Cobra
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Posts: 58525 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Tue Aug 16, 2011 1:13 pm
pidge66 wrote: Cobra wrote: another failure on my 90% winning rate setups, unbelievable.
Cobra, did we just get an L2 on the SPY daily?
L1 only.
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uempel
Posts: 8685 Joined: Tue Feb 15, 2011 6:38 am
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by uempel » Tue Aug 16, 2011 1:19 pm
I've got my buy signal, but I don't like the set-up now - H&S looming above and big H&S being formed.
Last edited by
uempel on Tue Aug 16, 2011 1:20 pm, edited 1 time in total.
proteus46
Posts: 190 Joined: Mon Jun 06, 2011 4:12 pm
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by proteus46 » Tue Aug 16, 2011 1:20 pm
Looks like we may close SPX at 1178. They like closing the S&P at levels of greatest uncertainty.
15 minute and 1 minute charts.
Cobra
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by Cobra » Tue Aug 16, 2011 1:21 pm
lunch time, the drop isn't over yet.
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Petsamo
Posts: 3339 Joined: Thu Jun 30, 2011 2:22 pm
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by Petsamo » Tue Aug 16, 2011 1:23 pm
long some X 30.64
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pidge66
Posts: 166 Joined: Mon Jun 06, 2011 1:05 pm
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by pidge66 » Tue Aug 16, 2011 1:24 pm
Cobra wrote: pidge66 wrote: Cobra wrote: another failure on my 90% winning rate setups, unbelievable.
Cobra, did we just get an L2 on the SPY daily?
L1 only.
Thx Cobra. It's just academic, but I was wondering if the 8/15 and 8/16 combination qualifies as special case L1 in strong trend market.
StrikePrice
Posts: 770 Joined: Wed Mar 30, 2011 1:27 pm
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by StrikePrice » Tue Aug 16, 2011 1:30 pm
Cobra wrote: lunch time, the drop isn't over yet.
I see:
38.2% = 119.25 ish
50.0% = 119.50 ish
61.8% = 119.75 ish
Tabby
Posts: 924 Joined: Tue Feb 15, 2011 5:09 pm
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by Tabby » Tue Aug 16, 2011 1:37 pm
Thanks Uempel, Al_dente,BB52X, Cobra and everybody else if I forgot to mention.
cougar
Posts: 1914 Joined: Fri May 20, 2011 9:25 am
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by cougar » Tue Aug 16, 2011 1:43 pm
SPX now: a good level to rest and watch for the next move.
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StrikePrice
Posts: 770 Joined: Wed Mar 30, 2011 1:27 pm
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by StrikePrice » Tue Aug 16, 2011 1:44 pm
Ascending Triangle. Break up of 119.10 will carry to 119.50 - 119.75 then it'll be all Bears.
StrikePrice wrote: Cobra wrote: lunch time, the drop isn't over yet.
I see:
38.2% = 119.25 ish
50.0% = 119.50 ish
61.8% = 119.75 ish
Cobra
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by Cobra » Tue Aug 16, 2011 1:45 pm
so far, looks like a bear flag.
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putts
Posts: 11 Joined: Fri May 13, 2011 9:59 am
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by putts » Tue Aug 16, 2011 1:48 pm
Cobra wrote: another failure on my 90% winning rate setups, unbelievable.
For me, you were 100%! I took the ride up based on what you had said earlier and sold. Many thanks
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Tue Aug 16, 2011 1:50 pm
StrikePrice wrote: Cobra wrote: lunch time, the drop isn't over yet.
I see:
38.2% = 119.25 ish
50.0% = 119.50 ish
61.8% = 119.75 ish
Hello strikeprice
Could you post your fib chart again.
I'm getting 116.77 on the 38.2%, and 115.52 on the 50%, etc.
Thanks in advance
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
StrikePrice
Posts: 770 Joined: Wed Mar 30, 2011 1:27 pm
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by StrikePrice » Tue Aug 16, 2011 1:52 pm
Al_Dente wrote: StrikePrice wrote: Cobra wrote: lunch time, the drop isn't over yet.
I see:
38.2% = 119.25 ish
50.0% = 119.50 ish
61.8% = 119.75 ish
Hello strikeprice
Could you post your fib chart again.
I'm getting 116.77 on the 38.2%, and 115.52 on the 50%, etc.
Thanks in advance
I'm only speaking of retrace of 12pm to 1pm wave down. Current retrace we're in now.
99er
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by 99er » Tue Aug 16, 2011 1:57 pm
Cobra
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by Cobra » Tue Aug 16, 2011 2:03 pm
putts wrote: Cobra wrote: another failure on my 90% winning rate setups, unbelievable.
For me, you were 100%! I took the ride up based on what you had said earlier and sold. Many thanks
you're welcome, glad I'm a little helpful here.
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Cobra
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by Cobra » Tue Aug 16, 2011 2:05 pm
a little fib info. seems not bad the rebound is.
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AK84
Posts: 574 Joined: Tue Feb 15, 2011 5:09 am
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by AK84 » Tue Aug 16, 2011 2:10 pm
Cobra,
If we dont close below yesterdays low, will CI go into short mode or hold trapped long overnight ?
Also what is your bias for tomorrow now given you saw a lot of action today ? down or consolidate?
Anything changed in your opinion ?
Petsamo
Posts: 3339 Joined: Thu Jun 30, 2011 2:22 pm
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by Petsamo » Tue Aug 16, 2011 2:15 pm
sold X 30.87; $17.41 gain
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