12/01/2011 Intraday Watering

[cougar]

SPY fast renko: some support here!

[ctu688]

oil is getting a pretty good pounding. not quite ready to go long again, but am watching it.

USO looks like a double top breaking down to me. Are you going to long or short?

[barbaragull]

Boring ...

[Al_Dente]

Internals 5 days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245360380

“Consumers Spent $1.25 Billion Online on Cyber Monday, up 22 Percent” http://www.auctionbytes.com/cab/abn/y11/m11/i30/s04

http://www.youtube.com/watch?v=zfxBqm9k ... re=related

[jarbo456]

oil is getting a pretty good pounding. not quite ready to go long again, but am watching it.

USO looks like a double top breaking down to me. Are you going to long or short?

unless 97 and more definitively 96 is taken out on /cl, i don't think you can do anything but find a place to go long oil.

[Dow Trader]

closed the scalping long at 1243.50 + 3.00

[cougar]

Internals 5 days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245360380

“Consumers Spent $1.25 Billion Online on Cyber Monday, up 22 Percent” http://www.auctionbytes.com/cab/abn/y11/m11/i30/s04

http://www.youtube.com/watch?v=zfxBqm9k ... re=related

Thanx Al! Good to know!

[Petsamo]

if UUP kick starts the $22.09 or higher program then we got a rally to the dark side. Otherwise, JBTFD!

Thank goodness for Google. Now I know what JBTFD stands for.

[Petsamo]

Boring ...

You didn't see the shorting opportunity?

[tdo722]

Internals 5 days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245360380

“Consumers Spent $1.25 Billion Online on Cyber Monday, up 22 Percent” http://www.auctionbytes.com/cab/abn/y11/m11/i30/s04

http://www.youtube.com/watch?v=zfxBqm9k ... re=related

Thanx Al! Good to know!

Wow, first time hearing ms. krauss and I have to admit she's very good.

[barbaragull]

Boring ...

You didn't see the shorting opportunity?

I didn't, although I have some short position, waiting to unload , after that I hope for a wild rally

[Xian]

Has anyone worked out any hypotheticals or scenarios regarding tomorrow"s NFP?

For example, expectations seem to be rising. If the number disappoints or we have a
"sell the news" reaction, would that follow Cobra's pattern of open red, close green? Would it be a "pivot day"? Conversely, if the number is a blow out (not my hunch), do we open green, touch or get near the 200 on the S&P and close red— also, per Cobra's pattern?

I'm not as skilled as the other members of this board and apologize in advance if the above statements are too rudimentary OR I've misread or misinterpreted any of Cobra's patterns or theories.

rumor from yesterday says beat with comfortable cushion. this is the reason for the rally from 1230 to 1245. it is quiet now. personally i don't expect anything "unexpected".

Thanks Stike and Soku!

[uempel]

Update with ellipses

[Cobra]

we may revisit the morning low, or may not, I'm not sure, I just mean, nothing interesting to say now, it's a range day so far.

[noob]

Got a quick question Cobra, what was the $ONE:$TED indicator you used last night? Thanks!

[BullBear52x]

I still see it as bear flag

[soku]

my double cloud chart

Soku: very nice!

do you use corona? what's yr setting? i can never make it straight.

Sorry for my ignorance: what is "corona"?

damn, u don't know corona? u from mars? what are you drinking?

[waw4]

I still see it as bear flag

BullBear52x,
If you don't mind my asking,
1. What do your yellow rectangles represent?; and,
2. How are they derived/created?

Thanks

[cougar]

my double cloud chart

Soku: very nice!

do you use corona? what's yr setting? i can never make it straight.

Sorry for my ignorance: what is "corona"?

damn, u don't know corona? u from mars? what are you drinking?

LOL! Oh..that CORONA?! Yes, I love that one!
I thought it was some charting system...

[Petsamo]

USO looks like it has a double bottom