Back to www.cobrasmarketview.com

11/01/2011 Intraday Watering

User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/01/2011 Intraday Watering

Post by Cobra »

should be a successful H4 long. My call was too late because I need time to download chart and put comment but if you know the rule, it's a good H4 long.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
dr659
Posts: 319
Joined: Thu Feb 17, 2011 4:53 pm

Re: 11/01/2011 Intraday Watering

Post by dr659 »

come on 4:00 Need a drink , Head is spinning ,WTF
JustTrading
Posts: 39
Joined: Fri Feb 25, 2011 3:45 pm

Re: 11/01/2011 Intraday Watering

Post by JustTrading »

Hi Cobra,

Now that we have another huge down day....what is your thougth about tomorrow? Your comment from last night suggests caution....but would like to hear what you think about tomorrow. Thanks much!!

Cobra's the BESTest!
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 11/01/2011 Intraday Watering

Post by Me XMan »

Below 1223 is death sentence and on the way to 1180 IMO...
KENA wrote:One thing to remember the 1220 area has lots of support and the mkt had a hard time staying below this area..So a close above 1220 which is very likely will favor the bulls and limit any dn gap in the morning.Of course then there is Greece.
User avatar
Petsamo
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 11/01/2011 Intraday Watering

Post by Petsamo »

StrikePrice wrote:The market has me a little confused. Need to stick with the short-tem trend being down unless we can close above 1234. In cash again for me.
I don't think this downleg is over.
Twitter @jackwag0n
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 11/01/2011 Intraday Watering

Post by Me XMan »

Looking like ENGULFING BEAR STICK for the day? :D
Cobra wrote:should be a successful H4 long. My call was too late because I need time to download chart and put comment but if you know the rule, it's a good H4 long.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/01/2011 Intraday Watering

Post by Cobra »

1-2-3 breakdown, target. bad close.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
flight23
Posts: 26
Joined: Tue Sep 27, 2011 3:03 pm

Re: 11/01/2011 Intraday Watering

Post by flight23 »

Zerohedge reporting the referendum is still on contrary to prior rumors.... market tanked as a result.
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 11/01/2011 Intraday Watering

Post by Me XMan »

OMG! HAHAHAHAHHAA!!! Love the look of CNBC pumpers... :lol: :lol: :lol:
flight23 wrote:Zerohedge reporting the referendum is still on contrary to prior rumors.... market tanked as a result.
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 11/01/2011 Intraday Watering

Post by KENA »

So much for the 1220 area.Now lets see
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/01/2011 Intraday Watering

Post by Cobra »

JustTrading wrote:Hi Cobra,

Now that we have another huge down day....what is your thougth about tomorrow? Your comment from last night suggests caution....but would like to hear what you think about tomorrow. Thanks much!!

Cobra's the BESTest!
no good in the next 1 to 2 weeks. but you know statistics varies a lot, I just saw some statistics arguing for a very bright bull future, so I need recheck my statistics.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 11/01/2011 Intraday Watering

Post by jarbo456 »

guess i might get my LOD at the end of the day. covering 3/4's of my position at the test of 121.52.
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 11/01/2011 Intraday Watering

Post by Me XMan »

Bye bye SPX 1223...1180 next.
StrikePrice
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 11/01/2011 Intraday Watering

Post by StrikePrice »

Petsamo wrote:
StrikePrice wrote:The market has me a little confused. Need to stick with the short-tem trend being down unless we can close above 1234. In cash again for me.
I don't think this downleg is over.
Yes, but we could also be in Wave 3 of 5 down and a lower low could be a nice long for aggressive traders. Wave 1 was only 1293 to 1277 so Wave 5 could be equally as short. Or could go to 1187, so depends how lucky you feel.
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 11/01/2011 Intraday Watering

Post by KENA »

Hedged my longs with SPY puts..Now I can sleep better.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/01/2011 Intraday Watering

Post by Cobra »

well, guess that's it for today, not a bad close actually, I'll explain later. thank you guys, I'll see you tomorrow.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
richer
Posts: 22
Joined: Wed Feb 16, 2011 10:49 am

Re: 11/01/2011 Intraday Watering

Post by richer »

Cobra,

I did not see your seasonal stats on November from last night report. Do you have a plan to report tonight. it is very good information. Thanks.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/01/2011 Intraday Watering

Post by Cobra »

richer wrote:Cobra,

I did not see your seasonal stats on November from last night report. Do you have a plan to report tonight. it is very good information. Thanks.
I don't report seasonality anymore. you can now check under "Studies" menu.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Petsamo
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 11/01/2011 Intraday Watering

Post by Petsamo »

2.14 million last sell on IWM. Someone agrees with me that we gap down tomorrow.
Twitter @jackwag0n
stucap
Posts: 994
Joined: Thu Jul 14, 2011 12:25 pm

Re: 11/01/2011 Intraday Watering

Post by stucap »

Petsamo wrote:2.14 million last sell on IWM. Someone agrees with me that we gap down tomorrow.
Uh, apparently the ES crew thinks different.

4pm: 1214.25
Current: 1220.75

+0.45%

Not a shocker considering the ping-pong action today
Post Reply