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10/18/2011 Intraday Watering

Re: 10/18/2011 Intraday Watering

Postby flight23 » Tue Oct 18, 2011 4:03 pm

Movement at the end of the day had nothing to do with technicals, 100% to do with false rumors.
3pm: Guardian article about 2T bailout virtually agreed upon.
3:15: Merkel aid says no comment.
3:20-25: Source says amount not nearly 2T.
3:50: Source says rumors completely false.
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Re: 10/18/2011 Intraday Watering

Postby Cobra » Tue Oct 18, 2011 4:04 pm

trader0303 wrote:
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:


thanks. :mrgreen: You'd have let me know earlier so that I can save some registering money. :mrgreen:

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Re: 10/18/2011 Intraday Watering

Postby txsky » Tue Oct 18, 2011 4:04 pm

It is amazing!
Thank you Cobra! Have a nice evening!

Cobra 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! :lol: :mrgreen: :mrgreen:
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Re: 10/18/2011 Intraday Watering

Postby CognitiveDissonance » Tue Oct 18, 2011 4:06 pm

MrMiyagi wrote:
Cobra wrote:the price holds well. if only could hold until the close, bears would be disappointed.


I don't see ANY reason today (short of fabricated news) that this price wouldn't hold.
Too bad I sold my TNA this morning but a profit is a profit.


It looks like the price spike came from fabricated news.
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Re: 10/18/2011 Intraday Watering

Postby Unique » Tue Oct 18, 2011 4:08 pm

Cobra wrote: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.


"I told ya", anything is possible these days :D

Bernanke days usually have wild swings...

Thanks Cobra, see you tomorrow.
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
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Re: 10/18/2011 Intraday Watering

Postby MrMiyagi » Tue Oct 18, 2011 4:11 pm

Bullish engulfing candlestick on SPY, as far as my not too strong candlesticking skills detect.
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Re: 10/18/2011 Intraday Watering

Postby ultramarine » Tue Oct 18, 2011 4:16 pm

I can see that bonds did not confirm this move higher. The short bond ETFs like TBT made lower highs today compared with last week. Euro also.
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Re: 10/18/2011 Intraday Watering

Postby 737controller » Tue Oct 18, 2011 4:33 pm

Hope nobody has apple .....
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Re: 10/18/2011 Intraday Watering

Postby seekingknowledge » Tue Oct 18, 2011 4:33 pm

Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
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Re: 10/18/2011 Intraday Watering

Postby newbie_77 » Tue Oct 18, 2011 4:34 pm

i guess there is first time for everything :D first miss ....
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Re: 10/18/2011 Intraday Watering

Postby Cobra » Tue Oct 18, 2011 4:35 pm

seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.


well, finally that 100% beat rate is history. :roll:

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Re: 10/18/2011 Intraday Watering

Postby txsky » Tue Oct 18, 2011 4:35 pm

OMG!

seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
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Newton's law.

Postby MrMiyagi » Tue Oct 18, 2011 4:36 pm

I surmised over and over about everyone expecting AAPL to beat earnings and there it is.
This might top the rally even with INTC and YHOO beating their estimates.
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Re: 10/18/2011 Intraday Watering

Postby seekingknowledge » Tue Oct 18, 2011 4:36 pm

Cobra wrote:
seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.


well, finally that 100% beat rate is history. :roll:


Amazing, hey?!
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Re: 10/18/2011 Intraday Watering

Postby jarbo456 » Tue Oct 18, 2011 4:39 pm

seekingknowledge wrote:
Cobra wrote:
seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.


well, finally that 100% beat rate is history. :roll:


Amazing, hey?!


my question is...who the hell knew apple was going to miss and put out the EFSF bailout rumor at 3pm to ramp this market up before dumping into the close?!?!

-_-
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Re: 10/18/2011 Intraday Watering

Postby EvilTrader » Tue Oct 18, 2011 4:39 pm

$NYMO posted negative divergence today.

If you want a reliable top signal, there you have it, with all the speculative drama. :lol:
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Re: 10/18/2011 Intraday Watering

Postby newbie_77 » Tue Oct 18, 2011 4:41 pm

but they guidance for next qtr is way above estimate...
* December quarter EPS: $9.30 vs. $8.96 expected
so they should be fine i.e market will be up tomorrow no matter what.
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Re: 10/18/2011 Intraday Watering

Postby seekingknowledge » Tue Oct 18, 2011 4:45 pm

jarbo456 wrote:
seekingknowledge wrote:
Cobra wrote:
seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.


well, finally that 100% beat rate is history. :roll:


Amazing, hey?!


my question is...who the hell knew apple was going to miss and put out the EFSF bailout rumor at 3pm to ramp this market up before dumping into the close?!?!

I couldn't agree with you more!! So glad others are thinking same thing. I have been b**ing to my husband about this! Total, total manipulation is what I told him. Three months of "in-your-face" manipulation in the market. Where the Sam-hill is the SEC??!

-_-
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Re: 10/18/2011 Intraday Watering

Postby seekingknowledge » Tue Oct 18, 2011 4:48 pm

EvilTrader wrote:$NYMO posted negative divergence today.

If you want a reliable top signal, there you have it, with all the speculative drama. :lol:


That is, indeed, a good one! Thanks, EvilTrader! :D
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Re: 10/18/2011 Intraday Watering

Postby ActiveTrader » Tue Oct 18, 2011 5:24 pm

seekingknowledge wrote:
EvilTrader wrote:$NYMO posted negative divergence today.

If you want a reliable top signal, there you have it, with all the speculative drama. :lol:


That is, indeed, a good one! Thanks, EvilTrader! :D

There is clear negative divergence building between SPX and the McClellan Oscillator. See attachment.
mcclellanocs.png
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