12/16/2011 Intraday Watering

[heavenskrow]

lets go TMF

bonds, asia, europe aren't buying the rally at all

yes sir

@ what price did you jump on board?

71.7 when ZB broke resistance

nice entry, is it too late for me to jump in? are you holding it over the weekend?[/quote]

thanks. I can't advise you on that but it has had a little excessive run today... maybe wait for a pullback to the 20EMA on 5min channel.
don't know if i will hold into weekend until near close...

[mac769]

This is REALLY scary, if you look at the pricture of the 10yr US-Treasury prices from November, we are now at the same "fear level" again

However, the sheeple from the equity market seem to TOTALLY ignore this fact and bid it up like there is no tomorrow

So guess who is normally right, the bond market of course, this would mean we will see the SPY in a VERY SHORT time down to the November 24 lows around 1150 imho

but as always, this is just my humble observation and no advice to trade against the trend

Hey nice chart mac. Looking at that chart, the divergence is clearly seen and could have made someone rich.

Maybe there is still a chance to get rich, because the BOND market is NORMALLY right, and sooner or later the SHEEPLE frorm the equities will follow, so just wait and see

at this time, the best short candidate would be the IWM small caps, way over the line by this time I think

[99er]

Updates

Gold http://99ercharts.blogspot.com/2011/12/gold_16.html
Silver http://99ercharts.blogspot.com/2011/12/silver_16.html

[noob]

now with this pullback, it's clearly overlapping or ZigZag up so it's a corrective up in nature. not good. I'm disappointed.

Cobra, but if you recall, last year end it started out with zigzag up and lasted all Dec, if I remember clearly. Not a possibility this year?

[pady]

wow, pady, you're a genius, you guys hear that? everyone follows pady from now on.

I dont do EW much but for calculating numbers - but I follow a couple of geniuses ( according to me ) who I believe in. So hats off to them.

you have a choice to ignore my counts instead of commenting on it. When cobra asks me to stop posting counts, I will stop.

[99er]

Updates

Dollar http://99ercharts.blogspot.com/2011/12/dollar_16.html
30-Year http://99ercharts.blogspot.com/2011/12/30y_16.html

[Richarab]

lets go TMF

bonds, asia, europe aren't buying the rally at all

yes sir

thanks. I can't advise you on that but it has had a little excessive run today... maybe wait for a pullback to the 20EMA on 5min channel.
don't know if i will hold into weekend until near close...

[/quote]

Trader Vix drink specials still tooo cheap--considering the market moves past week...they really should raise the price of these drinks - like a lot - to say $50..

[TWT]

SPX : Potential wave (C) down target range = 1195-1191

[mac769]

Updates

RUT http://99ercharts.blogspot.com/2011/12/rut_16.html
TNX http://99ercharts.blogspot.com/2011/12/tnx_16.html

Nice chart, I think RUT is really the short of choice now, let's see what happens into the close, someone must have a BIG interest in keeping it above 715 for the time being

[heavenskrow]

lets go TMF

bonds, asia, europe aren't buying the rally at all

yes sir

thanks. I can't advise you on that but it has had a little excessive run today... maybe wait for a pullback to the 20EMA on 5min channel.
don't know if i will hold into weekend until near close...

Trader Vix drink specials still tooo cheap--considering the market moves past week...they really should raise the price of these drinks - like a lot - to say $50..[/quote]

ive already been drinking some TVIX today when we broke resistance. I just like to get drunk by myself

[heavenskrow]

Updates

Dollar http://99ercharts.blogspot.com/2011/12/dollar_16.html
30-Year http://99ercharts.blogspot.com/2011/12/30y_16.html

hmmmm nice chart on 30-year...maybe I should take profits.....

[BullBear52x]

This is Daily Heikin Ashi and MA ribbons, if you are going long here you will have to explain to your wife what is the reason because if she sees this chart, Oh boy!

[jarbo456]

got out of my final group of longs. this market just might want to go fill that gap down at 120.

[heavenskrow]

Updates

Dollar http://99ercharts.blogspot.com/2011/12/dollar_16.html
30-Year http://99ercharts.blogspot.com/2011/12/30y_16.html

hmmmm nice chart on 30-year...maybe I should take profits.....

nm target level is the old high.

[newbie_77]

another test for the LOD.... we will certainly break this.. how low we go today?

[heavenskrow]

eur/usd breaking support on 5min time frame.

[pady]

another test for the LOD.... we will certainly break this.. how low we go today?

Taking a guess...1194.

[fulkdaddy]

now with this pullback, it's clearly overlapping or ZigZag up so it's a corrective up in nature. not good. I'm disappointed.

Cobra, I know you say, "this is not Elliot Wave" but from what I see, you use a lot of Elliot's Principles. It is "clearly a ZigZag" a classic Elliot corrective pattern. Your "3 push up" is basically the 5 wave implusive pattern. And the "2 push up" is a classic corrective pattern.

There is hope for you yet!

Fulk "Firm Elliot Wave Believer" daddy

It works!

[Algyros]

Cobra, I know that this isn't the proper forum for this question, but I don't think that you pay much attention to the Trading Signals forum intraday. So, could you clarify what the Impulse system means by a day closing in the red or green? Does it mean green or red from the previous days close or from the actual day's open? Thanks.

[newbie_77]

SPY crap is acting like a 200 year old fag. common... move more than a penny ... dyamn... will you...