Back to www.cobrasmarketview.com

   

01/13/2012 Intraday Watering

01/13/2012 Intraday Watering

Postby Cobra » Fri Jan 13, 2012 10:02 am

First of all, that $10 per month deal for my daily report subscription at http://www.cobrasmarketview.com will expire on Sunday Jan 15 and will never be available again, so if you haven't made up your mind, it's the time now.


Gap down but within yesterday's range so chances are the gap will be filled.

The Global ES finally looks a little promising for bears because the 2nd attempt on the high was failed overnight. Now the key is the blue line below, bears must decisively breakout below it. Let's see.

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
Cobra
Site Admin
 
Posts: 41288
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/13/2012 Intraday Watering

Postby gabor » Fri Jan 13, 2012 10:10 am

Hi Cobra, do you think fresh EURUSD low is possible today?
gabor
 
Posts: 298
Joined: Mon May 09, 2011 6:16 am

Re: 01/13/2012 Intraday Watering

Postby lcgllc » Fri Jan 13, 2012 10:10 am

if we dont close gap, SPX will have a very nice island reversal, mixed with a turn in the stochs, and it is on, for weeks, not days...
lcgllc
 
Posts: 68
Joined: Wed Jan 04, 2012 4:37 pm

Re: 01/13/2012 Intraday Watering

Postby 99er » Fri Jan 13, 2012 10:13 am

Good Morning.

So honey...is Europe breaking apart?

http://99ercharts.blogspot.com/2012/01/scotland.html

Dunno. But the UK might.

TGIF and GLTA.
User avatar
99er
 
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm

Re: 01/13/2012 Intraday Watering

Postby cougar » Fri Jan 13, 2012 10:13 am

Good morning, Cobra!

Something about UPRO: The latest 4 high spikes (red circles) were all either in pre-market during the first hour of regular trading ..and followed by corrections.
It looks like Da Boys arte trying to tell the bernank: “Look, we are doing our best to lift it by night with cheap bogus futures trades, but we need more money, because the hedgies and the retailers sell into our up moves….We need help! QE, QE, QE!!!”
Attachments
UPRO.GIF
cougar
 
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 01/13/2012 Intraday Watering

Postby 99er » Fri Jan 13, 2012 10:14 am

So whatcha wanna do this weekend?

ES http://99ercharts.blogspot.com/2012/01/es_13.html

How about skiing some Diamond Tops?
User avatar
99er
 
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm


Re: 01/13/2012 Intraday Watering

Postby cougar » Fri Jan 13, 2012 10:15 am

GLD update: yesterday it reached a previously proposed target, at a confluence of Fan line, upper Acceleration Band and MAT(42).
Yesterday was also the 89 d extension from the all-time high on 09/06/2012.

I am out of GLD and gold-diggers longs…and ready to short for a swing.

========
However…this is not a suggestion to follow what I am doing…It’s only entertainment.
Attachments
GLD.GIF
cougar
 
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 01/13/2012 Intraday Watering

Postby Al_Dente » Fri Jan 13, 2012 10:18 am

Good morning boardies:

New short interest stats from the NYSE.
http://online.wsj.com/mdc/public/page/2 ... tml#shortD

Bears have covered approximately one billion shares since the last report two weeks ago.
Also, according to zh, the QQQ shorts have have covered enough to drop the short interest -43% “…to levels not seen since January 2001 (11 years!)…”
User avatar
Al_Dente
 
Posts: 20914
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/13/2012 Intraday Watering

Postby cougar » Fri Jan 13, 2012 10:18 am

Yesterday on close, unexpectedly, my order to buy VIX Feb 25 C filled, as VIX was touching again the bottom of the Acceleration Band…
=============================
Friday before MLK, in my memory, is connected with a down draft…but I do not have any statistical data on that…
Attachments
VIX.GIF
cougar
 
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 01/13/2012 Intraday Watering

Postby proteus46 » Fri Jan 13, 2012 10:24 am

No real economic news scheduled for Monday (1-16-2012)
No earnings report from a major company for Monday

We'll see how strong the bull's faith is today..or do they take their profits and rest?
Attachments
SPY 1-13-2012.png
SPY DAILY CHART
User avatar
proteus46
 
Posts: 190
Joined: Mon Jun 06, 2011 4:12 pm

Re: 01/13/2012 Intraday Watering

Postby noob » Fri Jan 13, 2012 10:30 am

proteus46 wrote:No real economic news scheduled for Monday (1-16-2012)
No earnings report from a major company for Monday

We'll see how strong the bull's faith is today..or do they take their profits and rest?


Monday is holiday buddy.
noob
 
Posts: 532
Joined: Mon Oct 17, 2011 2:54 pm

Re: 01/13/2012 Intraday Watering

Postby Cobra » Fri Jan 13, 2012 10:31 am

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
Cobra
Site Admin
 
Posts: 41288
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/13/2012 Intraday Watering

Postby proteus46 » Fri Jan 13, 2012 10:32 am

noob wrote:
proteus46 wrote:No real economic news scheduled for Monday (1-16-2012)
No earnings report from a major company for Monday

We'll see how strong the bull's faith is today..or do they take their profits and rest?


Monday is holiday buddy.


Thanks, thought about it after I posted.
User avatar
proteus46
 
Posts: 190
Joined: Mon Jun 06, 2011 4:12 pm

Re: 01/13/2012 Intraday Watering

Postby noob » Fri Jan 13, 2012 10:34 am

Cobra wrote:the open.


Overstretched? Rebound? I sense Cobra will short today :D
noob
 
Posts: 532
Joined: Mon Oct 17, 2011 2:54 pm

Re: 01/13/2012 Intraday Watering

Postby 99er » Fri Jan 13, 2012 10:36 am

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

Re: 01/13/2012 Intraday Watering

Postby Cobra » Fri Jan 13, 2012 10:40 am

key time. let's see if once again bulls step in buying this dip.
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
Cobra
Site Admin
 
Posts: 41288
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/13/2012 Intraday Watering

Postby Al_Dente » Fri Jan 13, 2012 10:40 am

User avatar
Al_Dente
 
Posts: 20914
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/13/2012 Intraday Watering

Postby dr659 » Fri Jan 13, 2012 10:46 am

Cobra wrote:key time. let's see if once again bulls step in buying this dip.

A break below 128.25 and its over for bulls? I did a front run yesterday with SDS already sold this morn, Maybe looking to by this dip, Friday 13th has a positive bias
dr659
 
Posts: 318
Joined: Thu Feb 17, 2011 4:53 pm

Re: 01/13/2012 Intraday Watering

Postby Al_Dente » Fri Jan 13, 2012 10:46 am

User avatar
Al_Dente
 
Posts: 20914
Joined: Thu Jul 21, 2011 2:29 pm

Next

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot] and 10 guests