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10/18/2011 Intraday Watering

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flight23
Posts: 26
Joined: Tue Sep 27, 2011 3:03 pm

Re: 10/18/2011 Intraday Watering

Post by flight23 »

Movement at the end of the day had nothing to do with technicals, 100% to do with false rumors.
3pm: Guardian article about 2T bailout virtually agreed upon.
3:15: Merkel aid says no comment.
3:20-25: Source says amount not nearly 2T.
3:50: Source says rumors completely false.
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Cobra
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Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/18/2011 Intraday Watering

Post by Cobra »

trader0303 wrote:
Cobra wrote:now all you need to remember is cobrav, instead of long name.

also, cobramarketview.com = cobrasmarketview.com = cobrav.com, hopefully these eliminate some typing errors.
Cobra, you know we all have you as our home page anyways :lol:
thanks. :mrgreen: You'd have let me know earlier so that I can save some registering money. :mrgreen:

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txsky
Posts: 18
Joined: Tue Oct 11, 2011 4:09 pm

Re: 10/18/2011 Intraday Watering

Post by txsky »

It is amazing!
Thank you Cobra! Have a nice evening!
Cobra wrote:guys, I clearly said before the price surge: the 1st up leg since the Oct 4 wasn't over yet, right? That made my day! :lol: :mrgreen: :mrgreen:
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CognitiveDissonance
Posts: 430
Joined: Mon Aug 29, 2011 9:24 am

Re: 10/18/2011 Intraday Watering

Post by CognitiveDissonance »

MrMiyagi wrote:
Cobra wrote:the price holds well. if only could hold until the close, bears would be disappointed.
I don't see ANY reason today (short of fabricated news) that this price wouldn't hold.
Too bad I sold my TNA this morning but a profit is a profit.
It looks like the price spike came from fabricated news.
@cognitivebias1
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Unique
Posts: 3911
Joined: Tue Sep 06, 2011 3:19 pm

Re: 10/18/2011 Intraday Watering

Post by Unique »

Cobra wrote:well, guess that's if for today. life is full of surprise, there's nothing guaranteed in the stock market. I need dig more tonight. thank you guys, I'll see you tomorrow.
"I told ya", anything is possible these days :D

Bernanke days usually have wild swings...

Thanks Cobra, see you tomorrow.
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
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MrMiyagi
Posts: 10336
Joined: Sun Oct 16, 2011 12:48 pm

Re: 10/18/2011 Intraday Watering

Post by MrMiyagi »

Bullish engulfing candlestick on SPY, as far as my not too strong candlesticking skills detect.
Image
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ultramarine
Posts: 194
Joined: Fri Aug 26, 2011 9:25 am

Re: 10/18/2011 Intraday Watering

Post by ultramarine »

I can see that bonds did not confirm this move higher. The short bond ETFs like TBT made lower highs today compared with last week. Euro also.
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737controller
Posts: 43
Joined: Mon Sep 19, 2011 2:59 pm

Re: 10/18/2011 Intraday Watering

Post by 737controller »

Hope nobody has apple .....
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seekingknowledge
Posts: 164
Joined: Thu Aug 25, 2011 8:46 am

Re: 10/18/2011 Intraday Watering

Post by seekingknowledge »

Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
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newbie_77
Posts: 300
Joined: Fri Jul 29, 2011 1:47 pm

Re: 10/18/2011 Intraday Watering

Post by newbie_77 »

i guess there is first time for everything :D first miss ....
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Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/18/2011 Intraday Watering

Post by Cobra »

seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
well, finally that 100% beat rate is history. :roll:

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txsky
Posts: 18
Joined: Tue Oct 11, 2011 4:09 pm

Re: 10/18/2011 Intraday Watering

Post by txsky »

OMG!
seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
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MrMiyagi
Posts: 10336
Joined: Sun Oct 16, 2011 12:48 pm

Newton's law.

Post by MrMiyagi »

I surmised over and over about everyone expecting AAPL to beat earnings and there it is.
This might top the rally even with INTC and YHOO beating their estimates.
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seekingknowledge
Posts: 164
Joined: Thu Aug 25, 2011 8:46 am

Re: 10/18/2011 Intraday Watering

Post by seekingknowledge »

Cobra wrote:
seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
well, finally that 100% beat rate is history. :roll:
Amazing, hey?!
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jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 10/18/2011 Intraday Watering

Post by jarbo456 »

seekingknowledge wrote:
Cobra wrote:
seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
well, finally that 100% beat rate is history. :roll:
Amazing, hey?!
my question is...who the hell knew apple was going to miss and put out the EFSF bailout rumor at 3pm to ramp this market up before dumping into the close?!?!

-_-
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EvilTrader
Posts: 675
Joined: Tue Feb 15, 2011 2:40 pm

Re: 10/18/2011 Intraday Watering

Post by EvilTrader »

$NYMO posted negative divergence today.

If you want a reliable top signal, there you have it, with all the speculative drama. :lol:
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newbie_77
Posts: 300
Joined: Fri Jul 29, 2011 1:47 pm

Re: 10/18/2011 Intraday Watering

Post by newbie_77 »

but they guidance for next qtr is way above estimate...
* December quarter EPS: $9.30 vs. $8.96 expected
so they should be fine i.e market will be up tomorrow no matter what.
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seekingknowledge
Posts: 164
Joined: Thu Aug 25, 2011 8:46 am

Re: 10/18/2011 Intraday Watering

Post by seekingknowledge »

jarbo456 wrote:
seekingknowledge wrote:
Cobra wrote:
seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
well, finally that 100% beat rate is history. :roll:
Amazing, hey?!
my question is...who the hell knew apple was going to miss and put out the EFSF bailout rumor at 3pm to ramp this market up before dumping into the close?!?!

I couldn't agree with you more!! So glad others are thinking same thing. I have been b**ing to my husband about this! Total, total manipulation is what I told him. Three months of "in-your-face" manipulation in the market. Where the Sam-hill is the SEC??!

-_-
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seekingknowledge
Posts: 164
Joined: Thu Aug 25, 2011 8:46 am

Re: 10/18/2011 Intraday Watering

Post by seekingknowledge »

EvilTrader wrote:$NYMO posted negative divergence today.

If you want a reliable top signal, there you have it, with all the speculative drama. :lol:
That is, indeed, a good one! Thanks, EvilTrader! :D
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ActiveTrader
Posts: 64
Joined: Tue Feb 15, 2011 6:54 pm

Re: 10/18/2011 Intraday Watering

Post by ActiveTrader »

seekingknowledge wrote:
EvilTrader wrote:$NYMO posted negative divergence today.

If you want a reliable top signal, there you have it, with all the speculative drama. :lol:
That is, indeed, a good one! Thanks, EvilTrader! :D
There is clear negative divergence building between SPX and the McClellan Oscillator. See attachment.
mcclellanocs.png
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