Back to www.cobrasmarketview.com

09/29/2011 Intraday Watering

User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/29/2011 Intraday Watering

Post by Cobra »

a little too stretched plus volume surge, so hopefully a rebound of some kind here.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 09/29/2011 Intraday Watering

Post by cougar »

Nice, RPC!
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 09/29/2011 Intraday Watering

Post by 99er »

cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 09/29/2011 Intraday Watering

Post by cougar »

Cobra wrote:a little too stretched plus volume surge, so hopefully a rebound of some kind here.
Excellent calls Cobra! The FORCE is with you!
rpccharts
Posts: 440
Joined: Fri Jul 29, 2011 10:41 am

Re: 09/29/2011 Intraday Watering

Post by rpccharts »

US dollar is the new bull it appears... GOOD for US holding CASH
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 09/29/2011 Intraday Watering

Post by agnosia »

Richarab wrote:
still holdin... down we go...
nice one ... you should be using stops though or at least have a mercy point. if you find yourself nervous or anxious while trading it's probably because you're not managing risk properly.
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 09/29/2011 Intraday Watering

Post by agnosia »

we bounced exactly at the 38% retracement of the 1190 to 1102 move in /es and at the 23.6% retrace of the spx 1231 to 1114 move. will this hold?
jaijailyc
Posts: 141
Joined: Sat Aug 06, 2011 5:33 pm

Re: 09/29/2011 Intraday Watering

Post by jaijailyc »

I got nervous and exited half my position .. and minutes after the break down. hahaha never seems to fail. Whenever I get nervous and exit half my position.. u guys should add to it haha.
agnosia wrote:
Richarab wrote:
still holdin... down we go...
nice one ... you should be using stops though or at least have a mercy point. if you find yourself nervous or anxious while trading it's probably because you're not managing risk properly.
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 09/29/2011 Intraday Watering

Post by jarbo456 »

kind of a strong rebound.
User avatar
BullBear52x
Posts: 32006
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/29/2011 Intraday Watering

Post by BullBear52x »

Gap set up, this time is different right? I preferred no gap down, hate to get back up to refill it :lol:
Attachments
spy.JPG
Last edited by BullBear52x on Thu Sep 29, 2011 2:32 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullTart
Posts: 398
Joined: Thu Sep 01, 2011 12:23 pm

Re: 09/29/2011 Intraday Watering

Post by BullTart »

Last chance for trapped bulls to get out.... good place to load shorts... last touch of yesterday's low before we flush to the close.

Wish I had more dry powder to add to my TVIX positions here, but already all in!
Attachments
Clipboard04.png
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 09/29/2011 Intraday Watering

Post by agnosia »

jaijailyc wrote:I got nervous and exited half my position .. and minutes after the break down. hahaha never seems to fail. Whenever I get nervous and exit half my position.. u guys should add to it haha.
the market is just one big reflection of the inner workings of the human collective psyche :)
User avatar
tapesense
Posts: 70
Joined: Thu Mar 24, 2011 4:34 pm

Re: 09/29/2011 Intraday Watering

Post by tapesense »

ES 1148 could get another 10 up, otherwise..
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/29/2011 Intraday Watering

Post by Cobra »

whether this is just a back test, we'll know soon. so far looks like a bear flag.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
heavenskrow
Posts: 1030
Joined: Tue Aug 16, 2011 11:17 am
Contact:

Re: 09/29/2011 Intraday Watering

Post by heavenskrow »

I see death upon thee
pady
Posts: 382
Joined: Mon Aug 29, 2011 3:22 am

Re: 09/29/2011 Intraday Watering

Post by pady »

Cobra,

It will be very useful for beginners like me if you can start a thread where some folks from here can advise on stop loss management. I really have no idea what to do. Especially my TSL where i end up not maximizing my profit.

Thx
User avatar
silicon_beaver
Posts: 524
Joined: Wed Feb 23, 2011 4:09 pm
Location: Beaverton OR

Re: 09/29/2011 Intraday Watering

Post by silicon_beaver »

no position. stay sideline.
similar pattern to yesterday's
wathching the falling at end of day.
JustTrading
Posts: 39
Joined: Fri Feb 25, 2011 3:45 pm

Re: 09/29/2011 Intraday Watering

Post by JustTrading »

Cobra,

What do the past couple of days tell you about whether your "yellow" area in you chart on Monday. Does it say the bears are stronger...and if so, what is the implication for tomorrow and next week? Thanks.

Jeanette
headfirst
Posts: 10
Joined: Thu Sep 29, 2011 12:27 pm

Re: 09/29/2011 Intraday Watering

Post by headfirst »

momos starting to catch a bid. shorted GMCR, but now long, target 97
User avatar
Petsamo
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 09/29/2011 Intraday Watering

Post by Petsamo »

SPY has an intraday double bottom.
Twitter @jackwag0n
Post Reply