Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:12 pm
cougar wrote:Without “divine intervention”, IWM short term target should be = 79.3.
then what? ....lol
hiram
then what? ....lol
hiram
Cobra's Market View
The Intraday US Stock Market Discussion Board
http://bbs.cobrasmarketview.com/
07/28/2011 Intraday Watering
Page 6 of 6
then what? ....lol
hiram
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:20 pm
then...up for a while...
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:24 pm
nothing to say. RSP lower low already, normally SPY should follow.
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:27 pm
Closed the Dow short positions, that was easy +90 pointsDow Trader wrote:that does not mean we should make it today, but it as I call it a must targetDow Trader wrote:based on the Dow futures pattern since today's low, it means thatwe must go below today's low ( it is not the low ) and that is almost 100 points from here
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:29 pm
Right now: it looks like an UGLY CLOSE!
Breakdown....
Breakdown....
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:33 pm
lower low now. another ugly close I guess. bad close everyday means some program is selling probably forced sell.
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:33 pm
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:34 pm
Cobra: redemption?
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:41 pm
Cobra,Cobra wrote:lower low now. another ugly close I guess. bad close everyday means some program is selling probably forced sell.
you don't have room in your chart. I can't see you.
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:46 pm
it's no fun anymore. ugly close. now bulls need the last minute rumor to shoot up high. 
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:46 pm
SPX breakdown
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:49 pm
RSP confirmed 1-2-3 Trend Change, no good. this one leads SPY. 
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:50 pm
nice chart very very nice chart.
hiram
just sold my apple puts for 33point on the day, thanks everyone see you guys tomorrow
hiram
just sold my apple puts for 33point on the day, thanks everyone see you guys tomorrow
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:58 pm
well, guess that's it for today. ugly close but still much better than I thought as at least bulls had half day which means that my indicator still works and this is not yet an out of control market, so chances are even better another rebound try tomorrow. Thank you guys, I'll see you tomorrow.
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 3:59 pm
open low tomorrow (1295ish ) and then close high...bounce of lower BB on daily... thats my prediction . see u all tomorrow! Great day today!!
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 4:01 pm
just turn my computer on. WOW, COBRA!!!!!
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 4:11 pm
ES
The selling ain't over yet.
http://99ercharts.blogspot.com/2011/07/es_28.html
MACD about to cross.
Evening Update
1284 target hit.
http://99ercharts.blogspot.com/2011/07/es_6622.html
More still.
Next target: 1232.
http://99ercharts.blogspot.com/2011/07/es_3732.html
The selling ain't over yet.
http://99ercharts.blogspot.com/2011/07/es_28.html
MACD about to cross.
Evening Update
1284 target hit.
http://99ercharts.blogspot.com/2011/07/es_6622.html
More still.
Next target: 1232.
http://99ercharts.blogspot.com/2011/07/es_3732.html
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 4:13 pm
It's a perfect statement for today.Cobra wrote:Flat open, normally any gap after a Major Distribution Day will get filled and the day normally a small range day. Global ES looks like a Bear Flag or Rectangle in the forming, so chances are it will continue down eventually.
Thanks Cobra. Your market sense is too good to be true. unbelievable.
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 4:14 pm
good idea. i spent too much time understanding it and forgot to say thank youocassional observer wrote:I would like to point your attention to a little followed indicator called the credit suisse fear barometer. a peak in this indicator as led every peak in the market by ~7 days since the beginning of the year. it has recently confirmed an intermediate top by falling dramatically as the 6m graph shows. a 5y chart shows that we are at heightened levels similar to the one that preceded the bear market start in 2007. i believe a break down of this indicator below the 20 level will sign, together with the economic indicators i mentioned at yesterday's close, and what i now believe is a confirmed dow theory sell signal from the beginning of july, the start of a bear market and a coming us recession.
the indicator is updated daily at bloomberg several hours after the close:http://www.bloomberg.com/apps/quote?ticker=CSFB:IND
a definition exist there as well.
Re: 07/28/2011 Intraday Watering
Posted: Thu Jul 28, 2011 4:17 pm
Absolutely amazing! Besides the morning comment, the rest of the day was also full of amazing calls - just like it always is. Totally unbelievable!silicon_beaver wrote:It's a perfect statement for today.Cobra wrote:Flat open, normally any gap after a Major Distribution Day will get filled and the day normally a small range day. Global ES looks like a Bear Flag or Rectangle in the forming, so chances are it will continue down eventually.
Thanks Cobra. Your market sense is too good to be true. unbelievable.
Thank you Cobra!