06/03/2011 Intraday Watering

[Cobra]

Cobra, you are really impressive. I need to do more reading to catch up and understand your thinking process. Currently I am reading from your site of Trading the 10 O’clock Bulls Winning Strategies for Active Traders by Geoff Bysshe and will finish this over the weekend. What would you suggest to read next? Thanks Cobra 老师。

that 10 o'clock book is mainly for OR trading, I suspect the purpose of that book is to sell his software. so get his concept, but to read the tape like me, you have to have some experiences which cannot be taught.

[zebra]

again the spx 1300 soap opera again..

[Cobra]

speechless, volume surge then pullback means bulls lost the battle. not sure how this pullback leads to where as the market is about to close.

[KENA]

Heavier volume on selling in the last 10 min.

[cougar]

…and the BOT says: “If it’s not one butterfly, it’s another…and even bigger”.
But the butterfly never heard of “imminent redemption”…and that’s where the problem is…

[zebra]

get ready for QE3 propaganda from the best talking heads if close below 1300

[Cobra]

can bearly watch, please, sharp snap back, please...

[Cobra]

up up up olay olay olay! up up up olay olay olay!

[cletus]

…and the BOT says: “If it’s not one butterfly, it’s another…and even bigger”.
But the butterfly never heard of “imminent redemption”…and that’s where the problem is…

market maker scare tactics...BS

There is a cluster of fibonacci and square of nine support levels at 1288 and 1295 that bears will not defeat easily, so I really wouldn't be too scared in long positions, just a few handles of downside potential. But, maybe we have a Black Monday! I guess that's the risk of trading.

[KENA]

Thanks for the week Cobra.This makes trading more fun.

[Cobra]

well, guess that's it for today. have to dip more to make the next week call. down 5 consecutive weeks doesn't guarantee an up week the next week as far as I can recall, so definitely need dip more. thank you guys, i'll see you the next Monday!

[gabor]

We are still in the band and the big money is always outside of the band. Still have to wait, the battle is still going on

[hutongerchuanzi]

well, guess that's it for today. have to dip more to make the next week call. down 5 consecutive weeks doesn't guarantee an up week the next week as far as I can recall, so definitely need dip more. thank you guys, i'll see you the next Monday!

Thank you! nice weekend!

[Cobra]

cannot believe only 3400 hits today. really sad. you guys like paid intraday comments instead me, the free one?

[zebra]

cannot believe only 3400 hits today. really sad. you guys like paid intraday comments instead me, the free one?

hi Cobra maybe you need a little sales/marketing to help!
u r much better than most of the rest out there.

[Cobra]

cannot believe only 3400 hits today. really sad. you guys like paid intraday comments instead me, the free one?

hi Cobra maybe you need a little sales/marketing to help!
u r much better than most of the rest out there.

yeah, really sad, I don't have much audience after 3 years hard work, I mean my blog.

[Cobra]

btw cobra, those from breakpointtrades, looks like they are using pretty much similar sistem trade a bit modified, they copy you a lot man! (lots of graphs and idea I see that comes from you)

I know they've been doing this for years and they're not free, not fair.

[AK84]

btw cobra, those from breakpointtrades, looks like they are using pretty much similar sistem trade a bit modified, they copy you a lot man! (lots of graphs and idea I see that comes from you)

I know they've been doing this for years and they're not free, not fair.

COBRA U DA BESTTTTTT!!!!!!!!!!!!!!!!!!!! Are you in Toronto ???? Im coming there in end of June from NYC and REALLY want to meet u !!

[zebra]

cannot believe only 3400 hits today. really sad. you guys like paid intraday comments instead me, the free one?

hi Cobra maybe you need a little sales/marketing to help!
u r much better than most of the rest out there.

yeah, really sad, I don't have much audience after 3 years hard work, I mean my blog.

FWIW, i checked out your blog at least several times a day.

[Tabby]

cannot believe only 3400 hits today. really sad. you guys like paid intraday comments instead me, the free one?

This is not true. I got go to work.
If I press more than 100 times on Cobra market blog, this blog might recognize me as a robot spammer and block me.
Not to mention, I like your blog b/c, you've started a new fad on Wall Street?????????
are you bullish or bearish today?
I am a snakish today.
Thanks a million for those little cues to watch for.
Have a nice weekend.