09/22/2011 Intraday Watering

[ultramarine]

Hey Uempel,

Sorry if you got offended for asking where u are from. Didnt mean to !

Anyways, how did u predict the long cycle u bet on ? What indicator do u use in stockcharts?

Which long cycle AK84? By the way, I'm not offended, I'm just not answering!

Lol ok . The blue line in ur chart ? U said u were btting on going long ?

It's done with the fib cycle tool on stockcharts. Not yet sure if it's a long or a short...

SPX30.png

Wow -- that says something about how bearish this market is if one can't know if it is a long or short!

Any specific reason for picking Sep 6 as t=0? I am not very familiar with this tool. I would have thought the Aug 8 low would have been more significant.

[Cobra]

First post here Exited to be part of this amazing trading group. Lot of respect for Cobra, unempel, BullBear52x, AK84 and others.

Have been following you Cobra for 3 years now!
Truly amazing work. Thank You!

Thanks and welcome aboard!

[uempel]

No yet sure in which direction, or is cycle a dud?

[Cobra]

another test of the previous low, this time bulls have some chances, let's see.

[soku]

i read a dbl bottom on 1110 level

[ryshab]

There is just too much downtard momentum now. I think we need to see at least
a divergence to go up or a reversal. If we are able to break above 1135 then
we have a shot till 1150.

I think we see 1040 before 1170 again. Complete speculation on my part. I won't
touch any swing long till 1040.

My 2 cents
Complete speculation though.

spy 60 (for fun only)

[soku]

wow barclay just said gs to have loss of 35 cents this q.

any trading ideas on this one? i am thinking of short gs and jpm? any thoughts comments to share?

[AK84]

wow barclay just said gs to have loss of 35 cents this q.

any trading ideas on this one? i am thinking of short gs and jpm? any thoughts comments to share?

with a break of 97.84 , i see weekly target on GS @ 76!

[rola]

CAT IS ALLREADY TIRED

[AK84]

Short NFLX . breakdown from bear flag . Target 118

[wayne0708]

Double bottom forming?

[KENA]

wow barclay just said gs to have loss of 35 cents this q.

any trading ideas on this one? i am thinking of short gs and jpm? any thoughts comments to share?

Hi Soku..The chart doesent look to bad for a short.It may have have an up move coming if the the mkt turns green for a short time.

[BullBear52x]

not good even intraday

[AK84]

If SINA breaks 80.50 , its VERY VERY bearish for the stock. Its the break of a Monthly and weekly descending triangle. BIDU broke down already from its weekly trendline.

See what happened to SOHU once trendline on weekly got broken.

bye bye SINA

[soku]

heavy vol, very bearish breadth. u know what i just did.

[Mr. T]

heavy vol, very bearish breadth. u know what i just did.

What'd you just do?

[Cobra]

no good, the 3rd touch, may breakdown again...

[jarbo456]

more TOS problems today?

[Cobra]

breakdown indeed, but volume surge now, so may see rebound here. a consolidation instead of rebound is bad. let's see.

[hdenandy]

A little overdone yet again.

Taken another long position on the Dow at 10601 at £10 per point.