05/24/2011 Intraday Watering

[uempel]

In the history of the S&P 500 SPDR (SPY), there were 17 times that it gapped down at least -0.5% the morning following option expiration, and closed at least -1% lower.

From Monday's close through Friday's close, SPY rallied 16 of those 17 times, averaging a return of +2.4%. The maximum loss during the week averaged -0.9% while the maximum gain averaged +2.9%.

That said, the global ES, however still looks like a Bear Flag so purely from the chart pattern, I'll assume the pullback isn't over yet.[/quote]

Hi Cobra, I highly respect statistics, but this market looks really bearish to me, just like for you.[/quote]

But as everybody is bearish (me too) the market might have to go up...

[strawberry]

For those who are with me on silver!

http://youtu.be/xMUgmU_Hsjc

But take a short-term position off at Silver 36.40 should be a pullback there. lol

hi Cobra thanks for the informative board/posts!

Cletus, been long silver aswell You are talking about $36.4 on Silver futures , not SLV. Is that correct? On my charts, i see resistance on the SLV at 35.7-35.83 depending how i draw the lines.
how deep of a pullback do you see?
thnx.

[Cobra]

guys, just a question, I haven't decided yet, if I switch this board to vBulletin (I have to buy the software), which means you guys have to request to join into a certain user group in order to do the post. Would you mind? This step, I think is necessary for the long term otherwise we'll have to face more and more spams when this broad grows. I know I can export phpBB users to vBulletin so you guys don't have to re-register, just I mean an additional user group join is required in order to do the post so the step is like below:

1. register as the user. (most of you here don't need do this again because I can import your settings)
2. request to join into a user group. Only users in the group can do the post.

[cougar]

SPY 130 min: The Acceleration Band (L=21) is nested in an envelope derived from a 40 d cycle (L=60 bars).

[BullBear52x]

guys, just a question, I haven't decided yet, if I switch this board to vBulletin (I have to buy the software), which means you guys have to request to join into a certain user group in order to do the post. Would you mind? This step, I think is necessary for the long term otherwise we'll have to face more and more spams when this broad grows. I know I can export phpBB users to vBulletin so you guys don't have to re-register, just I mean an additional user group join is required in order to do the post so the step is like below:

1. register as the user. (most of you here don't need do this again because I can import your settings)
2. request to join into a user group. Only users in the group can do the post.

Whatever that will be convenience to you, I am in.

[Olly Varadi]

guys, just a question, I haven't decided yet, if I switch this board to vBulletin (I have to buy the software), which means you guys have to request to join into a certain user group in order to do the post. Would you mind? This step, I think is necessary for the long term otherwise we'll have to face more and more spams when this broad grows. I know I can export phpBB users to vBulletin so you guys don't have to re-register, just I mean an additional user group join is required in order to do the post so the step is like below:

1. register as the user. (most of you here don't need do this again because I can import your settings)
2. request to join into a user group. Only users in the group can do the post.

Whatever that will be convenience to you, I am in.

Ditto

[Me XMan]

I'm in as well.

guys, just a question, I haven't decided yet, if I switch this board to vBulletin (I have to buy the software), which means you guys have to request to join into a certain user group in order to do the post. Would you mind? This step, I think is necessary for the long term otherwise we'll have to face more and more spams when this broad grows. I know I can export phpBB users to vBulletin so you guys don't have to re-register, just I mean an additional user group join is required in order to do the post so the step is like below:

1. register as the user. (most of you here don't need do this again because I can import your settings)
2. request to join into a user group. Only users in the group can do the post.

Whatever that will be convenience to you, I am in.

[soku]

so far today is as boring as yesterday

[Thunder]

guys, just a question, I haven't decided yet, if I switch this board to vBulletin (I have to buy the software), which means you guys have to request to join into a certain user group in order to do the post. Would you mind? This step, I think is necessary for the long term otherwise we'll have to face more and more spams when this broad grows. I know I can export phpBB users to vBulletin so you guys don't have to re-register, just I mean an additional user group join is required in order to do the post so the step is like below:

1. register as the user. (most of you here don't need do this again because I can import your settings)
2. request to join into a user group. Only users in the group can do the post.

No problema Cobra ...!!

[uempel]

Cobra, do you get that much spam? As to the chart: I was targeting 1325, a level I have on a different chart, but now SPX looks somewhat soft.

[q2model]

guys, just a question, I haven't decided yet, if I switch this board to vBulletin (I have to buy the software), which means you guys have to request to join into a certain user group in order to do the post. Would you mind? This step, I think is necessary for the long term otherwise we'll have to face more and more spams when this broad grows. I know I can export phpBB users to vBulletin so you guys don't have to re-register, just I mean an additional user group join is required in order to do the post so the step is like below:

1. register as the user. (most of you here don't need do this again because I can import your settings)
2. request to join into a user group. Only users in the group can do the post.

No problema Cobra ...!!

Same here.

[Anaconda]

guys, just a question, I haven't decided yet, if I switch this board to vBulletin (I have to buy the software), which means you guys have to request to join into a certain user group in order to do the post. Would you mind? This step, I think is necessary for the long term otherwise we'll have to face more and more spams when this broad grows. I know I can export phpBB users to vBulletin so you guys don't have to re-register, just I mean an additional user group join is required in order to do the post so the step is like below:

1. register as the user. (most of you here don't need do this again because I can import your settings)
2. request to join into a user group. Only users in the group can do the post.

No problema Cobra ...!!

Whatever it takes to reduce the amount of low-value work you have to do (e.g. eliminating spammers), so you can continue to provide the outstanding information/perspective provided here. Thanks always, from an avid reader.

[KENA]

Hi Cobra...Sure count me in.

[Mr. BachNut]

guys, just a question, I haven't decided yet, if I switch this board to vBulletin (I have to buy the software), which means you guys have to request to join into a certain user group in order to do the post. Would you mind? This step, I think is necessary for the long term otherwise we'll have to face more and more spams when this broad grows. I know I can export phpBB users to vBulletin so you guys don't have to re-register, just I mean an additional user group join is required in order to do the post so the step is like below:

1. register as the user. (most of you here don't need do this again because I can import your settings)
2. request to join into a user group. Only users in the group can do the post.

OK by me!

[cougar]

I am only a very recent user but I am ready for this change.

[Tabby]

I start eating frogs just to stay in Cobra's group.

[BullBear52x]

Good start today, watch the yellow line, trades below that I'll be laughing to the bank.

[DAB]

Cobra....do what is best for you and the board for the long term.

[uempel]

Broke out of the ellipse, not to the upside:

[pablorynx]

Cobra, im good with what youwant to do