12/05/2011 Intraday Watering

rhight · Post by **rhight** » Mon Dec 05, 2011 4:57 pm

SB73 wrote:
jimme wrote:
jarbo456 wrote:alright then. so who's holding short overnight?

i have to say, owning puts on XLF isn't really all that exciting. -_-
I am ready for the upcoming 2 day event.
yes sir 2/3 of the position.

I took out a discretionary short at SPX 1264 (200DMA) with a stop at 1275, risking $300 loss, via SDS. SPX 1275 is about 4 points above the downtrend from the July High. Expecting a minor swing low, not necessarily a new intermediate downtrend.

SB73 · Post by **SB73** » Mon Dec 05, 2011 4:59 pm

Just me, but I do not see a new high tomorrow. If we do I will be taken out of my shorts.

Post by **Cobra** » Mon Dec 05, 2011 4:59 pm

well, guess that's it for today. although the intraday action seems bearish but I won't make my bearish move too early after all this is against the trend. Thank you guys, I'll see you tomorrow.

jarbo456 · Post by **jarbo456** » Mon Dec 05, 2011 5:00 pm

wow. quite the kick save at the end of the day. took down a few of my shorts, but still holding the majority overnight. i'm not sure what's going on.

Al_Dente · Post by **Al_Dente** » Mon Dec 05, 2011 5:00 pm

cellphone wrote:The ball is in bear hands now

Well hello Bill
How's things?
U a fan of Cobra too?

StrikePrice · Post by **StrikePrice** » Mon Dec 05, 2011 5:01 pm

That's what you call Dow 12,000 support. Nice close.
Of course, I'm clueless and will guess a gap down and turnaround to a higher high tomorrow.

Petsamo · Post by **Petsamo** » Mon Dec 05, 2011 5:01 pm

6.3 million last buy on SPY. Looks like we gap up fellas.

jarbo456 · Post by **jarbo456** » Mon Dec 05, 2011 5:03 pm

Petsamo wrote:6.3 million last buy on SPY. Looks like we gap up fellas.

do you have stats on the last buy/sell predicting the next day's open?

jarbo456 · Post by **jarbo456** » Mon Dec 05, 2011 5:05 pm

SPY just got bid up another 50 cents post 4pm. wow.

Me XMan · Post by **Me XMan** » Mon Dec 05, 2011 5:06 pm

Oh yeah...stick save...more gap up tomorrow

jarbo456 wrote:SPY just got bid up another 50 cents post 4pm. wow.

Me XMan · Post by **Me XMan** » Mon Dec 05, 2011 5:07 pm

They gonna play this gap up and sell tomorrow.

Petsamo wrote:6.3 million last buy on SPY. Looks like we gap up fellas.

Buckethead · Post by **Buckethead** » Mon Dec 05, 2011 5:13 pm

Close at low of day not as good for gap down signal as closing OFF the lows.
I like how everyone is skeptical of a gap down

Petsamo wrote:6.3 million last buy on SPY. Looks like we gap up fellas.

jarbo456 · Post by **jarbo456** » Mon Dec 05, 2011 5:15 pm

Buckethead wrote:Close at low of day not as good for gap down signal as closing OFF the lows.
I like how everyone is skeptical of a gap down

Petsamo wrote:6.3 million last buy on SPY. Looks like we gap up fellas.

it was a kick save, but it didn't last long. SPY is settling at 126...all that buying into the close looked worse (for bears) than it ended up being.

Me XMan · Post by **Me XMan** » Tue Dec 06, 2011 10:04 am

I'm trading with my new Gap-up and Gap-down play today.
Have long and short positions on SPY as of yesterday close.

Cobra's Market View

Back to www.cobrasmarketview.com

12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering

Re: 12/05/2011 Intraday Watering