Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Fri Aug 19, 2011 9:53 am
soku wrote: check hpq. 22% drop.
eventually i got a bite. thanks to zerohedge
That's funny!
...
alvian33
Posts: 282 Joined: Thu Mar 10, 2011 10:48 am
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by alvian33 » Fri Aug 19, 2011 9:54 am
what's wrong with the dollar it's falling like a piece of s***t, and we become poorer
quientuves
Posts: 477 Joined: Wed May 25, 2011 3:24 pm
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by quientuves » Fri Aug 19, 2011 9:56 am
alvian33 wrote: what's wrong with the dollar it's falling like a piece of s***t, and we become poorer
you become poor.. unless youcover yourself. i.e. XAU... or even the real thing.
jarbo456
Posts: 2218 Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY
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by jarbo456 » Fri Aug 19, 2011 9:57 am
testing the 200ma again on the 5min SPY chart. just waiting to get out of my long calls when the market gives me a chance.
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Fri Aug 19, 2011 10:00 am
Out of Bounds wrote: My guess is that the SPY will be bound by S1 and Pivot.
115.63 - 111.96
Those numbers are completely wrong! Please ignore. They should be:
112.98 - 114.81.
...
janez
Posts: 192 Joined: Mon Jun 13, 2011 4:30 pm
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by janez » Fri Aug 19, 2011 10:01 am
Cobra wrote: gap down but since yesterday was a Major Distribution Day, so I think the gap is likely to be filled today plus the Global ES as well as the regular hour ES may have 3 push down already, so there're some chances of rebound here. I'm not sure, let's wait and see.
Thanks. Nice to see some greens.
janez
Posts: 192 Joined: Mon Jun 13, 2011 4:30 pm
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by janez » Fri Aug 19, 2011 10:03 am
Cobra wrote: gap down but since yesterday was a Major Distribution Day, so I think the gap is likely to be filled today plus the Global ES as well as the regular hour ES may have 3 push down already, so there're some chances of rebound here. I'm not sure, let's wait and see.
This really helps during the darkest hours. like the calmness.
jarbo456
Posts: 2218 Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY
Post
by jarbo456 » Fri Aug 19, 2011 10:03 am
Out of Bounds wrote: Out of Bounds wrote: My guess is that the SPY will be bound by S1 and Pivot.
115.63 - 111.96
Those numbers are completely wrong! Please ignore. They should be:
112.98 - 114.81.
hit your pivot. we getting out?
Cobra
Site Admin
Posts: 58952 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Fri Aug 19, 2011 10:03 am
gap filled but I think there's more on the upside.
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barbaragull
Posts: 106 Joined: Mon Jun 13, 2011 9:19 am
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by barbaragull » Fri Aug 19, 2011 10:04 am
janez wrote: Cobra wrote: gap down but since yesterday was a Major Distribution Day, so I think the gap is likely to be filled today plus the Global ES as well as the regular hour ES may have 3 push down already, so there're some chances of rebound here. I'm not sure, let's wait and see.
Thanks. Nice to see some greens.
Yes, should have strong faith in Cobra, and wait longer to close the long position.
trader0303
Posts: 58 Joined: Mon Aug 15, 2011 12:35 pm
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by trader0303 » Fri Aug 19, 2011 10:05 am
Out of Bounds wrote: Out of Bounds wrote: My guess is that the SPY will be bound by S1 and Pivot.
115.63 - 111.96
Those numbers are completely wrong! Please ignore. They should be:
112.98 - 114.81.
Sorry, might be dumb question, but what is S1?
Anaconda
Posts: 487 Joined: Fri May 06, 2011 2:57 pm
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by Anaconda » Fri Aug 19, 2011 10:05 am
As I mentioned, yesterday, lower low this morning, and then a bounce into the close, today. Options expiry = manipulation. So predictable sometimes...
99 - what says your "Silver-surfer" chart?
Cougar - thanks for the EW update. Great chart, as always!
Happy trading,
A.
jarbo456
Posts: 2218 Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY
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by jarbo456 » Fri Aug 19, 2011 10:07 am
Out of Bounds wrote: Out of Bounds wrote: My guess is that the SPY will be bound by S1 and Pivot.
115.63 - 111.96
Those numbers are completely wrong! Please ignore. They should be:
112.98 - 114.81.
great call. got out at 114.73 after it touched 114.81.
SigmaEcho
Posts: 286 Joined: Fri Apr 08, 2011 12:09 pm
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by SigmaEcho » Fri Aug 19, 2011 10:10 am
Cobra wrote: gap filled but I think there's more on the upside.
how can u see more upside? how much?
thanks
silicon_beaver
Posts: 524 Joined: Wed Feb 23, 2011 4:09 pm
Location: Beaverton OR
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by silicon_beaver » Fri Aug 19, 2011 10:11 am
ERX moves slower than FAS.
I should be stuck to play FAS. Well, a green is a green. cannot be too greedy.
janez
Posts: 192 Joined: Mon Jun 13, 2011 4:30 pm
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by janez » Fri Aug 19, 2011 10:12 am
I feel like bursting into tears... some of my positions are even green.
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Fri Aug 19, 2011 10:15 am
jarbo456 wrote: Out of Bounds wrote: Out of Bounds wrote: My guess is that the SPY will be bound by S1 and Pivot.
115.63 - 111.96
Those numbers are completely wrong! Please ignore. They should be:
112.98 - 114.81.
hit your pivot. we getting out?
1/3rd short - kind of iffy. I need to see if peace and bluebirds on everyone's shoulders breaks out. Below 114, I go more short.
...
nonabear
Posts: 34 Joined: Thu Jul 07, 2011 2:50 pm
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by nonabear » Fri Aug 19, 2011 10:15 am
Cobra,
Any chance we retest the open on the ES at 9:30 EST - at 1124 ish...if not, do you see any move back down.
barbaragull
Posts: 106 Joined: Mon Jun 13, 2011 9:19 am
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by barbaragull » Fri Aug 19, 2011 10:16 am
Short VIXY might not be a bad idea? (But I will not do that this time
, once shorted from 80.xx to 6x.xx).
Now the market is just too crazy. Any one have an idea if we get QE3 next week?
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Fri Aug 19, 2011 10:17 am
Out of Bounds wrote: jarbo456 wrote: Out of Bounds wrote: Out of Bounds wrote: My guess is that the SPY will be bound by S1 and Pivot.
115.63 - 111.96
Those numbers are completely wrong! Please ignore. They should be:
112.98 - 114.81.
hit your pivot. we getting out?
1/3rd short - kind of iffy. I need to see if peace and bluebirds on everyone's shoulders breaks out. Below 114, I go more short.
Uh Oh. Wrong move - close short
...