Back to www.cobrasmarketview.com

10/20/2011 Intraday Watering

Post Reply
Dow Trader
Posts: 733
Joined: Thu Feb 17, 2011 11:59 am

Re: 10/20/2011 Intraday Watering

Post by Dow Trader »

MrMiyagi wrote:Why are most of you selling your SPY/short/puts?
Because this pattern may playout and have to lock some profit here and reduce ( not all ) some of the risk.
It is good after this nice profit to wait for more clear signal
also we have 2 legs down as you can see
at least this is my view 8-)
Attachments
ES 71.JPG
Top
User avatar
champix
Posts: 551
Joined: Thu Apr 14, 2011 9:13 am
Location: PARIS

Re: 10/20/2011 Intraday Watering

Post by champix »

agnosia wrote:
tdo722 wrote:anyone buying long here?

i shorted 85 crude.
Same for me, but price action is not with us... will see ...
Top
User avatar
BullBear52x
Posts: 32006
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/20/2011 Intraday Watering

Post by BullBear52x »

tdo722 wrote:
BullBear52x wrote:
tdo722 wrote:anyone buying long here?
My speed. watch 200ma on 1min chart if it's buyable, not now no way.
I assume it's SMA?
Yes, I am not a fan of EMA, if you use TOS I favore Moving AverageTrianglar to smooth things out further.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Top
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 10/20/2011 Intraday Watering

Post by agnosia »

damn stopped out even. done for today, my mojo is off.
Top
User avatar
Petsamo
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 10/20/2011 Intraday Watering

Post by Petsamo »

Looks like we have a rally, fellas.
Twitter @jackwag0n
Top
User avatar
MrMiyagi
Posts: 10343
Joined: Sun Oct 16, 2011 12:48 pm

Re: 10/20/2011 Intraday Watering

Post by MrMiyagi »

Dow Trader wrote: Because this pattern may playout and have to lock some profit here and reduce ( not all ) some of the risk.
It is good after this nice profit to wait for more clear signal
also we have 2 legs down as you can see
at least this is my view 8-)
Thanks Dow Trader.
Top
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/20/2011 Intraday Watering

Post by Cobra »

very strong bull bar, game over for bears? :shock: :o
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.
Top
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 10/20/2011 Intraday Watering

Post by tdo722 »

Cobra wrote:very strong bull bar, game over for bears? :shock: :o
Is this a signal for going long master?
Top
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/20/2011 Intraday Watering

Post by Cobra »

well, at least I'm right about consecutive red bars. on the other hand, bulls can have as many as consecutive green bars as they like. this world never is fair, be a bear is a tough job.
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.
Top
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 10/20/2011 Intraday Watering

Post by jarbo456 »

Cobra wrote:very strong bull bar, game over for bears? :shock: :o
very odd to be so bullish with a fairly important announcement due out at 1:30. unless.....someone already knows that it's going to be good news?
Top
DRL
Posts: 70
Joined: Wed Jun 01, 2011 11:18 pm

Re: 10/20/2011 Intraday Watering

Post by DRL »

XLF moving averages on verge of all 3 ST averages pointing up. It is lso out of its DT channel.
Suggest bump up in SPY.
Attachments
XLF5Min20Oct.png
Top
vats
Posts: 46
Joined: Wed Aug 10, 2011 10:09 pm

Re: 10/20/2011 Intraday Watering

Post by vats »

:)
agnosia wrote:
tdo722 wrote:anyone buying long here?

i shorted 85 crude.
Yes, I have been short on USO at 34 and I would like to see at 32...
Top
User avatar
silicon_beaver
Posts: 524
Joined: Wed Feb 23, 2011 4:09 pm
Location: Beaverton OR

Re: 10/20/2011 Intraday Watering

Post by silicon_beaver »

it's lunch time. bull's attack is too early.
bear will pull it back.
market has proved an efficient attack should start before close, 15 ~ 30 min, time frame. otherwise, high cost.
Last edited by silicon_beaver on Thu Oct 20, 2011 1:05 pm, edited 1 time in total.
Top
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 10/20/2011 Intraday Watering

Post by agnosia »

Cobra wrote:well, at least I'm right about consecutive red bars. on the other hand, bulls can have as many as consecutive green bars as they like. this world never is fair, be a bear is a tough job.
great call on that one cobra.
Top
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 10/20/2011 Intraday Watering

Post by tdo722 »

Target 124.50 to 125.77
Top
stockcycle
Posts: 329
Joined: Fri May 20, 2011 6:31 am
Location: Vietnam
Contact:
Contact stockcycle

Re: 10/20/2011 Intraday Watering

Post by stockcycle »

It may be a reversal (Buying signal) if SPX breakout the 1207.
Attachments
SPX.png
Top
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/20/2011 Intraday Watering

Post by Cobra »

resistance plus volume surge, but bears need pray...
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.
Top
User avatar
silicon_beaver
Posts: 524
Joined: Wed Feb 23, 2011 4:09 pm
Location: Beaverton OR

Re: 10/20/2011 Intraday Watering

Post by silicon_beaver »

silicon_beaver wrote: :mrgreen: :mrgreen: :mrgreen:

I was so eager to get in FAS at that time.

switching into bear camp. to load FAZ
Top
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 10/20/2011 Intraday Watering

Post by jarbo456 »

hmmmm....there some support, but not nearly enough in /cl, euro, /dx, TLT, and or even TVIX to have me convinced yet.

SPY spiked up to it's 10am levels, but all the above instruments are far off their 10am levels.
Top
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 10/20/2011 Intraday Watering

Post by tdo722 »

anyone going long yet? i want to join. :)
Top
Post Reply

Return to “Traders Lounge”