Back to www.cobrasmarketview.com

09/09/2011 Intraday Watering

newbie_77
Posts: 300
Joined: Fri Jul 29, 2011 1:47 pm

Re: 09/09/2011 Intraday Watering

Post by newbie_77 »

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....
SigmaEcho
Posts: 286
Joined: Fri Apr 08, 2011 12:09 pm

Re: 09/09/2011 Intraday Watering

Post by SigmaEcho »

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

ppt cue; safety net in place?

any phantom bars?
User avatar
Mr. BachNut
Posts: 2688
Joined: Thu Feb 24, 2011 2:28 pm

Re: 09/09/2011 Intraday Watering

Post by Mr. BachNut »

Covered short at profit. Back to neutral. Checking out for weekend. We'll see what next week brings.
fuddleduddle
Posts: 99
Joined: Fri Jun 24, 2011 8:25 pm

Re: 09/09/2011 Intraday Watering

Post by fuddleduddle »

More up, more volume.. let's see if it can get past 116.90 ish.
User avatar
tapesense
Posts: 70
Joined: Thu Mar 24, 2011 4:34 pm

Re: 09/09/2011 Intraday Watering

Post by tapesense »

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

Re: 09/09/2011 Intraday Watering

Post by Mongoose »

User avatar
Cobra
Site Admin
Posts: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/09/2011 Intraday Watering

Post by Cobra »

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.
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 09/09/2011 Intraday Watering

Post by uempel »

Definitely last chart :lol:
6771.png
StrikePrice
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 09/09/2011 Intraday Watering

Post by StrikePrice »

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.
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 09/09/2011 Intraday Watering

Post by uempel »

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...
User avatar
Cobra
Site Admin
Posts: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/09/2011 Intraday Watering

Post by Cobra »

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
heavenskrow
Posts: 1030
Joined: Tue Aug 16, 2011 11:17 am
Contact:

Re: 09/09/2011 Intraday Watering

Post by heavenskrow »

still long TMF........
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/09/2011 Intraday Watering

Post by Al_Dente »

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
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 09/09/2011 Intraday Watering

Post by 99er »

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
BullTart
Posts: 398
Joined: Thu Sep 01, 2011 12:23 pm

Re: 09/09/2011 Intraday Watering

Post by BullTart »

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
proteus46
Posts: 190
Joined: Mon Jun 06, 2011 4:12 pm

Re: 09/09/2011 Intraday Watering

Post by proteus46 »

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

Re: 09/09/2011 Intraday Watering

Post by nonabear »

Cobra,

2 questions.

1) Think the low of today will hold

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

Thanks
janez
Posts: 192
Joined: Mon Jun 13, 2011 4:30 pm

Re: 09/09/2011 Intraday Watering

Post by janez »

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?
rola
Posts: 163
Joined: Tue Apr 26, 2011 1:12 pm

Re: 09/09/2011 Intraday Watering

Post by rola »

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!
User avatar
Petsamo
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 09/09/2011 Intraday Watering

Post by Petsamo »

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
Post Reply