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10/10/2011 Intraday Watering

10/10/2011 Intraday Watering

Postby Cobra » Mon Oct 10, 2011 9:03 am

Gap up at Friday's high, so not sure whether the gap will be filled. One thing is certain, if the gap get's filled again and today close open > close, we'd have 2 reversal bars in a row, that's no good news for bulls. So bulls MUST march high today! :evil:

Hard to call Global ES, because it could be seen as back test of the previous high therefore some chances of reversal, but it also could be a consolidation before breakout. So either way, we'll have to wait and see.

Generally, since today's a holiday, the volume is thin, so no big fund would sell on such a thin volume day, therefore it's rare for a holiday to be a big red day if not green.

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Re: 10/10/2011 Intraday Watering

Postby AK84 » Mon Oct 10, 2011 9:06 am

Morning Cobra!! Nice new site :)

Hope u had a nice weekend!
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Re: 10/10/2011 Intraday Watering

Postby ramram » Mon Oct 10, 2011 9:12 am

We could have a Descending Triangle reversal pattern? The open will tell us alot.
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Re: 10/10/2011 Intraday Watering

Postby cougar » Mon Oct 10, 2011 9:12 am

Good morning Cobra and all other snakes!
On the “SPX Geometry Chart”, 1180.6 is the next but very close target.
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Re: 10/10/2011 Intraday Watering

Postby Al_Dente » Mon Oct 10, 2011 9:14 am

COBRA: GREAT FANCY NEW SITE, CONGRATULATIONS, IT IS BEAUTIFUL
Even has that “new car” smell.
Love your “You don’t get rich if you don’t do your own due diligence.” Still exploring more.
HAPPY THANKSGIVING DAY COBRA
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Re: 10/10/2011 Intraday Watering

Postby cougar » Mon Oct 10, 2011 9:16 am

SPY ~119 is definitely in sight.
So...that's the zone I shall watch...
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Re: 10/10/2011 Intraday Watering

Postby wayne0708 » Mon Oct 10, 2011 9:20 am

gm Cobra:
Congratz with your new website and best of luck to you.
btw. if two reversal bars is the case by close, will it be a good set up for shorts, or you will wait for more confirmation? for some reason I am quite scared of earnings lol :)
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Re: 10/10/2011 Intraday Watering

Postby uempel » Mon Oct 10, 2011 9:21 am

Al_Dente wrote:COBRA: GREAT FANCY NEW SITE, CONGRATULATIONS, IT IS BEAUTIFUL
Even has that “new car” smell.
Love your “You don’t get rich if you don’t do your own due diligence.” Still exploring more.
HAPPY THANKSGIVING DAY COBRA


Leather upholstery :D
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Re: 10/10/2011 Intraday Watering

Postby AK84 » Mon Oct 10, 2011 9:25 am

anyone got any thoughts on nflx ? initially looked like a bear flag at the close on friday but now up $11 pre market once the company said they are not splitting the dvd and streaming business?

Just wondering if anyone is going to trade this thing ....
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Re: 10/10/2011 Intraday Watering

Postby 99er » Mon Oct 10, 2011 9:27 am

Good Morning.

So honey...it's a holiday today.
EURUSD http://99ercharts.blogspot.com/2011/10/eurusd_10.html

What should we do?
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Re: 10/10/2011 Intraday Watering

Postby 99er » Mon Oct 10, 2011 9:28 am

Did you say something "frisky"?
AUDJPY http://99ercharts.blogspot.com/2011/10/audjpy_10.html

No. "Risky."
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Re: 10/10/2011 Intraday Watering

Postby uempel » Mon Oct 10, 2011 9:28 am

Should bullish opening not (not!) fail I'll be watching 1178 and 1192 (1192 presumably not today...). I'm not longing this bounce, only shorting/scalping resistance (I'll only change this concept if 1192 (DMA 55) and expecially 1210 (DMA 377) are busted.
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Re: 10/10/2011 Intraday Watering

Postby 99er » Mon Oct 10, 2011 9:29 am

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Re: 10/10/2011 Intraday Watering

Postby jarbo456 » Mon Oct 10, 2011 9:31 am

good morning everyone...great new site cobra!
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Re: 10/10/2011 Intraday Watering

Postby Cobra » Mon Oct 10, 2011 9:31 am

the open. way too stretched, so at least a consolidation here.
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Re: 10/10/2011 Intraday Watering

Postby Al_Dente » Mon Oct 10, 2011 9:33 am

PAGING JARBO:
Posting opening chart 4 u. If u have time please watch open and thereafter. I stripped everything else out except $NYADV/$NYDEC candles and SPY ohlc bars. U should be able to refresh and watch A/D sticks move minute by minute (can u?)
When I say that adv/dec “resets” on open and doesn’t “carry over” from yesterday, watch and see… that is exactly what I mean.
As stocks open, the computers “grab” each quote, computer ignores stocks-halted-pending news etc., computer ignores quotes that are unchanged, computer feeds us nyad/nydec data ONLY on stocks that tick up or down. PURE INTRADAY RAW DATA as it describes the mkt to us tick by tick… watch SPY try 2 mirror the green nyadv…
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245294328
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Re: 10/10/2011 Intraday Watering

Postby Cobra » Mon Oct 10, 2011 9:33 am

wayne0708 wrote:gm Cobra:
Congratz with your new website and best of luck to you.
btw. if two reversal bars is the case by close, will it be a good set up for shorts, or you will wait for more confirmation? for some reason I am quite scared of earnings lol :)


2 reversal bars are good enough for short. just no harm to wait for a confirmation because nothing is guaranteed. :roll:

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Re: 10/10/2011 Intraday Watering

Postby Cobra » Mon Oct 10, 2011 9:34 am

Al_Dente wrote:COBRA: GREAT FANCY NEW SITE, CONGRATULATIONS, IT IS BEAUTIFUL
Even has that “new car” smell.
Love your “You don’t get rich if you don’t do your own due diligence.” Still exploring more.
HAPPY THANKSGIVING DAY COBRA


thanks. someone does read "Getting Started", that makes my very happy. :lol:

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Re: 10/10/2011 Intraday Watering

Postby bullbear52 » Mon Oct 10, 2011 9:36 am

GM,
O' Oh, French and German are agreeing on something?
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Re: 10/10/2011 Intraday Watering

Postby Petsamo » Mon Oct 10, 2011 9:38 am

SPY 50 day SMA is near at 118
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