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09/21/2011 Intraday Watering

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Cobra
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Re: 09/21/2011 Intraday Watering

Post by Cobra »

CH37 wrote:thank you.
happy trading and good luck.
Welcome aboard! :lol:

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ultramarine
Posts: 194
Joined: Fri Aug 26, 2011 9:25 am

Re: 09/21/2011 Intraday Watering

Post by ultramarine »

Euro making new LOD now. Gotta think that stocks will follow down.
frankthetank
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Joined: Wed Aug 24, 2011 11:34 am

Re: 09/21/2011 Intraday Watering

Post by frankthetank »

What a day. Stopped out and now would have made 30% if i didn't get stopped out. market maker is out to screw us shorters
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 09/21/2011 Intraday Watering

Post by agnosia »

Rezito wrote:
bushwaffle wrote:There is no fundamental reason for this market to be bought short/intermediate term. Cobra's outlook to the 1000 area should be in play soon, very soon.
I wouldn't be surprised to see one last push up to 1220-1240 area before the fall to 1000 starts.
everybody is looking for 950-1000, so we won't get it. i think the bottom is in for the year...

i'm out guys, have a good one.
jaijailyc
Posts: 141
Joined: Sat Aug 06, 2011 5:33 pm

Re: 09/21/2011 Intraday Watering

Post by jaijailyc »

frankthetank wrote:What a day. Stopped out and now would have made 30% if i didn't get stopped out. market maker is out to screw us shorters
Same thing happened to me, stopped out of my shorts shortly after announcement with that pop to slightly over 1200. That's why it sucks trading at work with google finance charts.
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 09/21/2011 Intraday Watering

Post by johnnywa »

Hmmm Cobra says Thursday :ugeek: ;) s have been bearish
CH37
Posts: 95
Joined: Wed Sep 21, 2011 12:07 am

Re: 09/21/2011 Intraday Watering

Post by CH37 »

Cobra wrote:
CH37 wrote:thank you.
happy trading and good luck.
Welcome aboard! :lol:
Thank you ! :P

let me guess weekly 124+C and 116-P are heading to zero. YMYD
ultramarine
Posts: 194
Joined: Fri Aug 26, 2011 9:25 am

Re: 09/21/2011 Intraday Watering

Post by ultramarine »

frankthetank wrote:What a day. Stopped out and now would have made 30% if i didn't get stopped out. market maker is out to screw us shorters

I came dangerously close to getting stopped out of my position in UUPT. (3x long dollar). That huge phantom candle at 2.30 missed me by 10 cents. Definitely is ruthless out there.
silkway
Posts: 86
Joined: Thu Jun 16, 2011 4:00 pm

Re: 09/21/2011 Intraday Watering

Post by silkway »

SPX is LOD
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BullBear52x
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Re: 09/21/2011 Intraday Watering

Post by BullBear52x »

I see the toe dip down in there now :twisted: :lol: :lol: :lol: Thanks Cobra an everyone with great charts and insights GLTA
My comments are for entertainment/educational purpose only. NOT a trade advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 09/21/2011 Intraday Watering

Post by fehro »

another H&S?
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Cobra
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Re: 09/21/2011 Intraday Watering

Post by Cobra »

OK, here is the Double Top text book target.
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JustTrading
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Joined: Fri Feb 25, 2011 3:45 pm

Re: 09/21/2011 Intraday Watering

Post by JustTrading »

Cobra,

looks like transports broke the neckline? What do you think?

Thanks as usual.
ultramarine
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Joined: Fri Aug 26, 2011 9:25 am

Re: 09/21/2011 Intraday Watering

Post by ultramarine »

Cobra wrote:OK, here is the Double Top text book target.

Excellent chart, Cobra. Probably get there tomorrow or Friday. FXE just starting a bearish MACD cross on the hourly chart.
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Cobra
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Re: 09/21/2011 Intraday Watering

Post by Cobra »

volume surge, exhaustion bar plus a little too stretched, so could be a rebound of some kind here.
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Cobra
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Re: 09/21/2011 Intraday Watering

Post by Cobra »

JustTrading wrote:Cobra,

looks like transports broke the neckline? What do you think?

Thanks as usual.
my view on $TRAN is it's forming a big continuation pattern (like Diamond) therefore will continue down eventually.
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johnnywa
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Re: 09/21/2011 Intraday Watering

Post by johnnywa »

1176 big resistance break this and 1168 next
fehro
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Re: 09/21/2011 Intraday Watering

Post by fehro »

bounce off of downtrend line?
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johnnywa
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Re: 09/21/2011 Intraday Watering

Post by johnnywa »

1176 is a barrier ,Cobra can we stop this car going downhill
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Al_Dente
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Re: 09/21/2011 Intraday Watering

Post by Al_Dente »

Just to be clear here folks: don’t underestimate the sometimes-casual tone on this board; it is astonishing how many “heavyweights” are here, each trading their own niche of expertise (and some are generous enough to share a bit), some in their low-profile “gosh-y’all” costumes.
The King Cobra still the “Lord of the Belt”
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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