06/03/2011 Intraday Watering

[KENA]

Hi Cobra. How come I am getting E mails from "Peter_V_Pan@hotmail "to visit his site.He said he was sending me the Email because of my visits to yours How did he get my address. Thanks

Cobra..Ps. I just got 3 more E mails.That makes 6 inthe last hour.

Peter_V_pan is not me. if it's "V".

It may be "Y" hard to tell

[gabor]

I trade only patterns. There's difference between knowing the path and walking the path.

What do you mean by that? Trading patterns only???

[BullBear52x]

Ascending Triangle here, my MACD sell is still on but very close to trigger to cover.

[cletus]

Watch for M shaped bottom today, it will look like a move to the downside to make new lows then suddenly explode higher. Buy on D.

[Cobra]

It may be "Y" hard to tell

anyway, i didn't send you any mail. or maybe you subscribed this form by email? You need change your settings I guess?

[Cobra]

so far go as planned. another critical time here.

[99er]

Gold
Update.
http://99ercharts.blogspot.com/2011/06/gold_03.html

[cougar]

Watch for M shaped bottom today, it will look like a move to the downside to make new lows then suddenly explode higher. Buy on D.

Cletus: on which time frame do you watch that "bullish buttefly"?

[99er]

Silver
Update.
http://99ercharts.blogspot.com/2011/06/silver_03.html

[PRI]

Same channel...

[tegra]

wow, silver is ready to fall !!!!!!!!!!!!!
thank you for posting ur chart

[PRI]

Cobra, what is your downside target this afternoon?

[cletus]

Traders should pay heed to IYR which is up rather nicely on the day. Not bearish.

[nikman]

Doctor Copper
"Down."
HG: http://99ercharts.blogspot.com/2011/06/copper_03.html

99er, I did not see a Gold and/or Silver charts from you today? Could you post the updated ones when you get a chance? Thanks.

[99er]

Crude
Update.
http://99ercharts.blogspot.com/2011/06/crude_03.html

[cletus]

Watch for M shaped bottom today, it will look like a move to the downside to make new lows then suddenly explode higher. Buy on D.

Cletus: on which time frame do you watch that "bullish buttefly"?

I'm looking for it on the 1 min SPY chart which is setting up, but in reality it may not work out and we could just fill the gap straight away. I think it could though. So I'd be wanting to buy SPY around 130.30 or so or whenever I see big volume come in on a dip.

[cletus]

I'm putting a buy recommendation on DRN with a price target of 78. I was accumulating this morning at 72 or lower. But holding from 74 lol

[cougar]

Thanks Cletus.

[99er]

nikman: "99er, I did not see a Gold and/or Silver charts from you today?"

Sorry...running a bit late today. I'll try shooting for noon eastern in the future.

[Cobra]

info only, multiple resistances here.