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12/01/2011 Intraday Watering

12/01/2011 Intraday Watering

Postby Cobra » Thu Dec 01, 2011 10:03 am

Flat open, so any gap will be filled and usually the day after a Major Accumulation day tends to be a small range day, so perhaps not much to say today.

The Global ES is clear consolidation, so another breakout on the upside is just a matter of time.
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Re: 12/01/2011 Intraday Watering

Postby Al_Dente » Thu Dec 01, 2011 10:11 am

Good Morning Boss, and all

Here’s how yesterday’s rally looked in the European ETFs
http://stockcharts.com/h-sc/ui?s=$SPX&p ... =249907215
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Re: 12/01/2011 Intraday Watering

Postby noob » Thu Dec 01, 2011 10:17 am

Morning Cobra!

Just signed up last night :D
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Re: 12/01/2011 Intraday Watering

Postby SigmaEcho » Thu Dec 01, 2011 10:20 am

Al_Dente wrote:Good Morning Boss, and all

Here’s how yesterday’s rally looked in the European ETFs
http://stockcharts.com/h-sc/ui?s=$SPX&p ... =249907215



lets fill some gaps
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Re: 12/01/2011 Intraday Watering

Postby parker » Thu Dec 01, 2011 10:26 am

Hm
it seems it needs two days to verify the card in paypal :o
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Re: 12/01/2011 Intraday Watering

Postby Cobra » Thu Dec 01, 2011 10:27 am

noob wrote:Morning Cobra!

Just signed up last night :D


Thanks. Appreciate!

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Re: 12/01/2011 Intraday Watering

Postby cougar » Thu Dec 01, 2011 10:29 am

GM!
VIX had a negated bullish butterfly. It is now under the acceleration band (blue) and just above the MA envelope (67, yellow).
TVIX might be on the way to the 138% extension support = 43.

For both : no action right now! Waiting for clarity…
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Re: 12/01/2011 Intraday Watering

Postby rpccharts » Thu Dec 01, 2011 10:29 am

ES session range estimate is 1237-1257. The market rallied well above 1208-1218 resistance on news of central bank efforts to ease credit conditions. I am moving to the bullish side of the market in anticipation of a close tomorrow above last week's high at 1209. A rally from last week's low which matches the size of the October rally would bring the ES to 1370.
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Re: 12/01/2011 Intraday Watering

Postby TWT » Thu Dec 01, 2011 10:29 am

SPX: Bears have lost their opportunity ....Now thay will have to wait until next year ....

Now I am working with 2 patterns:

1. Triangle
2. Zig Zag
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Re: 12/01/2011 Intraday Watering

Postby TWT » Thu Dec 01, 2011 10:30 am

here the ZIG ZAG option +++
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Re: 12/01/2011 Intraday Watering

Postby Cobra » Thu Dec 01, 2011 10:32 am

the open.
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Re: 12/01/2011 Intraday Watering

Postby Petsamo » Thu Dec 01, 2011 10:36 am

TWT wrote:SPX: Bears have lost their opportunity ....Now thay will have to wait until next year ....

Now I am working with 2 patterns:

1. Triangle
2. Zig Zag

You think you could take a look at Tradeyourwayout.com's assessment of the coming months/years? The YouTube version is here.
Twitter @jackwag0n
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Re: 12/01/2011 Intraday Watering

Postby viewer » Thu Dec 01, 2011 10:37 am

Cobra,

Help. I couldn't login using my desktop last night. This computer saves my status so would you please send me my password at Hutong9?

Thanks!
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Re: 12/01/2011 Intraday Watering

Postby Me XMan » Thu Dec 01, 2011 10:38 am

Let's see if I can be a dipster today. 8-)
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Re: 12/01/2011 Intraday Watering

Postby KENA » Thu Dec 01, 2011 10:48 am

Waiting to see..Right now my attitude is don't fight the FED.My trading today will be SPY but nothing big.Mkt trend is up.
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Re: 12/01/2011 Intraday Watering

Postby Me XMan » Thu Dec 01, 2011 10:50 am

Woo! Hoo! Dipster is working today...bought SPY $124.8 ealier...stop loss $124.50
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Re: 12/01/2011 Intraday Watering

Postby TWT » Thu Dec 01, 2011 10:54 am

Petsamo wrote:
TWT wrote:SPX: Bears have lost their opportunity ....Now thay will have to wait until next year ....

Now I am working with 2 patterns:

1. Triangle
2. Zig Zag

You think you could take a look at Tradeyourwayout.com's assessment of the coming months/years? The YouTube version is here.



I think that the bearish ideas will have to be postponed until January .......
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Re: 12/01/2011 Intraday Watering

Postby Mongoose » Thu Dec 01, 2011 10:55 am

yesterdays Comments from EU Commissioner for Economic and Financial Affairs -- (10 days and counting for EU to resolve or dissolve) One of the wisest comments I have heard is from Commissioner Rehn who said in a different speech, either the Euro takes care of the crisis, or the market will do it for them.
http://www.youtube.com/watch?v=xRHIiLrDHpE

I would place trades along the risk curve in conjunction with the calendar and the Cobra Evil Plan.

Game Theory would suggest the Euro has no upside for not resolving the Euro Crisis issue, however, just because the EU finance ministers must resolve it, doesnt automatically mean they will.
Living in Europe I understand full well the markets frustration in hearing all the lip service and very little action.
Next week" is a common phrase in everyday language -- almost as common as "investing for the long term".

I am hoping for the best, and preparing for the worst.

Good luck trading today.

By the way, watch the ISM number today. It may surprise to the upside.
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Re: 12/01/2011 Intraday Watering

Postby Cobra » Thu Dec 01, 2011 10:55 am

viewer wrote:Cobra,

Help. I couldn't login using my desktop last night. This computer saves my status so would you please send me my password at Hutong9?

Thanks!


I cannot, I don't have your password. I can only reset your password. what's your ID at Hutong9?

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Re: 12/01/2011 Intraday Watering

Postby Cobra » Thu Dec 01, 2011 10:56 am

viewer wrote:Cobra,

Help. I couldn't login using my desktop last night. This computer saves my status so would you please send me my password at Hutong9?

Thanks!


send me a email to cobra@cobrasmarketview.com, I need tell you the new password in case you do want me to reset your password.

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