Back to www.cobrasmarketview.com

10/31/2011 Intraday Watering

User avatar
waverider
Posts: 863
Joined: Thu Aug 18, 2011 4:24 pm

Re: 10/31/2011 Intraday Watering

Post by waverider »

Dallas Fed 2.3, higher than expected -5...
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
stockcycle
Posts: 329
Joined: Fri May 20, 2011 6:31 am
Location: Vietnam
Contact:

Re: 10/31/2011 Intraday Watering

Post by stockcycle »

The Japan money intervention has directly made USD index higher and this in turn indirectly affected to EUR/USD to the downside. This action ought to be considered very short term. EUR/USD seems to find support at 1.397 (The Fib. Entrancement 61.8 of 1.425 and 1.3798). Bullishers may find this pullback as a chance to buy. My stocks under the radar are: ACOM GBG BRKR MITK and JVA. I got some charts in http://cyclestockmarketwinner.blogspot.com/
User avatar
soku
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 10/31/2011 Intraday Watering

Post by soku »

soku wrote:cnbc said mf halting caused energy trading disruption.
will it cause market liquidation?
wow mf filed bk? this is big in energy and interest world

add: jpm is the largest unsecured creditor of mf.
The goal is not uniformity. It is understanding and idea exchange.
User avatar
Grizzly
Posts: 58
Joined: Wed Aug 31, 2011 10:18 am

Re: 10/31/2011 Intraday Watering

Post by Grizzly »

Look at FAS... not going up...
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 10/31/2011 Intraday Watering

Post by 99er »

User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 10/31/2011 Intraday Watering

Post by Me XMan »

What's better than selling into bullish months?
User avatar
BullBear52x
Posts: 32006
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/31/2011 Intraday Watering

Post by BullBear52x »

Al_Dente wrote:PAGING BB52x
Yo BB: ‘bout time u started seeing red…. just 4 u, my favorite bear: http://www.youtube.com/watch?v=qhdUucs8 ... re=related
GM,
Thanks Al for the nice song.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/31/2011 Intraday Watering

Post by Cobra »

L2 short plus I see 3 push up, so could be 2 leg down 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.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/31/2011 Intraday Watering

Post by Al_Dente »

A powerful INTERMEDIATE-TERM signal for bulls:
The standard Stock/Bond Ratio issued a “buy stock” signal on Friday. The last such buy signal was Sept ’10, prior to that was the buy signal in April ‘09. The Stock/Bond Ratio is widely followed by intermediate and long termers. My rule forces me to wait a bit for a confirmed MA cross, which helps me avoid whipsaws in a longer term account, but I don’t know anyone else who uses such a rule.
http://stockcharts.com/h-sc/ui?s=$SPX:$ ... =247548371

Then, JUST FOR FUN ONLY, compare the simple stick charts, showing the liftoff from the ’09 bottom, to today’s.
’09… http://stockcharts.com/h-sc/ui?s=SPY&p= ... =244427973
Today http://stockcharts.com/h-sc/ui?s=SPY&p= ... =244428126
2009 shows a month+ of backtesting the 200ma (the green-dotted line behind $SPX is $USD dollar).
The action at the 200ma is very important, as that MA (and the 50ma) are the most “famous” MAs in our industry. Crossing the 200ma hits all the news chanels when it occurs. And many folks (the thundering herd, if you will), make their portfolio-allocation decisions based on that MA, in conjunction with the Stock/Bond Ratio… Then, compare the action at the 200ma during last year’s correction:
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =244468477
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
rocstocktrader
Posts: 100
Joined: Fri Aug 26, 2011 3:36 pm

Re: 10/31/2011 Intraday Watering

Post by rocstocktrader »

Stock market article: “Phil’s Stock World Weekly Euphoria”

http://stk.ly/qYFCaS
User avatar
silicon_beaver
Posts: 524
Joined: Wed Feb 23, 2011 4:09 pm
Location: Beaverton OR

Re: 10/31/2011 Intraday Watering

Post by silicon_beaver »

H-m-m,
on my watch radar, TZA, FAZ and ERY are only three green.
oils, hi-tech, finance, solar,... all in big red.

To close my ERY and FAZ calls. But hope to see a LL after 10:30am.
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 10/31/2011 Intraday Watering

Post by 99er »

So honey...are you wearing your clown suit tonight?

http://globaleconomicanalysis.blogspot. ... thout.html

No. The Europeans already stole the idea.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/31/2011 Intraday Watering

Post by Al_Dente »

BullBear52x wrote:
Al_Dente wrote:PAGING BB52x...Yo BB: ‘bout time u started seeing red…. just 4 u, my favorite bear: http://www.youtube.com/watch?v=qhdUucs8 ... re=related
GM,Thanks Al for the nice song.
BB: Sure the mkt is lively today, but we do have time to hear any details you’d like to share from Friday’s Halloween Party.
We’re “correcting” now, probably too soon for this song …. better not click on it yet… don’t want to jinx the bear…
Don’t click here…not yet :arrow: :arrow: http://www.youtube.com/watch?v=_1uunRdQ61M

Best just click here for intraday internals:
http://stockcharts.com/h-sc/ui?s=$NYDEC ... =246211365
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
wayne0708
Posts: 815
Joined: Sat Sep 03, 2011 6:37 am

Re: 10/31/2011 Intraday Watering

Post by wayne0708 »

Cobra:
Please say consolidation here is good for bears. Is it me or today pattern looks like a bear flag?
wayne0708
Posts: 815
Joined: Sat Sep 03, 2011 6:37 am

Re: 10/31/2011 Intraday Watering

Post by wayne0708 »

Starting next leg down!
gibbledygook
Posts: 3
Joined: Thu Oct 27, 2011 10:37 am

Re: 10/31/2011 Intraday Watering

Post by gibbledygook »

User avatar
Petsamo
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 10/31/2011 Intraday Watering

Post by Petsamo »

wayne0708 wrote:Cobra:
Please say consolidation here is good for bears. Is it me or today pattern looks like a bear flag?
IWM is trending higher, and that's not good for the bears.
Twitter @jackwag0n
User avatar
EvilTrader
Posts: 675
Joined: Tue Feb 15, 2011 2:40 pm

Re: 10/31/2011 Intraday Watering

Post by EvilTrader »

holding my shorts.

:twisted: :lol:
Post Reply