Back to www.cobrasmarketview.com

   

03/25/2011 Intraday Watering

Re: 03/25/2011 Intraday Watering

Postby BullBear52x » Fri Mar 25, 2011 3:08 pm

FIB extensions
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23833
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/25/2011 Intraday Watering

Postby 90ufo » Fri Mar 25, 2011 3:11 pm

Cobra wrote:This chart by the way, still is what I'm looking at. If you don't believe me, you can compare all the past bottoms to see how the market rebounded. So I'll maintain that we'll retest the 03/16 lows first before making a new high assume in the last 56 minutes the market doesn't shoot up huge of course. :mrgreen:


how do you count the down days vs up days during 2010-Feb bottom?
90ufo
 
Posts: 32
Joined: Wed Feb 23, 2011 5:09 pm

Re: 03/25/2011 Intraday Watering

Postby Cobra » Fri Mar 25, 2011 3:15 pm

90ufo wrote:
Cobra wrote:This chart by the way, still is what I'm looking at. If you don't believe me, you can compare all the past bottoms to see how the market rebounded. So I'll maintain that we'll retest the 03/16 lows first before making a new high assume in the last 56 minutes the market doesn't shoot up huge of course. :mrgreen:


how do you count the down days vs up days during 2010-Feb bottom?


That's one exception. Nothing works 100%.

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: 47577
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/25/2011 Intraday Watering

Postby BullBear52x » Fri Mar 25, 2011 3:15 pm

Magic market time
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23833
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/25/2011 Intraday Watering

Postby ActiveTrader » Fri Mar 25, 2011 3:15 pm

Cobra wrote:This chart by the way, still is what I'm looking at. If you don't believe me, you can compare all the past bottoms to see how the market rebounded. So I'll maintain that we'll retest the 03/16 lows first before making a new high assume in the last 56 minute s the market doesn't shoot up huge of course. :mrgreen:


I would agree in a "normal" market, but we have not had a normal market in at least 2 years. Just buy the dip.:mrgreen:
ActiveTrader
 
Posts: 64
Joined: Tue Feb 15, 2011 6:54 pm

Re: 03/25/2011 Intraday Watering

Postby Cobra » Fri Mar 25, 2011 3:18 pm

ActiveTrader wrote:
Cobra wrote:This chart by the way, still is what I'm looking at. If you don't believe me, you can compare all the past bottoms to see how the market rebounded. So I'll maintain that we'll retest the 03/16 lows first before making a new high assume in the last 56 minute s the market doesn't shoot up huge of course. :mrgreen:


I would agree in a "normal" market, but we have not had a normal market in at least 2 years. Just buy the dip.:mrgreen:


I am buying dips. But I still find hard to believe that we won't test 03/16 lows first especially because of the bad seasonality the next week.

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: 47577
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/25/2011 Intraday Watering

Postby Cobra » Fri Mar 25, 2011 3:19 pm

another possibility is that 04/08 - 04/13 time windows is THE TOP. If so, we'll keep rising until around 04/08 then we're doomed after that. :evil:

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: 47577
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/25/2011 Intraday Watering

Postby Tabby » Fri Mar 25, 2011 3:22 pm

Cobra,
earning report usually starts with AA which is going to be on April 11.
Tabby
 
Posts: 924
Joined: Tue Feb 15, 2011 5:09 pm

Re: 03/25/2011 Intraday Watering

Postby Cobra » Fri Mar 25, 2011 3:23 pm

Tabby wrote:Cobra,
earning report usually starts with AA which is going to be on April 10.


Anyhow, the 04/08 to 04/13 time window is perhaps the most important time window this year.

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: 47577
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/25/2011 Intraday Watering

Postby BullBear52x » Fri Mar 25, 2011 3:26 pm

There's life in FAZ, Hourly under mid BB not good, daily under 5dma not good.
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23833
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/25/2011 Intraday Watering

Postby RedCedar » Fri Mar 25, 2011 3:27 pm

Cobra wrote:
ActiveTrader wrote:
Cobra wrote:This chart by the way, still is what I'm looking at. If you don't believe me, you can compare all the past bottoms to see how the market rebounded. So I'll maintain that we'll retest the 03/16 lows first before making a new high assume in the last 56 minute s the market doesn't shoot up huge of course. :mrgreen:


I would agree in a "normal" market, but we have not had a normal market in at least 2 years. Just buy the dip.:mrgreen:


I am buying dips. But I still find hard to believe that we won't test 03/16 lows first especially because of the bad seasonality the next week.


