12/07/2011 Intraday Watering

[lqiantobe]

Cobra, so the trend is down today, and two pullbacks?

Yes, I think the 1st leg was just over, still missing the 2nd leg.

recently, 2nd leg alway was missing

[quientuves]

SP rebounds exactly at EMA377 in 5min. chart... I think it will try it again... hope it succeeds...

[JTrader]

I'll try to be like 99ER.

Weee! Honey. We're going skiing today.

LOL, I like your humor!

Cobra, I'm going to start paying you. I took some monies and shorted almost exactly at the high yesterday afternoon based on your previous day's report. Well done, and thank you!!!

Thanks and then hurry, lock in your $10 membership. I'm thinking of closing the door now.

I did it immediately following that post. I'm in! Now, please make this market roll back over. It was more fun being short an hour ago! :-p

[Major]

Have read this board for some time and joined Sunday.

Hope knowledge gained on the board will help me alter my experience with the 50-50-90 rule.

I don't have anywhere near the working capital nor the securities experience that clearly many of the board's member have.

Because of that, I will not make a nuisance of myself with a lot of questions but hope that the folks on this board will be willing to help me when I ask.

Thanks and welcome aboard!

Also, just registered on http://www.cobrasmarketview.com.

[knock]

we got sell, now everyone know where the screaming sell is right? this one will be for real because the overall bearish tone is slow and calm.

paging...

[Petsamo]

Rebound's a little strong

[swayne99]

Watch AAPL - if it breaks 388.40 it will explode higher taking the market with it

[champix]

GM ALL,
I plan to go long CL in 99.80/100 area (stop loss 99.55) if real sell on equities...
Good luck !

Update... long @ 99.82, target 100.45 for half... stop loss even !

100.45... first target reached

[BullBear52x]

most indexes bounce off 38.2% Fib fan, now the next selling wave should occur in next few minutes, the next selling wave need to take out LOD if bears mean business.

[jarbo456]

Rebound's a little strong

just a little?

we're 3 cents from the open. LOL

[StrikePrice]

Alt Count is in Wave B looking to Complete C around 1,240 and then we go into the end of year rally Demark predicted. That would complete a nice A(1,293)-B(1,159)-C(1,330) for the 4th quarter rally.

This recent price action reminds me a lot of the A-B of the previous rally where we were hanging out around 1,191. To turn me strongly Bearish the market needs a Bear claw smack down below 1,233 and into that gap support.

[Al_Dente]

Have read this board for some time and joined Sunday.

Hope knowledge gained on the board will help me alter my experience with the 50-50-90 rule.

I don't have anywhere near the working capital nor the securities experience that clearly many of the board's member have.

Because of that, I will not make a nuisance of myself with a lot of questions but hope that the folks on this board will be willing to help me when I ask.

You ask... we will help if we can

[KENA]

The Dorsey Wright NYSEBP turned to X's so this is a plus for the bulls..Had good trading this morning..Still holding my longs and sold my hedge For lunch monry and will hedge again to hold over night.This depends on how the day goes.Lets see.

[soku]

fyi
Cognitive Dissonance Reigns As Risk Sentiment And Positioning Diverge
http://www.zerohedge.com/news/cognitive ... ng-diverge

[fehro]

green Triangle?... a couple more days of chop?

[Al_Dente]

we got sell, now everyone know where the screaming sell is right? this one will be for real because the overall bearish tone is slow and calm.

Dude where u been? I missed yr great charts, plus no one else to pick on here, dang
http://www.youtube.com/watch?v=KbTzVKhw64o

[Former Virgin]

Cobra and the rest,

Been watching this site for a couple years and lurking for a long while.

Just paid my money as well and went ahead and registered. Figured it was a the smallest return for the insight all of you have provided.

Many thanks.

FWIW I'm holding onto TVIX at the moment hoping for the downside. I'm not feeling as good about it as I did a while back but don't have that sick feeling either. Not far from break-even at the moment.

All my best

"I respect French Maids for their Minds"

[Me XMan]

Damn this DCB is messing with my head

most indexes bounce off 38.2% Fib fan, now the next selling wave should occur in next few minutes, the next selling wave need to take out LOD if bears mean business.

[Cobra]

OR high as resistance, breakout then my 80% chances target failed the 5th time (out of 10) this month, so far only 50% chances. And this is why I said don't follow unless you know my complete setup which of course have solution to deal with the failure otherwise it won't be a complete set of setup. Again, I'm not in a legal position to give specific buy/sell signals, you should be aware that.

[pxx105]

that is Colorado Convention Center. I was there in 2007