Back to www.cobrasmarketview.com

12/13/2011 Intraday Watering

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

12/13/2011 Intraday Watering

Post by Cobra »

Small gap up within yesterday's range plus most gaps the day after a Major Distribution Day got filled (Well, I know this gap fill thing failed 3 times in a row recently), so chances are the gap will be filled.

FOMC announcement at 2:15pm ET. I don't expect much rollor coaster show this time. What can FED say? Economy is not bad but have risk, we'll do whatever we can (to print money and give them to our bank buddies so that they can have huge year end bonus and you must work hard and borrow money from them and most importantly pay interest to them and only in this way the economy could go better and better, you must borrow, understood? Because nowadays the economy is based on debt, you have to borrow more debt to get you out of the debt, understood?)

The Global ES is testing the resistance so we'll have to wait and see, kind of key time now.
1.png
Euro is testing the previous low so again key time.
2.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.
noob
Posts: 532
Joined: Mon Oct 17, 2011 2:54 pm

Re: 12/13/2011 Intraday Watering

Post by noob »

Morning laoda, I've noticed the Russell is surprisingly strong lately.
gabor
Posts: 298
Joined: Mon May 09, 2011 6:16 am

Re: 12/13/2011 Intraday Watering

Post by gabor »

Hi Cobra, is there a "members only" area on your website at the moment?
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/13/2011 Intraday Watering

Post by Cobra »

noob wrote:Morning laoda, I've noticed the Russell is surprisingly strong lately.
This time of the year, Russell 2000 is always strong, that's right.

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
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 12/13/2011 Intraday Watering

Post by 99er »

Good Morning.

Gee honey. What's this about the UK?

http://99ercharts.blogspot.com/2011/12/merkozy.html

They're pissed.
gabor
Posts: 298
Joined: Mon May 09, 2011 6:16 am

Re: 12/13/2011 Intraday Watering

Post by gabor »

BTW, why do we need loan at all? Just to keep the banks alive? :-)
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/13/2011 Intraday Watering

Post by Cobra »

gabor wrote:Hi Cobra, is there a "members only" area on your website at the moment?
No, you'll see the test page once I posted, I'll name it as "test". Now I still have some guys who paid but didn't register (really nice to me :lol: ) so I need help them to register first. They'll know they need register anyway once the test page comes out and they find out that they cannot see them.

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
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 12/13/2011 Intraday Watering

Post by 99er »

So is Europe still a good place to visit?

EURUSD http://99ercharts.blogspot.com/2011/12/eurusd_13.html

Getting better all the time.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/13/2011 Intraday Watering

Post by Cobra »

gabor wrote:BTW, why do we need loan at all? Just to keep the banks alive? :-)
that's how fed works, keep interest low so to encourage borrowing. You have to "borrow" out of recession.

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
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 12/13/2011 Intraday Watering

Post by 99er »

So how about breakfast?

ES http://99ercharts.blogspot.com/2011/12/es_13.html

Here's some toast.
gabor
Posts: 298
Joined: Mon May 09, 2011 6:16 am

Re: 12/13/2011 Intraday Watering

Post by gabor »

Cobra wrote:
gabor wrote:BTW, why do we need loan at all? Just to keep the banks alive? :-)
that's how fed works, keep interest low so to encourage to borrow. You have to "borrow" out of recession.
US is not even in a recession, officially.
User avatar
CognitiveDissonance
Posts: 430
Joined: Mon Aug 29, 2011 9:24 am

Re: 12/13/2011 Intraday Watering

Post by CognitiveDissonance »

GM
My indicators on daily chart.
Attachments
Screen shot 2011-12-13 at 9.10.56 AM.png
@cognitivebias1
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 12/13/2011 Intraday Watering

Post by BullBear52x »

GM, /ES is crappy, weaker than I thought waiting for first Neg D. will sell into, if not roll down it's sideways at best. guessing!
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/13/2011 Intraday Watering

Post by Cobra »

the open.
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.
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 12/13/2011 Intraday Watering

Post by jarbo456 »

Cobra wrote:Small gap up within yesterday's range plus most gaps the day after a Major Distribution Day got filled (Well, I know this gap fill thing failed 3 times in a row recently), so chances are the gap will be filled.

FOMC announcement at 2:15pm ET. I don't expect much rollor coaster show this time. What can FED say? Economy is not bad but have risk, we'll do whatever we can (to print money and give them to our bank buddies so that they can have huge year end bonus and you must work hard and borrow money from them and most importantly pay interest to them and only in this way the economy could go better and better, you must borrow, understood? Because nowadays the economy is based on debt, you have to borrow more debt to get you out of the debt, understood?)

The Global ES is testing the resistance so we'll have to wait and see, kind of key time now.
1.png
Euro is testing the previous low so again key time.
2.png
filling small opening gaps isn't a forte of the markets these days. -_-

things are looking really similar to last friday.
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 12/13/2011 Intraday Watering

Post by jarbo456 »

the VIX is scarily weak. gapped under the 200 daily SMA.
jaijailyc
Posts: 141
Joined: Sat Aug 06, 2011 5:33 pm

Re: 12/13/2011 Intraday Watering

Post by jaijailyc »

Sold the $TNA from yesterday here from 43.20 to 45.75. Wait and see, what happens here.. will buy the dip.
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 12/13/2011 Intraday Watering

Post by Me XMan »

Sold long and went short $125.18.
User avatar
heavenskrow
Posts: 1030
Joined: Tue Aug 16, 2011 11:17 am
Contact:

Re: 12/13/2011 Intraday Watering

Post by heavenskrow »

thank you god. i love you forever.
knock on wood.

bonds are looking very weak....
User avatar
heavenskrow
Posts: 1030
Joined: Tue Aug 16, 2011 11:17 am
Contact:

Re: 12/13/2011 Intraday Watering

Post by heavenskrow »

wow did we really just break out of that channel.
Attachments
Untitled.jpg
Post Reply