08/23/2011 Intraday Watering

[rpccharts]

European pre US market gap opens do traders squat... buy and hold....?

[rpccharts]

Sounds like BAC is the next Lehman/AIG/FNM...

what happens if this pig goes under?

[Tuna1889]

BAC largest depot base in the country. You bet Bernanke loosing sleep over that question !

[dantehigh]

ok, clearly this is a measured move. the next resistance is yesterday's high (red line above).

Great call. It looks like the target has been reached. What now?

[Cobra]

evil plan, let's see.

[99er]

SPX
Update.
http://99ercharts.blogspot.com/2011/08/spx_8600.html

[dantehigh]

ok, clearly this is a measured move. the next resistance is yesterday's high (red line above).

Great call. It looks like the target has been reached. What now?

What I mean is, what is the usual course after a measured move? Thanks!

[Cobra]

ok, clearly this is a measured move. the next resistance is yesterday's high (red line above).

Great call. It looks like the target has been reached. What now?

see evil plan just posted. subject to change at anytime as always.

[Cobra]

ok, clearly this is a measured move. the next resistance is yesterday's high (red line above).

Great call. It looks like the target has been reached. What now?

What I mean is, what is the usual course after a measured move? Thanks!

may be pullback or consolidate then another measured move.

[uempel]

SPX update:

[dantehigh]

Thank you so much, Cobra!

[biotrader]

Cobra impulse buy triggered?

[Cobra]

Cobra impulse buy triggered?

must close in green today. And I have no confidences in this long.

[99er]

RUT
Back test complete.
http://99ercharts.blogspot.com/2011/08/rut_23.html

[Cobra]

I believe I made the first score. Let's wait for the rebound part, could be higher high or lower high. lunch time, will be back.

[BullBear52x]

FAZ, nice bounce off 5dma support, in any case, RSI need to pick up above 50 here.

[ddd]

So far today the bullishness is for real. I'm trading long, but have been exited too early too many times since this morning and my pull back targets have just about all failed, ended up with chasing this rally.

[BullBear52x]

Cobra impulse buy triggered?

must close in green today. And I have no confidences in this long.

new HOD day will be very bullish, I will close out all my shorts. intraday LH will boost Bears case at 5dma resistance zone.

[99er]

T-Bills Negative Yield Through November

http://www.zerohedge.com/sites/default/ ... 208.23.jpg

http://www.zerohedge.com/news/4-week-bi ... h-november

[Alpha_M]

Cobra

Do you expefct the rebound to last at least a few days or is this just a one day thing ? CI is now in buy mode so with the 80% success rate should be at least a few more days on the upside correct?


Just wondering as I went long today on a lot of single stocks with trendline breaks on hourly and would like to know if I need to tighten stop loss in case this is a one day thing and tom we are down huge....that would suckkkkk

Thank U !!

I don't know. people are betting on Friday's QE3 announcement?

If that is the case, then why is GOLD fallling ?

then there's no QE3. so it's just a rebound, isn't it?

WHO KNOWZZZZZZZZZZZZZZZZZZZZZZZ