05/19/2011 Intraday Watering

AK84 · Post by **AK84** » Thu May 19, 2011 10:46 am

Cobra wrote:
AK84 wrote:Cletus,

what is your view on GOOG now that it has recaptured its trendline?? Was that a bear trap ????? DO i get out of my puts?
still not sure about the chart. just noticed that yours is PUT then you should have closed the most while goog was testing its previous low.

i knowwww i meant to close it but was stupid and didnt follow my rules while i was up and now im paying a price for it

hope is always good though

so hopefully daaa bearrsss will come and take goog back to their cage .

Cobra you are amazing and thank you soooo much for always responding!!!!

wolftrader · Post by **wolftrader** » Thu May 19, 2011 10:47 am

Huge support at 1335, bears in trouble if solid breakdown.

StrikePrice · Post by **StrikePrice** » Thu May 19, 2011 10:49 am

Looks like we're in the retrace of the move up from Tuesday. Nice high at 135.03 on SPY and Tuesday low was 132.12.

Anyone care to calculate Fib retrace targets?

KENA · Post by **KENA** » Thu May 19, 2011 10:49 am

If we can break 1335 then we may go lower.Wait and see.

Post by **Cobra** » Thu May 19, 2011 10:49 am

breakdown indeed, now let's see the next support, so far nothing bearish.

99er · Post by **99er** » Thu May 19, 2011 10:50 am

Silver
Update.
http://99ercharts.blogspot.com/2011/05/silver_19.html

Post by **Cobra** » Thu May 19, 2011 10:51 am

BullBear52x wrote:
Cobra wrote:channel and lots of support below, nothing bearish I see so far.
Cobra, you mentioned Qs alot yesterday, what's in your mind? I see Qs is the weakest link so far among the 3 biggies.

60 min chart QQQ looks like bear flag but daily QQQ chart does not look so bad.

Post by **Cobra** » Thu May 19, 2011 10:53 am

jungle wrote:
Cobra wrote:
AK84 wrote:cobra you said if huge up today ud b in the bull camp. so far doesnt look huge. are u still with da bearsss??
I have a buy stop somewhere above, so far not triggered so I'm still a bear.
where is the buy stop??????????????

within 8 min, no big up, then the buy stop will be cancelled.

BullBear52x · Post by **BullBear52x** » Thu May 19, 2011 10:55 am

StrikePrice wrote:Looks like we're in the retrace of the move up from Tuesday. Nice high at 135.03 on SPY and Tuesday low was 132.12.

Anyone care to calculate Fib retrace targets?

50% @ 133.57 spy

Post by **Cobra** » Thu May 19, 2011 10:57 am

some fib info.

Post by **Cobra** » Thu May 19, 2011 10:58 am

almost at support now.

Post by **Cobra** » Thu May 19, 2011 10:59 am

forgot, I see a rebound of some kind here then we'll see.

KENA · Post by **KENA** » Thu May 19, 2011 10:59 am

One step at a time,break 1335 then 1330 then back dn 1319 low then dn to 1290 that is 99ER'S low. Wait and see.

agnosia · Post by **agnosia** » Thu May 19, 2011 11:01 am

8K offer at 1335. very strong support .. or shorts covering.

BullBear52x · Post by **BullBear52x** » Thu May 19, 2011 11:01 am

TO: Me Xman

52x sounds better than 52w, I like xman the movie one of the best movie made imo. are you Xavier or Xuang

soku · Post by **soku** » Thu May 19, 2011 11:02 am

soku wrote:there could be support around 1338 area. prepare to cover some

the drop is meaningful to scalpers, but the volume pattern and osc are a little bit too strong. i covered. will watch for the next couple min

Mr. T · Post by **Mr. T** » Thu May 19, 2011 11:02 am

Everyone's asking BB52X for his buy stop......

It's not Buy-stop,

It's actually Buy/Stop = meaning..... "Buy, Wait... NO!!! STOP!!!! STOOPPPP!!!!!

Post by **Cobra** » Thu May 19, 2011 11:03 am

Mr. T wrote:Everyone's asking BB52X for his buy stop......

It's not Buy-stop,

It's actually Buy/Stop = meaning..... "Buy, Wait... NO!!! STOP!!!! STOOPPPP!!!!!

99er · Post by **99er** » Thu May 19, 2011 11:05 am

DX
Possible IH&S.
http://99ercharts.blogspot.com/2011/05/dx_19.html
Target would be 79.55.

Me XMan · Post by **Me XMan** » Thu May 19, 2011 11:11 am

I'm Cyclops but I can't read the charts...don't get it

BullBear52x wrote:TO: Me Xman

52x sounds better than 52w, I like xman the movie one of the best movie made imo. are you Xavier or Xuang

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05/19/2011 Intraday Watering

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