Back to www.cobrasmarketview.com

05/26/2011 Intraday Watering

agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 05/26/2011 Intraday Watering

Post by agnosia »

soku wrote:
lol me sitting on beach, trading on ipad, and doing some bird watching
nice. i am out on my back deck overlooking the mountains and listening to my stream :)
User avatar
Artyomzzz
Posts: 15
Joined: Wed Apr 27, 2011 1:50 pm

Re: 05/26/2011 Intraday Watering

Post by Artyomzzz »

agnosia wrote:
soku wrote:
lol me sitting on beach, trading on ipad, and doing some bird watching
nice. i am out on my back deck overlooking the mountains and listening to my stream :)
Well, I am in cold a$$ crack of the earth Canada, in my bathroom, typing this message....anyone wanna trade places? I'll thrown in a free ES long contract :geek:
User avatar
pezhead9000
Posts: 380
Joined: Tue Feb 15, 2011 9:34 am
Contact:

Re: 05/26/2011 Intraday Watering

Post by pezhead9000 »

To see a trend change, I would expect to see more volatility demonstrated by ATR and Volume rate of change. We just seem to drift lower but no real battle going on.
SPY-Volatility-view-May-26.png
cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 05/26/2011 Intraday Watering

Post by cougar »

With the help of the talking heads:
A fabricated question: “Will IMF discontinue, for a while, the funding of Greece?”
Fabricated answer 35 min ago; “Yes!”
Fabricated answer 10 min ago: “No!”
…and 3 min ago: “Maybe!”
Predictably, the market reacts to each of them…LOL!
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 05/26/2011 Intraday Watering

Post by agnosia »

Artyomzzz wrote:
Well, I am in cold a$$ crack of the earth Canada, in my bathroom, typing this message....anyone wanna trade places? I'll thrown in a free ES long contract :geek:
lol. i will trade place with you if u live in the mountains this winter? i lived in BC canada for a couple of years being a ski bum :) great mountains and people.
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/26/2011 Intraday Watering

Post by Cobra »

don't know that the market is doing. I'll assume this is a small bear flag, so should continue down from, not sure, I'm not bearish biased today.
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.
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 05/26/2011 Intraday Watering

Post by agnosia »

euro diving... greece in trouble again.
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 05/26/2011 Intraday Watering

Post by 99er »

uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 05/26/2011 Intraday Watering

Post by uempel »

This ain't a trading day, I'm off.
Attachments
SPX7.png
gabor
Posts: 298
Joined: Mon May 09, 2011 6:16 am

Re: 05/26/2011 Intraday Watering

Post by gabor »

agnosia wrote:euro diving... greece in trouble again.
Greece has been being in trouble for years. They will never solve their problem. EU should let them bankrupt with their own currency.
gabor
Posts: 298
Joined: Mon May 09, 2011 6:16 am

Re: 05/26/2011 Intraday Watering

Post by gabor »

uempel wrote:This ain't a trading day, I'm off.
As I know you, you can not be off. :lol: But I like when you are not off.
cletus
Posts: 1445
Joined: Wed Feb 16, 2011 10:45 am

Re: 05/26/2011 Intraday Watering

Post by cletus »

Artyomzzz wrote:
agnosia wrote:
soku wrote:
lol me sitting on beach, trading on ipad, and doing some bird watching
nice. i am out on my back deck overlooking the mountains and listening to my stream :)
Well, I am in cold a$$ crack of the earth Canada, in my bathroom, typing this message....anyone wanna trade places? I'll thrown in a free ES long contract :geek:
Why are you typing in the bathroom? This disturbs me. Maybe it's a Canadian thing.
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 05/26/2011 Intraday Watering

Post by agnosia »

long oil 99.70, trendline support.
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 05/26/2011 Intraday Watering

Post by 99er »

ES-ZB
That's an "F" Ben.
http://99ercharts.blogspot.com/2011/05/es-zb_26.html
Missing Princeton?
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 05/26/2011 Intraday Watering

Post by KENA »

The institutions are still in distribution,Liquidity is decreasing.The best thing I have seen is the VIX is is in a falling wedge pattern today and may break out to the up side.If so this may give us some trading.I have held shorts all week and they have changed very little up or dn.Can't even make a buck on day tradeing TZA.Maybe if the VIX breaks out things will change.Wait and see.
User avatar
Anaconda
Posts: 487
Joined: Fri May 06, 2011 2:57 pm

Re: 05/26/2011 Intraday Watering

Post by Anaconda »

agnosia wrote:long oil 99.70, trendline support.
Careful. Fundamentals and dollar say otherwise. Inventories - crude and gasoline - were up (again). Down dollar is what's pushing up oil, temporarily. I shorted, yesterday. Breach of $101 is a good double-down for me.
StrikePrice
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 05/26/2011 Intraday Watering

Post by StrikePrice »

SPY BO.

Now let's see what we have in store for today folks.
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/26/2011 Intraday Watering

Post by Cobra »

I see potential double bottom here so there're some chances that the low was in today.
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
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 05/26/2011 Intraday Watering

Post by 99er »

uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 05/26/2011 Intraday Watering

Post by uempel »

gabor wrote:
uempel wrote:This ain't a trading day, I'm off.
As I know you, you can not be off. :lol: But I like when you are not off.
You might be right, but now I'm really trying to get out of the house...
Post Reply