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03/26/2012 Intraday Watering

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Cobra
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Re: 03/26/2012 Intraday Watering

Post by Cobra »

upside breakout, great, but since this is the 2nd test of the morning high so no failure allowed here. let's wait.
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uempel
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Re: 03/26/2012 Intraday Watering

Post by uempel »

Update:
124.png
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Cobra
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Re: 03/26/2012 Intraday Watering

Post by Cobra »

OK, this doesn't look like a wrong data now, as ISE didn't say anything till now. 458 reading still is all time high. I don't think it'd be closed at all time high today though.
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noob
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Re: 03/26/2012 Intraday Watering

Post by noob »

Cobra wrote:OK, this doesn't look like a wrong data now, as ISE didn't say anything till now. 458 reading still is all time high. I don't think it'd be closed at all time high today though.
Forgot the significance of this indicator...
uempel
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Re: 03/26/2012 Intraday Watering

Post by uempel »

Cobra wrote:OK, this doesn't look like a wrong data now, as ISE didn't say anything till now. 458 reading still is all time high. I don't think it'd be closed at all time high today though.
Cobra, what are your thoughts on this reading?
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Cobra
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Re: 03/26/2012 Intraday Watering

Post by Cobra »

this is market is dead by all the free money flow around, nothing to do with the reality anymore. no one is buying but no one is selling.
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TWT
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Re: 03/26/2012 Intraday Watering

Post by TWT »

FAZ: A potential Double Bottom
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Cobra
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Re: 03/26/2012 Intraday Watering

Post by Cobra »

uempel wrote:
Cobra wrote:OK, this doesn't look like a wrong data now, as ISE didn't say anything till now. 458 reading still is all time high. I don't think it'd be closed at all time high today though.
Cobra, what are your thoughts on this reading?
if you read this with CBOE reading, you'd find it's interesting.

ISEE is buy to open and for retailers only, so retailers are buying lots of calls in anticipation of the coming rally to galaxy far far away.
6.png
now let's look at the CBOE, the reading is so high, usually CBOE put call ratio leads, so this means overall is bearish, I take it as big guys are cautious.
5.png
Statistically ISEE very high could mean a top but it sopped working recently, so I won't read too much of it for now

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Jose
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Re: 03/26/2012 Intraday Watering

Post by Jose »

My crazy plan on the Nasdaq 100, please abstain from rude comments :roll:

15 min chart:
15minnq.jpg
Also because we are so near the top of the channel on 1h
1hnq.jpg
uempel
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Re: 03/26/2012 Intraday Watering

Post by uempel »

Thanks Cobra, I thought it indicated something like that. I guess you also read Todd's report on the weekend suggesting that the big boys ain't buying put protection any more which might be a bearish sign :o
jag99
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Re: 03/26/2012 Intraday Watering

Post by jag99 »

Cobra wrote:
uempel wrote:
Cobra wrote:OK, this doesn't look like a wrong data now, as ISE didn't say anything till now. 458 reading still is all time high. I don't think it'd be closed at all time high today though.
Cobra, what are your thoughts on this reading?
if you read this with CBOE reading, you'd find it's interesting.

ISEE is buy to open and for retailers only, so retailers are buying lots of calls in anticipation of the coming rally to galaxy far far away.
6.png
now let's look at the CBOE, the reading is so high, usually CBOE put call ratio leads, so this means overall is bearish, I take it as big guys are cautious.
5.png
Statistically ISEE very high could mean a top but it sopped working recently, so I won't read too much of it for now
Or the wife of the CEO from Micron Technology knows something we don't. The high number appears to all come from April and May 10 calls.
Claire
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Re: 03/26/2012 Intraday Watering

Post by Claire »

does anyone have any info re reason aapl suddenly took off? thanks.
Jose
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Re: 03/26/2012 Intraday Watering

Post by Jose »

Tim Cook will meet some chinese guys... but hey... any reason would be good ;)
Jose
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Re: 03/26/2012 Intraday Watering

Post by Jose »

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TWT
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Re: 03/26/2012 Intraday Watering

Post by TWT »

USD INDEX: The short-term outlook has worsened
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Bombeltrader
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Re: 03/26/2012 Intraday Watering

Post by Bombeltrader »

Jose wrote:My crazy plan on the Nasdaq 100, please abstain from rude comments :roll:

15 min chart:
15minnq.jpg
Also because we are so near the top of the channel on 1h
1hnq.jpg
:) Well done
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KENA
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Re: 03/26/2012 Intraday Watering

Post by KENA »

Looks like we will find out if all the data that said the top was in is right or not . PS. I expect Cobra to say New Hi. :mrgreen:
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BullBear52x
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Re: 03/26/2012 Intraday Watering

Post by BullBear52x »

Another ding ding sell intraday.
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uempel
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Re: 03/26/2012 Intraday Watering

Post by uempel »

Update, remember that there's a signal at about 14:50 pm
97.png
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proteus46
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Re: 03/26/2012 Intraday Watering

Post by proteus46 »

It's possible there will be no significant pullback until April 24,25 (next FOMC meeting).

The teaser was put out there today, the hope of QE3. SPY ---> 144,145
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