Back to www.cobrasmarketview.com

   

09/16/2011 Intraday Watering

Re: 09/16/2011 Intraday Watering

Postby shumushu » Fri Sep 16, 2011 10:49 am

chart explaining my target
Attachments
2011-09-16_0745.png
User avatar
shumushu
 
Posts: 315
Joined: Thu Feb 17, 2011 1:09 pm

Re: 09/16/2011 Intraday Watering

Postby AK84 » Fri Sep 16, 2011 10:50 am

uempel wrote:I guess I've been waiting too long, been too bullish for today.


Welcome back ! You were missed~!! Hope you had a nice vacation!
AK84
 
Posts: 572
Joined: Tue Feb 15, 2011 5:09 am

Re: 09/16/2011 Intraday Watering

Postby jaijailyc » Fri Sep 16, 2011 10:52 am

I have been short for the whole week. I put in a conditional order last night to cover half the shorts @ 1220 SP, and look what happened. I covered half at 1220. Dammmm
jaijailyc
 
Posts: 135
Joined: Sat Aug 06, 2011 5:33 pm

Re: 09/16/2011 Intraday Watering

Postby Cobra » Fri Sep 16, 2011 10:52 am

pullback target met, let's whether it's being bought again.
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: 47263
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/16/2011 Intraday Watering

Postby ultramarine » Fri Sep 16, 2011 10:54 am

99er wrote:ultramarine

SPX target based on AB=CD pattern (drawn in gold) and may be reached by next Wednesday.


Thanks 99er. So if I understand you correctly, AB is the move down to 1230 to 1140 for 90 points. And you are expecting the same magnitude and time frame for the move lower from 1220 to 1124. Does the market always mimic previous moves so closely? Not always, but sometimes....
ultramarine
 
Posts: 194
Joined: Fri Aug 26, 2011 9:25 am

Re: 09/16/2011 Intraday Watering

Postby ClarkW » Fri Sep 16, 2011 10:57 am

shumushu wrote:chart explaining my target


Shumushu, trying to learn. Why did you begin the left box where you did? Thanks
ClarkW
 
Posts: 1325
Joined: Wed Aug 10, 2011 11:28 am

Re: 09/16/2011 Intraday Watering

Postby Cobra » Fri Sep 16, 2011 10:58 am

trend line support.
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: 47263
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/16/2011 Intraday Watering

Postby champix » Fri Sep 16, 2011 10:58 am

champix wrote:Regarding crude, here is my plan for today ...
Just missed my buy for a few cents, but I am patient... :twisted:

Long 1 CL @ 87.55, stop 87.25 target unchanged !
User avatar
champix
 
Posts: 551
Joined: Thu Apr 14, 2011 9:13 am
Location: PARIS

Re: 09/16/2011 Intraday Watering

Postby stockcycle » Fri Sep 16, 2011 10:59 am

Do I make a score to day?
Here is the horn pattern I mentioned:
Attachments
DJ.png
stockcycle
 
Posts: 329
Joined: Fri May 20, 2011 6:31 am
Location: Vietnam

Re: 09/16/2011 Intraday Watering

Postby 99er » Fri Sep 16, 2011 11:00 am

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

Re: 09/16/2011 Intraday Watering

Postby Cobra » Fri Sep 16, 2011 11:00 am

volume surge, so hopefully a rebound of some kind here. I expect the rebound to fail. This time the pullback should be at least 2 legged. we'll see.
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: 47263
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/16/2011 Intraday Watering

Postby jarbo456 » Fri Sep 16, 2011 11:01 am

bulls have a lot of work to do to make up for that 45 minute ambush. -_-

i think they may have just started things in the nick of time. but i'm not going to trust it until the 1 minute recaptures the 200MA.
User avatar
jarbo456
 
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 09/16/2011 Intraday Watering

Postby KENA » Fri Sep 16, 2011 11:02 am

Out of calls this morn.Still holding my shorts.Calls help but don't cover all short losses but it does take the sting out .I know Cobra thinks the mkt will still hold up thru the fed meetings next week.which may be.Also on the other side if the mkts are holding up then any push up will be limited.So maybe they take the mkt dn befor the meeting and then if it is positive and Big Ben throws big bucks into easing then the mkts have more room to move up and still stay in this boreing 1140/1230 trading range.Just my thoughts and something to chew on today.Wait and see. PS.Yes and don't forget the big move dn is still on the books.
User avatar
KENA
 
Posts: 2995
Joined: Tue Feb 15, 2011 1:54 pm

Re: 09/16/2011 Intraday Watering

Postby uempel » Fri Sep 16, 2011 11:02 am

AK84 wrote:
uempel wrote:I guess I've been waiting too long, been too bullish for today.


Welcome back ! You were missed~!! Hope you had a nice vacation!


Tks, I was away from the markets, but no vacation. I'm back and the same old game with MA 377 is going on, SPX has not yet given up.
SPX38.png
uempel
 
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 09/16/2011 Intraday Watering

Postby shumushu » Fri Sep 16, 2011 11:09 am

ClarkW wrote:
shumushu wrote:chart explaining my target


Shumushu, trying to learn. Why did you begin the left box where you did? Thanks


the first box is from yesterday's close to today's high, then I just duplicated the box and the target 1 is formed and is very close to the point of control. The second target is value area low of yesterday.
User avatar
shumushu
 
Posts: 315
Joined: Thu Feb 17, 2011 1:09 pm

Re: 09/16/2011 Intraday Watering

Postby newbie_77 » Fri Sep 16, 2011 11:12 am

cobra,
any target for the rebound high?
newbie_77
 
Posts: 300
Joined: Fri Jul 29, 2011 1:47 pm

Re: 09/16/2011 Intraday Watering

Postby jarbo456 » Fri Sep 16, 2011 11:12 am

hmmmm...could this be a one legged push down? that would fool some eh?
User avatar
jarbo456
 
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 09/16/2011 Intraday Watering

Postby uempel » Fri Sep 16, 2011 11:12 am

Ahh, I'd love to trade, but I'm just waiting, waiting.
SPX39.png
uempel
 
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 09/16/2011 Intraday Watering

Postby 99er » Fri Sep 16, 2011 11:16 am

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

Re: 09/16/2011 Intraday Watering

Postby Al_Dente » Fri Sep 16, 2011 11:16 am

Alright boarders and other bears:
Yesterday The Cobra, The King Cobra, our fearless leader, called for a show of hands from those here still bearish.
Okay, today raise your hand if you think The Cobra was just clownin’ around, killin’ time, he’s such a jokester that one.
Or: show of hands if you think that little snake gotta be Mensa, he does all the heavy lifting for us, then sees if he can find a contrary indicator on this board for that brilliant “evil plan” on his overnight.
User avatar
Al_Dente
 
Posts: 24600
Joined: Thu Jul 21, 2011 2:29 pm

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: Cobra, Google [Bot] and 12 guests