume .... [ not sure how to read it ]
may be speculation play.. maybe someone knows something....


Huge short positions are hedged with huge call positions. Actually it's a bearish call...
uempel
 
Posts: 8684
Joined: Tue Feb 15, 2011 6:38 am

Re: 09/09/2011 Intraday Watering

Postby Cobra » Fri Sep 09, 2011 1:23 pm

EMA gap short, let's see if bears get any chances here.
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: 45103
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/09/2011 Intraday Watering

Postby heavenskrow » Fri Sep 09, 2011 1:25 pm

still long TMF........
User avatar
heavenskrow
 
Posts: 1030
Joined: Tue Aug 16, 2011 11:17 am

Re: 09/09/2011 Intraday Watering

Postby Al_Dente » Fri Sep 09, 2011 1:27 pm

Ginormous bull tick hit >1300 on stockcharts (or >1051 on schwab, or >1145 on freestockcharts, etc). Point is it's hefty buying, maybe just a few program trades, maybe more. Declining issues are holding strong in the 2500 zone (BEAR), but don't let nydec break too much more (last chance cover on nydec is breakdown of 2000), VIX is bullish, but it doesn't yet seem that bulls have enough strength to breakout resistances
User avatar
Al_Dente
 
Posts: 23329
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/09/2011 Intraday Watering

Postby 99er » Fri Sep 09, 2011 1:34 pm

SPX
Head and Shoulders just about complete.
http://99ercharts.blogspot.com/2011/09/spx_3000.html

And, in honor of the Moon Festival...

http://www.youtube.com/watch?v=3b9wrP7ATSA

Have a great weekend!
User avatar
99er
 
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm

Re: 09/09/2011 Intraday Watering

Postby BullTart » Fri Sep 09, 2011 1:37 pm

We had a pretty weak bounce off the bear flag... if we break below it later this afternoon, look out!

Closed my spec long position yesterday with a small loss- idea of a two legged up move didn't pan out. The rebound was weaker than expected.

Re-opened TVIX longs at the open - may hold them over the weekend and add more if we FINALLY break through down the bear flag.
Attachments
current.png
User avatar
BullTart
 
Posts: 286
Joined: Thu Sep 01, 2011 12:23 pm

Re: 09/09/2011 Intraday Watering

Postby proteus46 » Fri Sep 09, 2011 1:41 pm

I think we are setting up a major bull rally for Monday. The only requirement is that Greece does not default over the weekend. imo
User avatar
proteus46
 
Posts: 190
Joined: Mon Jun 06, 2011 4:12 pm

Re: 09/09/2011 Intraday Watering

Postby nonabear » Fri Sep 09, 2011 1:43 pm

Cobra,

2 questions.

1) Think the low of today will hold

2) What level on the SPY would turn you bullish today.

Thanks
nonabear
 
Posts: 34
Joined: Thu Jul 07, 2011 2:50 pm

Re: 09/09/2011 Intraday Watering

Postby janez » Fri Sep 09, 2011 1:46 pm

proteus46 wrote:I think we are setting up a major bull rally for Monday. The only requirement is that Greece does not default over the weekend. imo

Why say so?
janez
 
Posts: 192
Joined: Mon Jun 13, 2011 4:30 pm

Re: 09/09/2011 Intraday Watering

Postby rola » Fri Sep 09, 2011 1:48 pm

I do not think that Greece will just collapse over weekend, in that case Europe will fall apart, they can not do this because domino effect - for now!
rola
 
Posts: 163
Joined: Tue Apr 26, 2011 1:12 pm

Re: 09/09/2011 Intraday Watering

Postby Petsamo » Fri Sep 09, 2011 1:51 pm

I'd like to see US close at the low of the day. That way we can get a surprise gap up. We're selling off because we're responding to overseas markets selling off.
Twitter @jackwag0n
User avatar
Petsamo
 
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: No registered users and 13 guests