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10/26/2011 Intraday Watering

agnosia
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Re: 10/26/2011 Intraday Watering

Post by agnosia »

ricster3 wrote:
Cobra wrote:breakout target.
Why do the targets always fulfill on the upside and never on the downside? Seems like TA is crap on the downside and works like a charm on bullish patterns.
guys i don't understand... u know exactly the situation and it's obviously in the bulls court for all the arguments you make so why are you betting against what you know?

block out the noise.
pablorynx
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Re: 10/26/2011 Intraday Watering

Post by pablorynx »

Did that 119 pbar disappear for anyone?
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Cobra
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Re: 10/26/2011 Intraday Watering

Post by Cobra »

Mr. BachNut wrote:TED spread just keeps on rising.
who cares, they just want you to buy buy buy buy.

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BullBear52x
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Re: 10/26/2011 Intraday Watering

Post by BullBear52x »

jarbo456 wrote:unbelievable. all the bulls need is a lie to break the bearish technicals. then the chart has nowhere to go but up. -_- i will ONLY buy this market from now on. holding onto trapped shorts for days and weeks on end is just a waste of my capital allocation. NEVER going to swing short again.
That's what market wants, be optimistic like any human being should be :lol: :lol: :lol:
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Apple
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Re: 10/26/2011 Intraday Watering

Post by Apple »

Looks like another buy for TVIX at less than $50. Anybody think otherwise?
SB73
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Re: 10/26/2011 Intraday Watering

Post by SB73 »

BullBear52x wrote:Another broken heart day for bears, oy
That is why I wrote earlier that it is harder to make money as a bear...must take profits when they are available. Even though I took too early I am not stuck riding this crap the wrong way.
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Cobra
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Re: 10/26/2011 Intraday Watering

Post by Cobra »

SB73 wrote:ok Cobra...I know one of your rules...major distribution followed by major accumulation leads to major distribution tomorrow...is that correct?
today is not MAD, sorry.

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Cobra
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Re: 10/26/2011 Intraday Watering

Post by Cobra »

GreedyKojiro wrote:I love you bulls!!! Bought a whole bunch of TNA from yesterday (if you remember my post ;) ) then bought more to average down at 11am... then bought more at 1:30pm.. now i'm getting papers :twisted:


Image


As I always said COBRA gives the guide. Execution is up to one's action.

...so tomorrow we could see lower low to complete the 1st leg down then a rebound of some kind...

I take the lower low = lower of yesterday low.. :twisted:
you got it right lower low = lower than yesterday's low. I've explained the term many times.

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ricster3
Posts: 63
Joined: Fri Oct 14, 2011 11:38 am

Re: 10/26/2011 Intraday Watering

Post by ricster3 »

agnosia wrote:
ricster3 wrote:
Cobra wrote:breakout target.
Why do the targets always fulfill on the upside and never on the downside? Seems like TA is crap on the downside and works like a charm on bullish patterns.
guys i don't understand... u know exactly the situation and it's obviously in the bulls court for all the arguments you make so why are you betting against what you know?

block out the noise.
What? Explain to me what's bullish about this situation.
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Richarab
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Re: 10/26/2011 Intraday Watering

Post by Richarab »

Apple wrote:Looks like another buy for TVIX at less than $50. Anybody think otherwise?
i have been loading at this level for some time. its a nice price point. but this euro news is dangerous.
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Unique
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Re: 10/26/2011 Intraday Watering

Post by Unique »

Lots of emotional people here.

Even Cobra was emotional when he busted out the 1 min chart.

Cobra you said it yourself, chart pattern> indicators (divergence in your case, set emotions aside bro)

The trend is your friend.

Trade supply vs demand, don't rely on emotions. Anything is possible.

Anyways, good luck and see you guys in a few weeks.
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
SB73
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Re: 10/26/2011 Intraday Watering

Post by SB73 »

CognitiveDissonance wrote:
SB73 wrote:ok Cobra...I know one of your rules...major distribution followed by major accumulation leads to major distribution tomorrow...is that correct?
Somebody tell me tomorrow is going to be better for the bears. please...
Cobra, just in case you missed my question...you know you have an extremely active board.
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Petsamo
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Re: 10/26/2011 Intraday Watering

Post by Petsamo »

oldpigwang wrote:Tomorrow GDP number will be 3, beat 2.xx
GDP is expected to be at 2.5
Seems high to me. Have we gone above 2.0 under Barry?
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GreedyKojiro
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Re: 10/26/2011 Intraday Watering

Post by GreedyKojiro »

Cobra wrote:
GreedyKojiro wrote:I love you bulls!!! Bought a whole bunch of TNA from yesterday (if you remember my post ;) ) then bought more to average down at 11am... then bought more at 1:30pm.. now i'm getting papers :twisted:


Image


As I always said COBRA gives the guide. Execution is up to one's action.

...so tomorrow we could see lower low to complete the 1st leg down then a rebound of some kind...

I take the lower low = lower of yesterday low.. :twisted:
you got it right lower low = lower than yesterday's low. I've explained the term many times.
Thanks Master COBRA!
uempel
Posts: 8685
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Re: 10/26/2011 Intraday Watering

Post by uempel »

Cobra, looking at short term, not intraday/daily, I don't see much downside in the charts unless 1220/1200 fails. But reading your comments I sense a slightly bearish bias - how come if I may ask?
SPXweek.png
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Cobra
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Re: 10/26/2011 Intraday Watering

Post by Cobra »

a head fake, could be finally the 3 push up. excellent plan to make every bears here to give up including damn Cobra who supposes to be a snake only.
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StrikePrice
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Re: 10/26/2011 Intraday Watering

Post by StrikePrice »

Primary Count right on Schedule.

Loaded up the train.
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noob
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Re: 10/26/2011 Intraday Watering

Post by noob »

"Rebound could fail any time", no higher high, evil plan working?
uempel
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Re: 10/26/2011 Intraday Watering

Post by uempel »

ricster3 wrote:
agnosia wrote:
ricster3 wrote:
Cobra wrote:breakout target.
Why do the targets always fulfill on the upside and never on the downside? Seems like TA is crap on the downside and works like a charm on bullish patterns.
guys i don't understand... u know exactly the situation and it's obviously in the bulls court for all the arguments you make so why are you betting against what you know?

block out the noise.
What? Explain to me what's bullish about this situation.
Agnosia, agreed.
Dow Trader
Posts: 733
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Re: 10/26/2011 Intraday Watering

Post by Dow Trader »

For who still short this market, this is one of old school traders rules regarding paper loss:
IF YOU POSITION IS CORRECT, MARKET SHOULD NOT GO AGAINST IT BY TIME AND PRICE TOGETHER.

for me, as I posted before, I will not be in the bear camp ( which means buying the dips with tight stop ) until ES prints 1092 before 1264 8-)
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