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12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Postby tdo722 » Mon Dec 05, 2011 3:27 pm

why is tvix has not passed Friday's high wile VIX index already did? I bought at close on Friday and still underwater. :(
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Re: 12/05/2011 Intraday Watering

Postby heavenskrow » Mon Dec 05, 2011 3:28 pm

tdo722 wrote:why is tvix has not passed Friday's high wile VIX index already did? I bought at close on Friday and still underwater. :(

decay. it sucks. but u had the chance to get out if u dont want to hold 8-)
Last edited by heavenskrow on Mon Dec 05, 2011 3:29 pm, edited 1 time in total.
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Re: 12/05/2011 Intraday Watering

Postby jarbo456 » Mon Dec 05, 2011 3:28 pm

heavenskrow wrote:
jarbo456 wrote:
Cobra wrote:this at least should be a 2 legged down, i.e. the very first rebound would fail.


well, i think we'll see if the bears have the strength this time. as we ALL know, for months now, anything that SHOULD be two legged for bears has often failed. i will not be adding to my spy shorts...that should ensure at least another leg. :D


you owe me on CL :D


?? i was long /CL from the wednesday before Thanksgiving. closed the position +32k. then i went short at 11am this morning. just didn't think it would work out as well as it has. plus 3k today already. but it just climbed back into the channel from the bottom...i'll have to watch this hourly close. need a clear close below 100.90 for me to keep the shorts overnight.

hmmm...this sounded indignant...which i'm not. thank you for the CL? :D lol
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Re: 12/05/2011 Intraday Watering

Postby fehro » Mon Dec 05, 2011 3:29 pm

could bounce here.... or fall to bottom of the blue channel
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Re: 12/05/2011 Intraday Watering

Postby Me XMan » Mon Dec 05, 2011 3:31 pm

Good move though.

Cobra wrote:
jarbo456 wrote:
Cobra wrote:this at least should be a 2 legged down, i.e. the very first rebound would fail.


well, i think we'll see if the bears have the strength this time. as we ALL know, for months now, anything that SHOULD be two legged for bears has often failed. i will not be adding to my spy shorts...that should ensure at least another leg. :D


I think we'll see the 2nd leg because I covered all my short (automatically filled short when my long got stopped out while I was having the lunch, the stop loss was a double stop loss, i.e. automatic short when the long stop loss hit). I tend to cover way way way way too early. :roll:
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Re: 12/05/2011 Intraday Watering

Postby soku » Mon Dec 05, 2011 3:31 pm

1252.5-1253.5 was a dynamic res on 15min. currently bulls are defending around.
i still expect a gap fill some time later.
need to see my eye doc. peace.
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Re: 12/05/2011 Intraday Watering

Postby tdo722 » Mon Dec 05, 2011 3:31 pm

heavenskrow wrote:
tdo722 wrote:why is tvix has not passed Friday's high wile VIX index already did? I bought at close on Friday and still underwater. :(

decay. it sucks. but u had the chance to get out if u dont want to hold 8-)


I'm underwater over $2k. :(
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Re: 12/05/2011 Intraday Watering

Postby heavenskrow » Mon Dec 05, 2011 3:32 pm

Nah just playing man, it was all you of course =]
CL definently has some strength, but we keep trying to close over this weekly resistance and failing....
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Re: 12/05/2011 Intraday Watering

Postby Buckethead » Mon Dec 05, 2011 3:33 pm

btw, I am short GLD and SLV.

Buckethead wrote:I have shorted now because people doubt the 2 leg :D

jarbo456 wrote:
Cobra wrote:this at least should be a 2 legged down, i.e. the very first rebound would fail.


well, i think we'll see if the bears have the strength this time. as we ALL know, for months now, anything that SHOULD be two legged for bears has often failed. i will not be adding to my spy shorts...that should ensure at least another leg. :D
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Re: 12/05/2011 Intraday Watering

Postby Mongoose » Mon Dec 05, 2011 3:34 pm

I wouldnt be surprised if S&P, Fitch and Moodys downgraded everybody, and the only country left standing with a AAA rating is Leichtenstein.

