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10/18/2011 Intraday Watering

Re: 10/18/2011 Intraday Watering

Postby seekingknowledge » Tue Oct 18, 2011 3:51 pm

seekingknowledge wrote:
MrMiyagi wrote:
seekingknowledge wrote:
MrMiyagi wrote:Guardian (UK) says 2 trillion Euro bailout but someone mentioned CNBC saying it is a bullshit article.
http://www.guardian.co.uk/business/2011/oct/18/france-and-germany-move-towards-2tn-euro-fund


Not B.S. article, but the $ amount originally reported was not what seems to be. That's why the quick sell-down.


OK, I can't find the CNBC reference online.
What is the actual amount and is it a done deal?


Dang. They just talked about it again (on TV; not online). They again said the $ amount is not bullish as Guardian article stated. Our phone rang and I didn't catch the exact amount. I'll get back to listening, but Maria Bartiromo stopped speaking and they moved to someone else. I truly wouldn't give you all this news unless I heard it myself. I do need to get you the $ amount difference.



Here is an article, guys, that discusses the program.

http://www.cnbc.com/id/44944030
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Re: 10/18/2011 Intraday Watering

Postby Cobra » Tue Oct 18, 2011 3:53 pm

let's see how market close. any "opportunity bears" being forced to cover.
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Re: 10/18/2011 Intraday Watering

Postby Petsamo » Tue Oct 18, 2011 3:53 pm

Question for tomorrow: If we gap up like I suspect, do we press the sell button at the opening bell? Image
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Re: 10/18/2011 Intraday Watering

Postby SB73 » Tue Oct 18, 2011 3:55 pm

Petsamo wrote:Question for tomorrow: If we gap up like I suspect, do we press the sell button at the opening bell? Image


Would seem to me that a higher high is all but guaranteed at this point.
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Re: 10/18/2011 Intraday Watering

Postby Cobra » Tue Oct 18, 2011 3:55 pm

guys, I clearly said before the price surge: the 1st up leg since the Oct 4 wasn't over yet, right? That made my day! :lol: :mrgreen: :mrgreen:

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Re: 10/18/2011 Intraday Watering

Postby ultramarine » Tue Oct 18, 2011 3:55 pm

Petsamo wrote:Question for tomorrow: If we gap up like I suspect, do we press the sell button at the opening bell? Image


I would be very tempted to do just that. I just hope there is a gap up still left to short.
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Re: 10/18/2011 Intraday Watering

Postby GreedyKojiro » Tue Oct 18, 2011 3:56 pm

Cobra wrote:now all you need to remember is cobrav, instead of long name.

also, cobramarketview.com = cobrasmarketview.com = cobrav.com, hopefully these eliminate some typing errors.



Thanks! You always make our lives easier!
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Re: 10/18/2011 Intraday Watering

Postby Cobra » Tue Oct 18, 2011 3:56 pm

SB73 wrote:
Petsamo wrote:Question for tomorrow: If we gap up like I suspect, do we press the sell button at the opening bell? Image


Would seem to me that a higher high is all but guaranteed at this point.


yes, more up ahead!

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Re: 10/18/2011 Intraday Watering

Postby ActiveTrader » Tue Oct 18, 2011 3:57 pm

Cobra wrote:no valid breakout, just a spike. let's wait for the dust to clear up.


If you look at the Bollinger Bands historically, a close outside of bands for 1-3 days has often led to a short-term trend reversal. The bulls should want a short-term pullback not a surge from here.
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Re: 10/18/2011 Intraday Watering

Postby Cobra » Tue Oct 18, 2011 3:57 pm

hmm, indeed the close is interesting, instead of bears giving up, it's bulls. :o
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Re: 10/18/2011 Intraday Watering

Postby janez » Tue Oct 18, 2011 3:58 pm

never say never.
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Re: 10/18/2011 Intraday Watering

Postby SB73 » Tue Oct 18, 2011 3:59 pm

Cobra wrote:hmm, indeed the close is interesting, instead of bears giving up, it's bulls. :o


watch the kick save into close
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Re: 10/18/2011 Intraday Watering

Postby Cobra » Tue Oct 18, 2011 3:59 pm

well, guess that's if for today. life is full of surprise, there's nothing guaranteed in the stock market. I need dig more tonight. thank you guys, I'll see you tomorrow.
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Re: 10/18/2011 Intraday Watering

Postby trader0303 » Tue Oct 18, 2011 4:00 pm

Cobra wrote:now all you need to remember is cobrav, instead of long name.

also, cobramarketview.com = cobrasmarketview.com = cobrav.com, hopefully these eliminate some typing errors.


Cobra, you know we all have you as our home page anyways :lol:
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Re: 10/18/2011 Intraday Watering

Postby flight23 » Tue Oct 18, 2011 4:00 pm

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Re: 10/18/2011 Intraday Watering

Postby STC » Tue Oct 18, 2011 4:01 pm

<guys, I clearly said before the price surge: the 1st up leg since the Oct 4 wasn't over yet, right? That made my day!>
Is the first leg up over now with today push?
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Re: 10/18/2011 Intraday Watering

Postby Mr. BachNut » Tue Oct 18, 2011 4:02 pm

Psychotic trading day. :shock:
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Re: 10/18/2011 Intraday Watering

Postby seekingknowledge » Tue Oct 18, 2011 4:02 pm



Exactly! As I was reporting from CNBC, the $ amount was incorrect. They're still talking about it now. They're saying that the $2T reported is "totally incorrect".
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Re: 10/18/2011 Intraday Watering

Postby Cobra » Tue Oct 18, 2011 4:02 pm

STC wrote:<guys, I clearly said before the price surge: the 1st up leg since the Oct 4 wasn't over yet, right? That made my day!>
Is the first leg up over now with today push?


No.

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Re: 10/18/2011 Intraday Watering

Postby Roadrunner » Tue Oct 18, 2011 4:03 pm

Petsamo wrote:
bubba22 wrote:Was there a Phantom Bar yesterday, I am showing one on TD ameritrade for SPY up to the 122.60 area

It isn't present on ScottradeELITE. Martketwatch.com has a phantom bar, but it isn't in the same location.


close enough EOD ;)
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