12/01/2011 Intraday Watering

[Cobra]

I'm clueless, the bias is still up because I see the pullback as 2 legged already, so not strong, therefore the bias should be up?

[Cobra]

So what do you expect now Cobra?

no clue, the bias is still up.

Cobra is waiting for red farm roll day for reversal down

I won't be a red NFP tomorrow.

[Al_Dente]

ATTENTION ALL PEOPLE… BREAKING NEWS ALERT (REUTERS)…RE: CHRISTMAS IN WASHINGTON D.C.
The U.S. Supreme Court has just issued a ruling that there cannot be a public nativity scene in Washington D.C. this Christmas.
They did not cite any religious or constitutional reasons.
Rather, they noted that they simply could not find three wise men and a virgin in our nation's capitol.
They was no problem however, finding enough a$$es to fill the stable.

[HappyFriday]

If the market cannot go down any more, it has to go up. Basic earth people' law !
Buy buy buy

[CMT]

Look at all these bullish bets out there now, I'll use that as a nice sentiment indicator!

[noob]

So what do you expect now Cobra?

no clue, the bias is still up.

Cobra is waiting for red farm roll day for reversal down

I won't be a red NFP tomorrow.

You mean you don't think there will be?

[tdo722]

Look at all these bullish bets out there now, I'll use that as a nice sentiment indicator!

how can you not be? QE3 started yesterday. lol......................

[cougar]

Yo Baron von SantaBB52x: real dudes don’t “go shopping”
http://www.youtube.com/watch?v=ewx0kWCp ... re=related

they do however need frequent updates on chop days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245360380

Great, Al!
Today was a day-traders’ paradise!

I used the UPRO 1 min chart, not to day trade, but to slowly construct a new time spread:
Long SPY Dec 17 puts
Short SPY Dec 09 puts

UPRO update:

you're long SPY DEC 117 puts?
short SPY DEC 109 puts?

a bearish debit of .50?

NO!I am afraid my previous post was incomplete!
I bought SPY125 Dec 17 puts
...and:
I sold (to open) SPY125 Dec O9 puts
…where Dec 17 and Dec 09 are the expiration dates and 125 is the strike (for both legs)
That makes it a time spread.

[Cobra]

indeed it's up, now watch blue line, another failure there would not be fun anymore.

[Tabby]

99er said to call the Dr. yesterday. Nobody did!!!!!!!!!!!!!!!He diagnosed right.

[CMT]

Look at all these bullish bets out there now, I'll use that as a nice sentiment indicator!

how can you not be? QE3 started yesterday. lol......................

Ha, that will not even come close to saving French banks, all that did was save their nationalization status for not even two weeks.

[BlackThought]

bought a bunch of january puts today. shorted INHX at 15.70 avg

[newbie_77]

master cobra,
3rd time is a charm we have to go up ... ... till tuesday.. then it will be 7 days up and we start our leg down right?

indeed it's up, now watch blue line, another failure there would not be fun anymore.

[jarbo456]

Yo Baron von SantaBB52x: real dudes don’t “go shopping”
http://www.youtube.com/watch?v=ewx0kWCp ... re=related

they do however need frequent updates on chop days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245360380

Great, Al!
Today was a day-traders’ paradise!

I used the UPRO 1 min chart, not to day trade, but to slowly construct a new time spread:
Long SPY Dec 17 puts
Short SPY Dec 09 puts

UPRO update:

you're long SPY DEC 117 puts?
short SPY DEC 109 puts?

a bearish debit of .50?

NO!I am afraid my previous post was incomplete!
I bought SPY125 Dec 17 puts
...and:
I sold (to open) SPY125 Dec O9 puts
…where Dec 17 and Dec 09 are the expiration dates and 125 is the strike (for both legs)
That makes it a time spread.

gotcha. i was way off. so a time spread on weeklies. interesting.

[Cobra]

master cobra,
3rd time is a charm we have to go up ... ... till tuesday.. then it will be 7 days up and we start our leg down right?

indeed it's up, now watch blue line, another failure there would not be fun anymore.

, hey, you know everything now,

[bullybear]

So what do you expect now Cobra?

Here what I expect -- if the bull don't work we try dog, we always have to try twice, 3rd time charm

[newbie_77]

hello cougar,
if you donot mind me asking. do you construct these spread at the same time or you take certain position and build the spread later dates?

Yo Baron von SantaBB52x: real dudes don’t “go shopping”
http://www.youtube.com/watch?v=ewx0kWCp ... re=related

they do however need frequent updates on chop days
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =245360380

Great, Al!
Today was a day-traders’ paradise!

I used the UPRO 1 min chart, not to day trade, but to slowly construct a new time spread:
Long SPY Dec 17 puts
Short SPY Dec 09 puts

UPRO update:

you're long SPY DEC 117 puts?
short SPY DEC 109 puts?

a bearish debit of .50?

NO!I am afraid my previous post was incomplete!
I bought SPY125 Dec 17 puts
...and:
I sold (to open) SPY125 Dec O9 puts
…where Dec 17 and Dec 09 are the expiration dates and 125 is the strike (for both legs)
That makes it a time spread.

[chocobee]

99er said to call the Dr. yesterday. Nobody did!!!!!!!!!!!!!!!He diagnosed right.

Where is he? I need his Gold update

[StrikePrice]

Now waiting for the breakout.

[Me XMan]

Try one more time. Sell-stop at $124.80. Buy-stop $125.40
Gonna cover both ends.

indeed it's up, now watch blue line, another failure there would not be fun anymore.