03/16/2012 Intraday Watering

[Cobra]

goes as planned, but I meant lower low, so the plan isn't fulfilled yet.

[SWalsh]

so far goes as planned. now let's see the 2nd part of my plan.

the bounces never end. why won't they ever end? dip in the morning, grind upwards, 45 degree angle, every day. JBTFD.

The market is an extension of the wishes of this administration built upon moral hazard since Sarbanes-Oxley was voided. When a criminal enterprise runs something anything is possible.

Might I again suggest to those who failed to read the former IMF President's article in May of 2009, "The Quiet Coup", to do so now? http://www.theatlantic.com/magazine/arc ... coup/7364/

The Quiet Coup

The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re running out of time.


We have already run out of time and Pravda congratulated Obama last year for making their oligarchs (with multiple 300+ foot yachts) pikers compared to what he has done.

The head of our fish stinks, which is why his major donors are being force-fed money. Trickle Down Tyranny is hitting all of us as we have an SEC that watches porn http://tinyurl.com/6qroqra and has on it's doors, "Closed for Official Business". I'm not being cynical. I'm stating what has happened to what used to be called capitalism. It's why the VIX has been crushed and few trade the market now. And when they do, those "adding liquidity" make sure your order can be filled by jumping ahead of it.

[Fredwong]

goes as planned, but I meant lower low, so the plan isn't fulfilled yet.

cobra as you said the down will be far ?

[Cobra]

here's the target I'm expecting. there're some chances this is a triangle in the forming though.

[Cobra]

goes as planned, but I meant lower low, so the plan isn't fulfilled yet.

cobra as you said the down will be far ?

nope.

[uempel]

Bye guys, have a great weekend - the sun is shining brightly and it's pulling me away from the screen . I might look in later, before the close.

[xfradnex]

Cobra, since triple witch. Do you expect options to play a role in your call?

[tigerwang9999]

I think the top will be either on Monday or Tuesday morning. Most probably on Monday morning.

Reason:

1)Today will be up, so it will be the 8th up day. according to Fibonacci, it will be down on 9th day.
2)This week will be the 5th week of up, so the sixth week will be down.
3). Bigger picture, this rally has continued 13 weeks, according to Fibonacci number, 14th week should be a major change.
4). Last rally from 1076--1292 was around 215 points. This rally from 1200 to 1415 will be 215 points.
5). Many people has predicated 1425 as the rally pivot.
6) Cobra has this last 100 percent move point to 1426 area, and the bollinger band weekly upper bound is 1428.
so the top should be between 1414 to 1428.
7). Cobra has promised a 2.5% of pull back and it was fulfilled. and he also promised a 6.5% pull back, then 1340 (base)*1.065=1427. So the top pivot should be 1425. it will drop from 1425 to 1340, then from 1340 backtest 1425 again?

Any comments?

[h2oskier]

Mr. Al,

IWM Chart as well as performance looking at ETFs (Canadian based).

Richarab, if you want to play gold, wait for a bottom signal than buy HZU.TO. Incredible performance when silver moves...

Harpa, how did you get the percentage comparison with freestockcharts?

[Petsamo]

UAL is going down now, but if stops soon, it will form a nice bottom. http://seekingalpha.com/article/436621- ... d-airlines

UAL reacts adversely to USO

[BullBear52x]

PAGING Baron von Dots
U posted this TVIX last night on cobras board
download/file.php?id=16579&mode=view
U cut off the symbols so I don’t even kno what I’m looking at
Correlation coefficient? What? WTF?
Please re-post with symbols

To thank u in advance, here is yr girlfriend in black leather, oy:
http://www.youtube.com/watch?v=NmU_ANLd ... re=related

TVIX is a buy, it's chart for TVIX, first time ever on TVIX. if I make money I will post what they are.

[KeiZai]

Petsamo what about POT? still in?

[Harapa]

Harpa, how did you get the percentage comparison with freestockcharts?

Click on Price (on Tab), select comparisons, you can add any symbol

[Petsamo]

Petsamo what about POT? still in?

I bought POT yesterday before the close but I sold at the open. Only 2.07% gain

[KeiZai]

Petsamo what about POT? still in?

I bought POT yesterday before the close but I sold at the open. Only 2.07% gain

Damn you missed it now it starting up

[xfradnex]

UAL is going down now, but if stops soon, it will form a nice bottom. http://seekingalpha.com/article/436621- ... d-airlines

UAL reacts adversely to USO

yes, But not during the last hr for some reason. I guess tradingalpha made the call based upon the bottoming a couple of days ago. Still above this bottom, which is good.

[uempel]

Hey, SWalsh, money has always been a tricky business, the more money to gain the more tricks are played.

But I'm here for trading, and not to think about the rights and wrongs of what the gov does, of what the banks do. Looking at myself: I'm very ambivelent about my own trading. I happen to enjoy what I do and it fits nicely into my weekly working pattern. But if I think a bit about my/our activity and apply a strict moral standard: what I/we are doing ain't very beneficial for the country. It's less harmful than playing war games, but it sure does not help improve the economy, provides little added value.

[h2oskier]

Harpa, how did you get the percentage comparison with freestockcharts?

Click on Price (on Tab), select comparisons, you can add any symbol

I know how to do the comparisons. I just do not know how to do a percentage comparison versus a price. Your chart shows the percentage change on the right side as oppose to price.

[Al_Dente]

Mr. Al,
IWM Chart as well as performance looking at ETFs (Canadian based).

iwm.png

Screen Shot 2012-03-16 at 11.38.11 AM.png

etf performance.png

Nice work h2oskier
thnx
Your cool Toronto ETFs are 2 thin 4 me (low volume). I get more traction with SLV and ZSL and other ETFs with 1million++ share volume per day,
but that’s just for scalping, just for intraday, just for me etc…
Keep posting updates please

[Harapa]

Harpa, how did you get the percentage comparison with freestockcharts?

Click on Price (on Tab), select comparisons, you can add any symbol

I know how to do the comparisons. I just do not know how to do a percentage comparison versus a price. Your chart shows the percentage change on the right side as oppose to price.

Select “Show Percent Scale” at the bottom of comparisons tab