Thanks Cobra, I believe it with you on this.
RedCedar
 
Posts: 16
Joined: Tue Feb 15, 2011 2:05 pm

Re: 03/25/2011 Intraday Watering

Postby BullBear52x » Fri Mar 25, 2011 3:30 pm

TZA got beat down so much, now clawing back a little, same as FAZ still too weak.
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23833
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/25/2011 Intraday Watering

Postby Cobra » Fri Mar 25, 2011 3:35 pm

If we keep pullback the next Monday then everything goes as I planned :mrgreen: , I'll then expect another try on the upside then at least a 2 legged pullbacks. My plan is still buy the very first dip. (By the way, as most of you could have noticed, I have no problem in chasing high, so a huge gap up the next Monday? Sure, I'll buy the OR breakout, no problem)
Attachments
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.
User avatar
Cobra
Site Admin
 
Posts: 47577
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/25/2011 Intraday Watering

Postby jamesmith » Fri Mar 25, 2011 3:40 pm

Cobra wrote:If we keep pullback the next Monday then everything goes as I planned :mrgreen: , I'll then expect another try on the upside then at least a 2 legged pullbacks. My plan is still buy the very first dip. (By the way, as most of you could have noticed, I have no problem in chasing high, so a huge gap up the next Monday? Sure, I'll buy the OR breakout, no problem)


i like laoda's evil Martian plan :twisted:
User avatar
jamesmith
 
Posts: 152
Joined: Mon Feb 14, 2011 12:17 pm

Re: 03/25/2011 Intraday Watering

Postby cletus » Fri Mar 25, 2011 3:41 pm

Another "strong trend day" in this "powerful bull trend". I'm very impressed bulls! Now with the VIX back down in the teens, where will you get firepower for a huge push higher? Are you expecting the VIX to drop to 5 or 6? LOL
cletus
 
Posts: 1276
Joined: Wed Feb 16, 2011 10:45 am

Re: 03/25/2011 Intraday Watering

Postby BullBear52x » Fri Mar 25, 2011 3:46 pm

cletus wrote:Another "strong trend day" in this "powerful bull trend". I'm very impressed bulls! Now with the VIX back down in the teens, where will you get firepower for a huge push higher? Are you expecting the VIX to drop to 5 or 6? LOL

I see little fears on 1h MACD, No worry, no one buy puts to protect themselves.
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23833
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/25/2011 Intraday Watering

Postby Cobra » Fri Mar 25, 2011 3:49 pm

cletus wrote:Another "strong trend day" in this "powerful bull trend". I'm very impressed bulls! Now with the VIX back down in the teens, where will you get firepower for a huge push higher? Are you expecting the VIX to drop to 5 or 6? LOL


Assume we close here with no miracle huge down, then this weekend, I'll show you guys another weapon explaining why I still expect that 03/16 lows will be tested, at least my evil plan would work the next week - i.e. a 2 legged pullback at least. I don't want to show you charts now so that you guys would come to read my weekend report. :lol: Yet, that's right, it has something to do with VIX. The cases are not lots so again may not mean anything and as you all know, those days, all bulls need are imagination, nothing more, so I could be very very very very (insert 100 very here) wrong. :mrgreen:
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: 47577
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/25/2011 Intraday Watering

Postby 99er » Fri Mar 25, 2011 3:50 pm

SPX
Wolfe Wave target around 1280.
http://99ercharts.blogspot.com/2011/03/spx_5420.html
Have a nice weekend, folks!
User avatar
99er
 
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm

Re: 03/25/2011 Intraday Watering

Postby amalgamator » Fri Mar 25, 2011 3:51 pm

Crude oil next week and in April is going to be key.
23march5.png
23march5.png (21.67 KiB) Viewed 13490 times

23march4.png
23march4.png (22.6 KiB) Viewed 13490 times
User avatar
amalgamator
 
Posts: 24
Joined: Fri Mar 25, 2011 9:08 am

Re: 03/25/2011 Intraday Watering

Postby BullBear52x » Fri Mar 25, 2011 3:52 pm

Cobra wrote:
cletus wrote:Another "strong trend day" in this "powerful bull trend". I'm very impressed bulls! Now with the VIX back down in the teens, where will you get firepower for a huge push higher? Are you expecting the VIX to drop to 5 or 6? LOL


Assume we close here with no miracle huge down, then this weekend, I'll show you guys another weapon explaining why I still expect that 03/16 lows will be tested, at least my evil plan would work the next week - i.e. a 2 legged pullback at least. I don't want to show you charts now so that you guys would come to read my weekend report. :lol: Yet, that's right, it has something to do with VIX. The cases are not lots so again may not mean anything and as you all know, those days, all bulls need are imagination, nothing more, so I could be very very very very (insert 100 very here) wrong. :mrgreen:

I've been waiting for this secret weapon, can't wait.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23833
Joined: Tue Feb 22, 2011 3:47 pm

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot] and 18 guests