Back to www.cobrasmarketview.com

11/25/2011 Intraday Watering

wayne0708
Posts: 815
Joined: Sat Sep 03, 2011 6:37 am

Re: 11/25/2011 Intraday Watering

Post by wayne0708 »

Cobra wrote:it's H1 long and possible double bottom, looks promising. praying............................. :roll:
i am praying hard
User avatar
Cobra
Site Admin
Posts: 58335
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/25/2011 Intraday Watering

Post by Cobra »

a failed double bottom would mean continue down hard because all those bulls who took the bait would have to cut when the pattern failed thus a sharp breakdown below double bottom low. I think that's it for today, the bottom line, the low wasn't in yet, even though we may see huge rebound soon. Thank you guys, I'll see you the next Monday. Have a great Thanksgiving holiday!
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
HighRev
Posts: 78
Joined: Tue Oct 11, 2011 3:55 pm

Re: 11/25/2011 Intraday Watering

Post by HighRev »

Earth people bears selling (or shorting?) the low volume, holiday hole.

Inverted hammer on the daily.
CH37
Posts: 95
Joined: Wed Sep 21, 2011 12:07 am

Re: 11/25/2011 Intraday Watering

Post by CH37 »

today, in red, then, Monday would not have another downside gap.
8-) 8-)
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 11/25/2011 Intraday Watering

Post by tdo722 »

Who's brave enough to hold long over the weekend? lol.
User avatar
MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

Re: 11/25/2011 Intraday Watering

Post by MrMiyagi »

Not even close to my 116.94$ call today.
User avatar
HighRev
Posts: 78
Joined: Tue Oct 11, 2011 3:55 pm

Re: 11/25/2011 Intraday Watering

Post by HighRev »

Ouch! Market on close orders!

Add: Marubozo on the weeklies with a gap at the top. Ain't a pretty sight.
Last edited by HighRev on Fri Nov 25, 2011 2:06 pm, edited 1 time in total.
User avatar
Cobra
Site Admin
Posts: 58335
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/25/2011 Intraday Watering

Post by Cobra »

HighRev wrote:uempel, how do you duplicate objects in StockCharts?
click and hold control key.

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
HighRev
Posts: 78
Joined: Tue Oct 11, 2011 3:55 pm

Re: 11/25/2011 Intraday Watering

Post by HighRev »

Thanks!
User avatar
mac769
Posts: 183
Joined: Thu Jun 23, 2011 9:27 am

Re: 11/25/2011 Intraday Watering

Post by mac769 »

Anaconda wrote:A break of 2 standard deviations from the mean, within 2 days? If so, this market really, really wants to go lower. Watch closely... And good luck.
I agree, we still have some days left for the LOW, somewhere around 1120, and IF this fails, then we can go much much lower....

Also, the bulls look REALLY weak, they cannot even get their act together on a very low volume day with very positive historical performance :ugeek:
Attachments
Capture.PNG
User avatar
dcurban1
Posts: 297
Joined: Thu Oct 20, 2011 1:59 pm
Contact:

Re: 11/25/2011 Intraday Watering

Post by dcurban1 »

tdo722 wrote:Who's brave enough to hold long over the weekend? lol.
I nibbled at a gold stock. Valuations are just ridiculous at these levels.
User avatar
dcurban1
Posts: 297
Joined: Thu Oct 20, 2011 1:59 pm
Contact:

Re: 11/25/2011 Intraday Watering

Post by dcurban1 »

The late day selloff came on news the Belgium has been downgraded.

Portugal yesterday and Belgium today.

Let's hope this is all the bad news and we can get a rally next week.
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 11/25/2011 Intraday Watering

Post by Me XMan »

Buy when others are afraid?
mac769 wrote:
Anaconda wrote:A break of 2 standard deviations from the mean, within 2 days? If so, this market really, really wants to go lower. Watch closely... And good luck.
I agree, we still have some days left for the LOW, somewhere around 1120, and IF this fails, then we can go much much lower....

Also, the bulls look REALLY weak, they cannot even get their act together on a very low volume day with very positive historical performance :ugeek:
mozart
Posts: 126
Joined: Sat Oct 15, 2011 9:42 pm
Location: Toronto

Re: 11/25/2011 Intraday Watering

Post by mozart »

The closing doesn't look promising for next week. More downside.
Some heavy selling in last 15min on Dow, just like Wed.
Dow, last minute, volume was 17.89 mil, big red bar.
It looks like liquidation on the way to me.
Liquidity is drying up, failed auction of German bonds the other day.
rpccharts
Posts: 440
Joined: Fri Jul 29, 2011 10:41 am

Re: 11/25/2011 Intraday Watering

Post by rpccharts »

Buy? EUROPE IS TOAST...... 400 ES is a decent buy target :idea:
Post Reply