11/01/2011 Intraday Watering

[fehro]

lower? or much lower....

[pady]

What was that jump only in S&P but not in SPy ? To 1239 ???

[EvilTrader]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

Who blamed you ? The losers.

Its all probability and you are MORE THAN RIGHT by showing the high probability charts.

Once in every ten situations, a guy will lose money and will come out shouting at Cobra saying it does not work, but he probably wasnt there when it DID work the previous 9 times.

You guys better understand a probabilistic world or give your money to charity, because gonna lose it all.

[Al_Dente]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!
I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

King Cobra: We love NYMO, we love ChiO, we love ALL your stuff. And we LOVE you.
Ignore the haters, and keep up the GREAT work.

[Almo99]

You guys all know by now I blew up my account being into weekly puts last week.. Well, with what I had left, I went AGAIN into weekly puts yesterday... only to sell them when Cobra started talking about an inverted H&S...

So, instead of making a quadruple this morning at the open and be back into the game, I scalped $10. LOL.

I'm new to this also but the one thing I have learned is to always wait for confirmation of a breakdown or breakout on these set-ups. Too many fake set-ups. It's also almost impossible to sell at the very top or buy at the very bottom. better to wait for the trend to show itself and get in correctly.

[Cobra]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

you shouldn't be pissed off. it's exactly this kind of comments of disbelief that make this indicator work. think what would have happened if everybody acted on this signal.

yes, I actually have a law on this kind of comment. It worked 100% of time.

I used to easily get blamed, now I'm much better than I was 3 years ago and I'm mostly right (no matter you agree or disagree), but still when sentiment high, people would jump out saying: pay attention to big trend, why you tell us we should have a pullback, that doesn't matter, the trend is up! This is the most blames I got nowadays Which is really interesting. I wonder, in another 3 years (I'm sure I'd even better), what I would get for blame?

[HappyFriday]

Huge gap down below yesterday's range so most likely the gap won't be filled today.

The red bar on Global ES becomes larger and larger, so more and more like an exhaustion bar, therefore my guess is we might see some rebound upon open, such a rebound usually is a sell opportunity. Well, I really mean usually, nowadays, the market goes straight line, interesting.

Yes, Master Cobra, saleable rally. BTW, my kids got big Candy Cobra last night.

[finman66]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

you shouldn't be pissed off. it's exactly this kind of comments of disbelief that make this indicator work. think what would have happened if everybody acted on this signal.

Cobra, I know it's hard to ignore criticism but many of us that are normally silent really appreciate all the hard work and effort you put into sharing what you have learned. THANK YOU !!

[Cobra]

rebound as I expected. still not enough, we're way too stretched!

[L_T]

AL_DENTE what are you thinking about your $SPX:$UST comment from yesterday? Have the MAs crossed yet? I thought it looked interesting.

[mac769]

the open. way too stretched, so should be a rebound of some kind.

"The time to buy is when there's blood in the streets."

Thanks to Baron Rothschild, we should buy once the SPY is above 122.75ish or so....

but this is probably not for the faint-hearted investor

Read more: http://www.investopedia.com/articles/fi ... z1cShNm2Tu

[silkway]

Are we going to spy 1190? There was a P-bar pointed in last Thursday.

[jarbo456]

i guess ISM was not so great according to this large red bar.

[pidge66]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

Cobra,

You have to expect people of all mix reading you posts. You can't please everyone. And don't try to please everyone, or you'd just be another politician. If you want to find rude comments, read The Fly's blog on ibankcoin.com. Civilized complaints are nothing compared to a lot of responses he gets regularly.

[Cobra]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

you shouldn't be pissed off. it's exactly this kind of comments of disbelief that make this indicator work. think what would have happened if everybody acted on this signal.

Cobra, I know it's hard to ignore criticism but many of us that are normally silent really appreciate all the hard work and effort you put into sharing what you have learned. THANK YOU !!

I admit nowadays I easily get pissed off because I've been blamed for the past 5 years, no matter what I do. So I'm getting very impatient now. I know it's a bad sign as no one is the god in the stock market so I'll try my best to calm down and listen to everyone. I sure will try.

[uempel]

Micro picture, big picture:

[igor1309]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

you shouldn't be pissed off. it's exactly this kind of comments of disbelief that make this indicator work. think what would have happened if everybody acted on this signal.

Cobra, I know it's hard to ignore criticism but many of us that are normally silent really appreciate all the hard work and effort you put into sharing what you have learned. THANK YOU !!

+1

[waverider]

i guess ISM was not so great according to this large red bar.

50.8 vs 52 expected, not terrible. German CDS up 13 bps to 97.5 bps according to Tyler, lol...

[Al_Dente]

AL_DENTE what are you thinking about your $SPX:$UST comment from yesterday? Have the MAs crossed yet? I thought it looked interesting.

Hi wavy, I'm not even going to look at it today..... just to continue the "haters" thread for one more moment:

PAGING KING COBRA
I finally found that feature of yours where I can “ignore” my “foes”
Top of my list were folks that disrespect you FOR ANY REASON
I can’t let them distract me with their immature nonsense
What a slick and FAST board this is now that I’ve got it streamlined...

[Bezz]

I admit nowadays I easily get pissed off because I've been blamed for the past 5 years, no matter what I do. So I'm getting very impatient now. I know it's a bad sign as no one is the god in the stock market so I'll try my best to calm down and listen to everyone. I sure will try.

This is your board, just ban those ppl who give you problems or who create trouble