http://www.youtube.com/watch?v=_MTVLKLz ... ure=fvwrel
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Re: 12/05/2011 Intraday Watering

Postby jarbo456 » Mon Dec 05, 2011 3:34 pm

heavenskrow wrote:Nah just playing man, it was all you of course =]
CL definently has some strength, but we keep trying to close over this weekly resistance and failing....


ohhhh...right right, i forgot. we were discussing where the overhead resistance was. i was asking cuz it looks to be 103 on my charts. it didn't really make it, but neg d on the hourlies enticed me to cover and go short. figured i could add if it hit 103, and then cover it it really did break the double top pattern.
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Re: 12/05/2011 Intraday Watering

Postby heavenskrow » Mon Dec 05, 2011 3:35 pm

tdo722 wrote:
heavenskrow wrote:
tdo722 wrote:why is tvix has not passed Friday's high wile VIX index already did? I bought at close on Friday and still underwater. :(

decay. it sucks. but u had the chance to get out if u dont want to hold 8-)


I'm underwater over $2k. :(


did u not sell at the intraday high?? If you dont want to hold then sell at the next gap fill...and I might buy urs depending on ZB and DX. TVIX only for ballsy people.
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Re: 12/05/2011 Intraday Watering

Postby Buckethead » Mon Dec 05, 2011 3:35 pm

VXX looks good long here into Tuesday.

tdo722 wrote:why is tvix has not passed Friday's high wile VIX index already did? I bought at close on Friday and still underwater. :(
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Re: 12/05/2011 Intraday Watering

Postby Al_Dente » Mon Dec 05, 2011 3:36 pm

BullBear52x wrote:What? something is falling on me? relax man.

:lol: :lol: Internals: http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

Speaking of dickin’ around, I’ve decided “Dr Al” is way tooooooo pompous.
So I’m now “Uncle Al”, and BB52x is “Baron von Changeable” (depending on how we feel on any given day).
But after today, umpel is ‘PRINCE UEMPEL” and Jarbo is “JARBO THE WISE” and that leaves the King of course, who is still our once-and-future KING COBRA.

http://www.youtube.com/watch?v=fQHGxJqE ... re=related
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Re: 12/05/2011 Intraday Watering

Postby BullBear52x » Mon Dec 05, 2011 3:37 pm

pick your side, see the odds
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Re: 12/05/2011 Intraday Watering

Postby jarbo456 » Mon Dec 05, 2011 3:37 pm

consolidation at support (R1 pivot level - 125.96) should be good for bears. SHOULD be the operative word.
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Re: 12/05/2011 Intraday Watering

Postby tdo722 » Mon Dec 05, 2011 3:37 pm

/es at support 1252 and spy is also at current support at $125.80. All I need is another $0.15 from $125.80 to cover tvix. come on, please.
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Re: 12/05/2011 Intraday Watering

Postby heavenskrow » Mon Dec 05, 2011 3:40 pm

/ES
notice clean top from Daily resistance causing selloff. I think its more technical and the fundamental gives a "reason"
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Re: 12/05/2011 Intraday Watering

Postby Cobra » Mon Dec 05, 2011 3:40 pm

Me XMan wrote:Good move though.

Cobra wrote:
jarbo456 wrote:
Cobra wrote:this at least should be a 2 legged down, i.e. the very first rebound would fail.


well, i think we'll see if the bears have the strength this time. as we ALL know, for months now, anything that SHOULD be two legged for bears has often failed. i will not be adding to my spy shorts...that should ensure at least another leg. :D


I think we'll see the 2nd leg because I covered all my short (automatically filled short when my long got stopped out while I was having the lunch, the stop loss was a double stop loss, i.e. automatic short when the long stop loss hit). I tend to cover way way way way too early. :roll:


thanks, that would be what professionals usually do. never leave your position unattended. Expensive lunch it was, but I didn't lose much simply because of that double stop loss.

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Re: 12/05/2011 Intraday Watering

Postby HighRev » Mon Dec 05, 2011 3:41 pm

Seven 5 minute bars withOUT a close below the 50% retrace of the last move higher. Just above the 200 sma . . .

. . . could be a bear flag too. ;)
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