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01/04/2012 Intraday Watering

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Al_Dente
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Re: 01/04/2012 Intraday Watering

Post by Al_Dente »

BullTart wrote:Still watching the Iran and Oil setup here... ZH posted a Reuters report that the EU has agreed on an embargo of Iranian oil in principle.
BS Alert: Iranian Oil - BS 4
As a nominated BS (Black Swan) monitor, I am giving this a BS level of 4.
BS level goes from 5 to 1, with 1 meaning that BS event is just about to happen.
Good job swanie
Except u know how easy it is to be misunderstood on this board
If we’re unfocused, we’ll think BS is “bull stuff” instead of black swan
If only you could animate yr avatar so that yr swan flaps its wings :lol: :lol:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 01/04/2012 Intraday Watering

Post by Al_Dente »

uempel wrote:
Thanks and Happy New Year!
I MISSED YOU
HAPPY NEW YEAR
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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KENA
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Re: 01/04/2012 Intraday Watering

Post by KENA »

alvian33 wrote:
KENA wrote:
alvian33 wrote:Cobra, what do you think of Gold? Do you think it's a short, will it retest the lows? or better to stay away for now? thanks
In addition to Cobras quote..Look at the GLD chart from last April..You will see it had a sideways move then big leg up then Sept big dn leg .Then developed a H & S and now broke dn.( this chart has a lot of education in it) It has support at 143 but could have more dn side. But who knows..Wait and see.
well if I always wait and see, I will never trade, :D I need to trade based on what I expect and then see, otherwise, it's not trading :lol:
True.
fehro
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Re: 01/04/2012 Intraday Watering

Post by fehro »

just a tad lower?
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SB73
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Re: 01/04/2012 Intraday Watering

Post by SB73 »

fehro wrote:just a tad lower?
Trendline also correlates with a 61.8% fib retrace
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Al_Dente
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Re: 01/04/2012 Intraday Watering

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
gabor
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Re: 01/04/2012 Intraday Watering

Post by gabor »

alvian33 wrote: well if I always wait and see, I will never trade, :D I need to trade based on what I expect and then see, otherwise, it's not trading :lol:
No rush, it is probably better if you never trade. :lol:
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Petsamo
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Re: 01/04/2012 Intraday Watering

Post by Petsamo »

IYR (real estate) & XRT (retail) are beat up, if you guys wanna go long on something.
Twitter @jackwag0n
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jarbo456
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Re: 01/04/2012 Intraday Watering

Post by jarbo456 »

hmmm...guess i should've covered shorts on Cobra's 1st target being met.

have a stop if/when /DX breaches 80.50.
gabor
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Re: 01/04/2012 Intraday Watering

Post by gabor »

Cobra, do you suspect an intraday reversal? The timing would be about OK.
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99er
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Re: 01/04/2012 Intraday Watering

Post by 99er »

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Cobra
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Re: 01/04/2012 Intraday Watering

Post by Cobra »

Normally, there should be a 2nd leg down, but I won't short this L1 (if indeed, not yet now) on EMA20. I'd wait at least L2.
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dumamay
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Re: 01/04/2012 Intraday Watering

Post by dumamay »

Cobra wrote:Normally, there should be a 2nd leg down, but I won't short this L1 (if indeed, not yet now) on EMA20. I'd wait at least L2.
Cobra I cannot find your explanation of L1 L2 etc. Where do I find it??
lqiantobe
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Re: 01/04/2012 Intraday Watering

Post by lqiantobe »

Cobra wrote:Normally, there should be a 2nd leg down, but I won't short this L1 (if indeed, not yet now) on EMA20. I'd wait at least L2.

second leg is coming
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99er
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Re: 01/04/2012 Intraday Watering

Post by 99er »

Honey...what's for lunch?

SPX http://99ercharts.blogspot.com/2012/01/spx_9374.html

Red sauce.
happychen
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Re: 01/04/2012 Intraday Watering

Post by happychen »

why my sma(20) position on spy 5min chart is slightly different from yours? I am using IB
mine is at the middle of last red bar on your chart
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jarbo456
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Re: 01/04/2012 Intraday Watering

Post by jarbo456 »

lqiantobe wrote:
Cobra wrote:Normally, there should be a 2nd leg down, but I won't short this L1 (if indeed, not yet now) on EMA20. I'd wait at least L2.

second leg is coming
looking like second leg up here. -_-
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