12/14/2011 Intraday Watering

[Cobra]

Cobra:
Would it be too late that I register for paid acct. by end of week?
Thanks,

not at all. and thanks.

[Me XMan]

We gonna have new LOD so get yer cash ready

Break time, I am all in cash now, I will buy dip.

[uempel]

Al, your chart was a bit late for the short squeeze - or I did I missread it?

[Out of Bounds]

http://www.liveleak.com/view?i=0db_1323720809

[Nomorework]

Just registered. Thanks Cobra

[waverider]

Thanks Cognitive, you see that signal bar on the 5min on TVIX @ 9:45? The one with the big tail, perhaps no one wants to sell below it

[fehro]

little invs H&S? target 1225ish... bottom of descending triangle?

[Cobra]

Just registered. Thanks Cobra

Thank you, really appreciate!

[cougar]

Hi Cobra, recently subscribed and thank you for all your input. Since new here, can you go over your accelerating car theory again pls?
Many thanks in advance

Thanks and welcome aboard!

As for the car theory, basically, consider the price as an object, so its movement has to follow the law of Inertia. If this object is in free fall, you shouldn't expect it to reverse all of sudden without slowing down first. This is like when you drive your car, you're accelerating forward, can you all of sudden move your car backward without first slow down your car then stop it then reverse? If you're not like me from Mars, I don't think you're able to do that so the price is the same, even harder to reverse because it involves millions of you Earth people.

The accelerating car theory can also be followed on NDX:

[BullBear52x]

Al, your chart was a bit late for the short squeeze - or I did I missread it?

SPY.png

OoOOHhhh don't you dare saying that. he hates my smoothies version

[Roadrunner]

This one's for Al since he likes the supersized candlesticks that I can't seem to be able to decipher

thanks...yup vix is doing a little bull dance
http://stockcharts.com/h-sc/ui?s=$VIX&p ... listNum=15

Dr.Al
I understood vix is a 'sentiment' value and not price per se...only a value place on the vif and vin (far and near) implied volitility. I am not a well seasoned trader and learning; but I would ask how TA on the vix would serve to show divergences when it is not price per se. maybe I'm off?...Cheers

[Al_Dente]

1 min
(something just happened in last minutes to TNX which turns that green arrow to red)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

http://www.youtube.com/watch?v=u2ih86J3Czw

[BullBear52x]

This one's for Al since he likes the supersized candlesticks that I can't seem to be able to decipher

thanks...yup vix is doing a little bull dance
http://stockcharts.com/h-sc/ui?s=$VIX&p ... listNum=15

Dr.Al
I understood vix is a 'sentiment' value and not price per se...only a value place on the vif and vin (far and near) implied volitility. I am not a well seasoned trader and learning; but I would ask how TA on the vix would serve to show divergences when it is not price per se. maybe I'm off?...Cheers

$vix is the best human mood teller. no other indication I can trust over $VIX, $VXN, $VXD. love them.

[Me XMan]

Something is cooking in the back with Greece going BK.

[newbie_77]

target 122.37 and then we fall back..

[tiki]

so far I don't see it as a good rebound. it's very rare the low was in. Just remember my acceleration car theory.

Hey there Cobra- been reading your site for about a year or so now.. will defintiely be signing up for the members area.

This is my first intraday forum post-


I am wondering if you feel the downslide that started yesterday is just the first leg of a 2-leg down.

If so are we in the middle of the 2-leg down move (ie: sell the bounce)

or do you feel the down move is finishing up? Thanks for your insight

[cougar]

Some support here…

[BullBear52x]

Something is cooking in the back with Greece going BK.

lots of chefs, got to be something good this x-mas dinner.

[Al_Dente]

so far I don't see it as a good rebound. it's very rare the low was in. Just remember my acceleration car theory.

When I said buy the dip is for day trade only, sell the RIPs for the trend followers definitely. there's the early bird part of the trading

[edit: for BB] bla bla bla

You making fun of me? you making fun of me? I am in so good mood right now, this dip I might buy FAS the sickiest of it all.

NOTE THAT I MIN VOLUME BAR HIT 4 (FOUR??) MILLION IN ONE MINUTE TIMEFRAME gotta run check TRIN this is getting wacky (covering??)

I don’t make fun of you. I just joke
I love you and so does Mishka

[TWT]

SPX: The rebound so far looks good with a possible 1 2 ; I II ....