01/11/2012 Intraday Watering

[BullBear52x]

BB52x,

Does this look like a bear flag?

My opinion: NO because I use 200ma 1min. chart to gauge my flag. this is why people confuse when the flag end or invalid you have to use something to measure it, let it be 20ma in 5min or 5ma in daily chart. if you use nothing than it is just a zig zag the low and high of it weight most like HH/LH or HL/LL for that maters.

Cool thank you much!

Cheers.

P.S. I love that song from Al_Dente just linked. haha..

See this? no flag to me but someone may still thinking that it is and it's broken down and re test? I will wait for the new set up to call it anything else.

[MrMiyagi]

A FUNDEMENTAL VIEW...
The market does look like its building up for another surge either tomorrow or friday BUT.
I have a problem with the Euro not responding and the Bonds so high today.

TLT/TBT also going opposite to market. TVIX holding steady....ish

[99er]

Tabby, Woodcock, TraderGirl, quientuves

Thank you for your support but Cobra's board shouldn't have kudos...just charts and substantive commentary.

Tossers should be banned.

[BullBear52x]

Stockcharts.com is down? I can not get to my chart book. please anyone have any problem?

[HappyFriday]

Who think BAC will pass $7 today ? Please put up your hand !

[Roadrunner]

Stockcharts.com is down? I can not get to my chart book. please anyone have any problem?

yes

[Cobra]

OK, here comes the breakout of RSP. I see overshot on the SPY with biggest bar and volume surge, so I think we'll see at least a consolidation here.

[TraderGirl]

Who think BAC will pass $7 today ? Please put up your hand !

I'm all for higher prices, but parabolic moves last only so long before they pull back, BAC hasn't tested the breakout yet around $6.25....

[waverider]

Stockcharts.com is down? I can not get to my chart book. please anyone have any problem?

Had the same problem, couldn't get global market feeds for a second, up again for me now.

[nikman]

OK, here comes the breakout of RSP. I see overshot on the SPY with biggest bar and volume surge, so I think we'll see at least a consolidation here.

Cobra, 3 push-up on RSP? Thanks.

[Al_Dente]

Stockcharts.com is down? I can not get to my chart book. please anyone have any problem?

mine just came back up

[BullBear52x]

It's back on line now, here is my analog, I still bet on it. gap down or down tomorrow. I posted this chart earlier today too.

[Cobra]

OK, here comes the breakout of RSP. I see overshot on the SPY with biggest bar and volume surge, so I think we'll see at least a consolidation here.

Cobra, 3 push-up on RSP? Thanks.

unfortunately the 3rd push is strong, so there should be more push up.

[Al_Dente]

5 min
Bolinger compression VIX, often precedes big move, sometimes via overnight gap, never tells direction
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

[lqiantobe]

Corba~ As you expected, BAC rebound good , is it exhaustion?

[tdo722]

It's back on line now, here is my analog, I still bet on it. gap down or down tomorrow. I posted this chart earlier today too.

I am with you on this one. If it closes below $129.42. How much capital? I am thinking 15%.

[HappyFriday]

OK, here comes the breakout of RSP. I see overshot on the SPY with biggest bar and volume surge, so I think we'll see at least a consolidation here.

Cobra, 3 push-up on RSP? Thanks.

unfortunately the 3rd push is strong, so there should be more push up.

Unbeatable market ! Dark GREEN close today !!!!!!!!!!

[Cobra]

A little BSO here, my comment last night, the usual pattern today.

[SB73]

Black bar and red NFP must not mean reversal nor are equities linked to the Eur. I will not front run no matter what (note that I do make small trades here and there, but the core must remain with the price action). SPX up and VIX up I once heard that there was a statisical opportunity there.

[Cobra]

Corba~ As you expected, BAC rebound good , is it exhaustion?

hold.