07/20/2011 Intraday Watering

[Cobra]

look how stretched AAPL now. I don't think it'd go too far.

Cobra, what indicator are you too determine that stretch on AAPL?

MACD(12,26,1). It's simply the distance between 2 moving averages.

Cobra, can u take a look RIm.to ? I think it is reverse (V shape) thanks

traders may try to catch the falling knife here for a short-term play (risky). You're not trader, so I don't think this stock is good buy. Why, law of inertia, it needs considerable amount of buying to reverse the trend.

[Rocket_Trades]

bulbear52x
glad it helped..I only did a starter position in $TZA pre-market, when I sold all my $TNA to someone.
I wish I had a larger position, still got $0.85 out of it though.

[janez]

Financial going strong today. GS, FAS. Reduced some GS calls too early.

[KENA]

Looks like SPY is making higher lows slowly.I am just waiting.

[Dow Trader]

Here is where the market overall and why almost everything is in wait and see mood, look how the EUR traped in very small range, break the possible cup to the up side, or break the mini uptrend to the down side.

[greenback]

IWM is already in the 2nd leg down ...

[BullBear52x]

Oh My rusty Crystal ball

[JJS612]

Thanks Cobra for the continuing education in following the markets, and to the many others who contribute trades and charts.

Just as an observation today, the Dax did not conform/confirm market moves today. The Dax/FTSE and S&P normally have very similiar intraday moves, having seperated from the CAC earlier this year. No I am seeing the Dax lower and the FTSE higher in terms of small movements in line with the S&P.

I believe these growing divergences are indicative of the instability in the current markets.

Would appreciate any TA comments in support/contrary of this view.

[Cobra]

Thanks Cobra for the continuing education in following the markets, and to the many others who contribute trades and charts.

Just as an observation today, the Dax did not conform/confirm market moves today. The Dax/FTSE and S&P normally have very similiar intraday moves, having seperated from the CAC earlier this year. No I am seeing the Dax lower and the FTSE higher in terms of small movements in line with the S&P.

I believe these growing divergences are indicative of the instability in the current markets.

Would appreciate any TA comments in support/contrary of this view.

cannot see DAX realtime, stockcharts DAX is on US eod. but my experiences are that DAX usually leads.

[JackA]

Hi Everyone,

My first post on the blog although I have been reading the blog for quite a while. I have been a part of many other communities in the past but I think this is the best one so far, people here are genuinely encouraging.

Coming to the "BTW", I am in a deep hole with GOOG and need some help. I would like to know what you think of GOOG in short term (I hold quite a lot of Aug 15 calls in loss, I was hoping this to be a breakaway gap but now I am concerned if it could be an exhaustion gap and might get filled before Aug 15). Any help would be much appreciated.

Thanks,
J

[BullBear52x]

The big guys dumped, now the little see it and he will too, soon the computer will get freak out and go all out in 64bits.

[Cobra]

text book target for the 2nd leg down.

[90ufo]

Thanks Cobra for the continuing education in following the markets, and to the many others who contribute trades and charts.

Just as an observation today, the Dax did not conform/confirm market moves today. The Dax/FTSE and S&P normally have very similiar intraday moves, having seperated from the CAC earlier this year. No I am seeing the Dax lower and the FTSE higher in terms of small movements in line with the S&P.

I believe these growing divergences are indicative of the instability in the current markets.

Would appreciate any TA comments in support/contrary of this view.

cannot see DAX realtime, stockcharts DAX is on US eod. but my experiences are that DAX usually leads.

stockchart I can see $DAX 5min real-time. I also subscribe to IB $DAX, quite cheap $1-2/ month.

[Nomorework]

The big guys dumped, now the little see it and he will too, soon the computer will get freak out and go all out in 64bits.

Where do you see that? Not that I doubt it, just genuinely interested!

[Cobra]

Hi Everyone,

My first post on the blog although I have been reading the blog for quite a while. I have been a part of many other communities in the past but I think this is the best one so far, people here are genuinely encouraging.

Coming to the "BTW", I am in a deep hole with GOOG and need some help. I would like to know what you think of GOOG in short term (I hold quite a lot of Aug 15 calls in loss, I was hoping this to be a breakaway gap but now I am concerned if it could be an exhaustion gap and might get filled before Aug 15). Any help would be much appreciated.

Thanks,
J

Welcome aboard!

As for GOOG, I don't see anything yet, so don't know, may someone else knows something?

[Cobra]

Thanks Cobra for the continuing education in following the markets, and to the many others who contribute trades and charts.

Just as an observation today, the Dax did not conform/confirm market moves today. The Dax/FTSE and S&P normally have very similiar intraday moves, having seperated from the CAC earlier this year. No I am seeing the Dax lower and the FTSE higher in terms of small movements in line with the S&P.

I believe these growing divergences are indicative of the instability in the current markets.

Would appreciate any TA comments in support/contrary of this view.

cannot see DAX realtime, stockcharts DAX is on US eod. but my experiences are that DAX usually leads.

stockchart I can see $DAX 5min real-time. I also subscribe to IB $DAX, quite cheap $1-2/ month.

I think DAX is more likely going down later, look like a Bear Flag so far. A strong up in the following days would invalidate my view.

[progruss]

look how stretched AAPL now. I don't think it'd go too far.

Cobra, what indicator are you too determine that stretch on AAPL?

MACD(12,26,1). It's simply the distance between 2 moving averages.

Thanks Cobra!

[BullBear52x]

The big guys dumped, now the little see it and he will too, soon the computer will get freak out and go all out in 64bits.

Where do you see that? Not that I doubt it, just genuinely interested!

as far as buying and selling? I mentioned what to look for in last "weekend watering hole " it's not a holy grail but something I look at and use.

[JackA]

Hi Everyone,

My first post on the blog although I have been reading the blog for quite a while. I have been a part of many other communities in the past but I think this is the best one so far, people here are genuinely encouraging.

Coming to the "BTW", I am in a deep hole with GOOG and need some help. I would like to know what you think of GOOG in short term (I hold quite a lot of Aug 15 calls in loss, I was hoping this to be a breakaway gap but now I am concerned if it could be an exhaustion gap and might get filled before Aug 15). Any help would be much appreciated.

Thanks,
J

Welcome aboard!

As for GOOG, I don't see anything yet, so don't know, may someone else knows something?

Thanks Cobra, I don't see a breakdown either but there is a lot of PUT buying going on today...not sure whats going on.

[Nomorework]

The big guys dumped, now the little see it and he will too, soon the computer will get freak out and go all out in 64bits.

Where do you see that? Not that I doubt it, just genuinely interested!

as far as buying and selling? I mentioned what to look for in last "weekend watering hole " it's not a holy grail but something I look at and use.

Roger that! Thanks for the info