Back to www.cobrasmarketview.com

01/24/2012 Intraday Watering

Post Reply
User avatar
soku
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 01/24/2012 Intraday Watering

Post by soku »

BullBear52x wrote:Paging Soku,
Once my trend change to sell the rally I use yours to confirmed the action on sell.
you just validated my worry. i don't use 0 line at all. i use the div as a trend confirmation and use other stuff to generate trading signal.
i put together some hypo trading notes to teach someone how to trade last week. here is how i use it based on 15 min es.

http://4.bp.blogspot.com/-W2jiXO0430M/T ... 2_2319.png
The goal is not uniformity. It is understanding and idea exchange.
User avatar
Cobra
Site Admin
Posts: 58673
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/24/2012 Intraday Watering

Post by Cobra »

you can see this as Ascending Triangle. it also means continue (up).
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
TraderGirl
Posts: 5028
Joined: Thu Dec 22, 2011 2:47 pm

Re: 01/24/2012 Intraday Watering

Post by TraderGirl »

waverider wrote:Demark said the top will be today in a recent interview, hmm. /YM does look somewhat weak. Granville says the DOW will drop 4000 points in 2012...

http://www.bloomberg.com/video/84758540/
With that said... Goldman Sachs has support at $60...
Attachments
GS.png
User avatar
BullBear52x
Posts: 29648
Joined: Tue Feb 22, 2011 3:47 pm

Re: 01/24/2012 Intraday Watering

Post by BullBear52x »

soku wrote:
BullBear52x wrote:Paging Soku,
Once my trend change to sell the rally I use yours to confirmed the action on sell.
you just validated my worry. i don't use 0 line at all. i use the div as a trend confirmation and use other stuff to generate trading signal.
i put together some hypo trading notes to teach someone how to trade last week. here is how i use it based on 15 min es.

http://4.bp.blogspot.com/-W2jiXO0430M/T ... 2_2319.png
Nice,
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/24/2012 Intraday Watering

Post by Al_Dente »

Bolinger bands compression on $VIX 5 min
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
waverider
Posts: 863
Joined: Thu Aug 18, 2011 4:24 pm

Re: 01/24/2012 Intraday Watering

Post by waverider »

TraderGirl wrote:
waverider wrote:Demark said the top will be today in a recent interview, hmm. /YM does look somewhat weak. Granville says the DOW will drop 4000 points in 2012...

http://www.bloomberg.com/video/84758540/
With that said... Goldman Sachs has support at $60...
Nice one, I rarely look at monthly charts, but I hear BAC is a better bell-wether of the market. Apparently AUD/JPY is also a good indicator of the overall market as well. :)
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/24/2012 Intraday Watering

Post by Al_Dente »

And my TRIN sell beeper beeped at 1.6
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 01/24/2012 Intraday Watering

Post by KENA »

BullBear52x wrote:Paging Soku,
Once my trend change to sell the rally I use yours to confirmed the action on sell.
You two guys are getting good..keep it up..Nice to have two different aproaches .
User avatar
BullBear52x
Posts: 29648
Joined: Tue Feb 22, 2011 3:47 pm

Re: 01/24/2012 Intraday Watering

Post by BullBear52x »

Sellers are more determine this time, no turning from this simple chart.
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullTart
Posts: 398
Joined: Thu Sep 01, 2011 12:23 pm

Re: 01/24/2012 Intraday Watering

Post by BullTart »

All aboard the TVIX train! Ding ding ding! Last call!

8-)
User avatar
soku
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 01/24/2012 Intraday Watering

Post by soku »

waverider wrote:Demark said the top will be today in a recent interview, hmm. /YM does look somewhat weak. Granville says the DOW will drop 4000 points in 2012...

http://www.bloomberg.com/video/84758540/
yes you remind me. demark had an interview on 1/20 and called for peak out tuesday. he predicted 1338-1342 was not happening. he did say vix exhausted and would reverse in 1-2 days.
granville also had the interview on friday. he said friday was top and predicted 1000 dow points each quarter for 2012. didn't realize granville is 89. keep going joe.
The goal is not uniformity. It is understanding and idea exchange.
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 01/24/2012 Intraday Watering

Post by tdo722 »

BullTart wrote:All aboard the TVIX train! Ding ding ding! Last call!

8-)
:)

I missed the chance to buy at $19.20. I think I'm gonna sit out.
knock
Posts: 338
Joined: Mon Sep 12, 2011 9:42 am

Re: 01/24/2012 Intraday Watering

Post by knock »

BullTart wrote:All aboard the TVIX train! Ding ding ding! Last call!

8-)
reference target S&P 1280?
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 01/24/2012 Intraday Watering

Post by uempel »

waverider wrote:Demark said the top will be today in a recent interview, hmm. /YM does look somewhat weak. Granville says the DOW will drop 4000 points in 2012...

http://www.bloomberg.com/video/84758540/
These guys don't know more than we do. If Demark or Granville were that precise with their predictions they'd not be in the guru-business. There is a signal for today/tomorrow, but that's all we know. We don't know A) if markets are going to react and B) if they react how they are going to react - no move, big up, big down, wild moves. Nobody knows.
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 01/24/2012 Intraday Watering

Post by tdo722 »

uempel wrote:
waverider wrote:Demark said the top will be today in a recent interview, hmm. /YM does look somewhat weak. Granville says the DOW will drop 4000 points in 2012...

http://www.bloomberg.com/video/84758540/
These guys don't know more than we do. If Demark or Granville were that precise with their predictions they'd not be in the guru-business. There is a signal for today/tomorrow, but that's all we know. We don't know A) if markets are going to react and B) and if they react how they are going to react - no move, big up, big down, wild moves. Nobody knows.
Amen. So we sit and wait for the herd to act then we follow the herd. :)
User avatar
waverider
Posts: 863
Joined: Thu Aug 18, 2011 4:24 pm

Re: 01/24/2012 Intraday Watering

Post by waverider »

Whoever's been sitting in BVSN is going to jail, think it's topped yet?
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
User avatar
EFA
Posts: 84
Joined: Thu Oct 06, 2011 9:47 am

Re: 01/24/2012 Intraday Watering

Post by EFA »

tdo722 wrote:
BullTart wrote:All aboard the TVIX train! Ding ding ding! Last call!

8-)
:)

I missed the chance to buy at $19.20. I think I'm gonna sit out.
I hope I'll get an answer this time...How about VIX June 20 calls? How is it different better/worse than buying shares of TVIX? :lol:

I asked earlier but did not get an answer :(
User avatar
L_T
Posts: 1609
Joined: Tue Sep 13, 2011 9:49 am

Re: 01/24/2012 Intraday Watering

Post by L_T »

BullTart wrote:All aboard the TVIX train! Ding ding ding! Last call!

8-)
I really want to hop on the train but it still looks like I could end up front-running it and being flattened by it.
Post Reply