Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 2:31 pm
Looks like the bulls are going to take the show, trading above 130.15, the bear flag is voided. there will be a fight here.
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06/07/2011 Intraday Watering
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Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 2:33 pm
3:45 ben's going to talk. nice pick of time. i remember couple 3:45 market movements recently. so is he going to do it again?
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 2:43 pm
not sure here, should be 2 legged down as I see clearly 3 small legs up. Tint area being the mini target? Not much clue in this range market plus I'm sleepy here...
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 2:48 pm
BKX
Waiting on the wrong side of a knife's edge.
http://99ercharts.blogspot.com/2011/06/bkx_07.html
Not looking good for financials now.
Waiting on the wrong side of a knife's edge.
http://99ercharts.blogspot.com/2011/06/bkx_07.html
Not looking good for financials now.
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 2:49 pm
Looks like a volatility squeeze on the 15min.
Should get a breakout around the top of the hour. Don't know which way.
Should get a breakout around the top of the hour. Don't know which way.
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 2:55 pm
Interesting. Don't worry, market kill me instead. ThanksBullBear52x wrote:"If I tell you I have to kill you"ctu688 wrote:What kind of fancy indicators that you used to make such a beautiful ribbon chart, the one in the middle?BullBear52x wrote:Just bored, look at where we are short term.
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:13 pm
Hope everyone come out as a man today, watch $VIX, a move >17.75 bears win.
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:15 pm
still shy of the mini target.
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:19 pm
This laodaaaa is a daamn oracleeeee!!! jeeezusss!!Cobra wrote:still shy of the mini target.
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:22 pm
the dump truck just zoomed by, waow!
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:24 pm
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:25 pm
Hi Cobra,
When you feel it would be a grange day, do you trade or just watch. I over trade most of the time and would like to reduce the trading frequency. Thanks
When you feel it would be a grange day, do you trade or just watch. I over trade most of the time and would like to reduce the trading frequency. Thanks
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:26 pm
mini target reached, the current will tell us if there'll be a rebound.
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:28 pm
generally i'd suggest those who are inexperienced not to trade range day. Don't know your case though.ctu688 wrote:Hi Cobra,
When you feel it would be a grange day, do you trade or just watch. I over trade most of the time and would like to reduce the trading frequency. Thanks
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:31 pm
didn't tell us anything useful other than bulls are weak, let's wait this bar, the good news is volume picking up which should mean a rebound is close.
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:35 pm
OK, I was wrong about Descending Triangle, but the chart still looks bearish to me, pretty much Rectangle is the same as Descending Triangle which means continuation (of the current trend).
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:38 pm
Long VIX Jul 25 calls @ 0.85
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:40 pm
Took out my rusty crystal ball, I asked what's tomorrow's color. there is no answer just letter R. I am confused 
well have a good one everyone and thank you all especially Cobra the snake.
well have a good one everyone and thank you all especially Cobra the snake.Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:41 pm
not a good signal bar, but if the current bar could make a H1, then still bulls will have a rebound. let's see how the current bar ends.
Re: 06/07/2011 Intraday Watering
Posted: Tue Jun 07, 2011 3:42 pm
hey, still 18 minutes to go. you're not working hard here...BullBear52x wrote:Took out my rusty crystal ball, I asked what's tomorrow's color. there is no answer just letter R. I am confused
