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Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:11 pm
by Mr. BachNut
So, at this point, the top of yesterday's SPY P-Bar would be a Fib 62.8% retracement of the down move from Friday's high.
FYI
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:11 pm
by Cobra
supes wrote:Cobra,
First, I want to thank you and all the members here for a great board.
I have been reading the board and learning for some time now, thought I’d start to contribute.
I mainly watch AAPL and SPY.
All,
Here is my first chart- I see a IHS form on AAPL hourly- what do you think? Can you please help me with coming up with a target? (I think it is somewhere in the 655 area, not sure).
supes
Thanks and welcome aboard!
I don't read AAPL as H&S Top though because the slope of the neckline is too steep. Just feeling, maybe you're right.
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:12 pm
by Cobra
six9ine wrote:Cobra & Co.,
It's been a couple months since I've been here...some may recall I forecasted a 100 point drop about 2 months ago...we're in that move now. Cobra: love your intraday measured move calls (really second to none)! Anyway, here is a snapshot of current activity...
Virdigo
Thanks.
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:12 pm
by Jack12
supes wrote:Cobra,
First, I want to thank you and all the members here for a great board.
I have been reading the board and learning for some time now, thought I’d start to contribute.
I mainly watch AAPL and SPY.
All,
Here is my first chart- I see a IHS form on AAPL hourly- what do you think? Can you please help me with coming up with a target? (I think it is somewhere in the 655 area, not sure).
supes
Check out Bulkowski or chartpatterns he gives you all the variants are percentages
and welcome, good trading to you
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:14 pm
by Cobra
guys, before falling into sleep, please take a little time to vote for me. It won't take you too long, just 2 clicks.
http://stockcharts.com/public/1684859/tenpp
Re:
Posted: Wed Oct 10, 2012 3:19 pm
by Nrsimha
MrMiyagi wrote:At this rate of descent, I expect a strong bounce tomorrow.
Whatever happened regarding that SPY P-bar from yesterday?
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:19 pm
by supes
Cobra wrote:
I don't read AAPL as H&S Top though because the slope of the neckline is too steep. Just feeling, maybe you're right.
I meant an
inverse head-and-shoulders, which you say is only valid after a downturn. After the fall from 705, this seems like a bullish development. Did I get this right?
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:19 pm
by uempel
Last update - check out the signal in 11 minutes. Last post for today, bye guys
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:22 pm
by Out of Bounds
The only reason I am still awake is that someone is bringing me food.
Posted: Wed Oct 10, 2012 3:24 pm
by MrMiyagi
Nrsimha wrote:MrMiyagi wrote:At this rate of descent, I expect a strong bounce tomorrow.
Whatever happened regarding that SPY P-bar from yesterday?
Re:
Posted: Wed Oct 10, 2012 3:26 pm
by Mr. T
MrMiyagi wrote:Nrsimha wrote:MrMiyagi wrote:At this rate of descent, I expect a strong bounce tomorrow.
Whatever happened regarding that SPY P-bar from yesterday?
It's going to happen........ then we're back to "We're never going down again!!!!!"
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:26 pm
by Harapa
uempel wrote:Last update - check out the signal in 11 minutes. Last post for today, bye guys
60.png
I see no support (from VIXies) for bulls but support for bears waning a little bit.
Re: Re:
Posted: Wed Oct 10, 2012 3:27 pm
by TraderGirl
Nrsimha wrote:MrMiyagi wrote:At this rate of descent, I expect a strong bounce tomorrow.
Whatever happened regarding that SPY P-bar from yesterday?
If I can see that p-bar on my charts, it is usually irrelevant...
Posted: Wed Oct 10, 2012 3:27 pm
by MrMiyagi
Awakenings..
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:27 pm
by Cobra
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:31 pm
by SB73
thanks Senor...the value of your service has increased significantly with these special intraday updates.
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:33 pm
by ClarkW
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:37 pm
by L_T
Cobra does this meet the Trading Markets condition of buying the 7 day low if it closes right here?
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:38 pm
by TWT
SPX: short term count
Re: 10/10/2012 Live Update
Posted: Wed Oct 10, 2012 3:39 pm
by marty
Great job !!!!