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Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 4:10 pm
by hiram
my aapl 375 puts are up 200% today lol. i bet most thought i was nuts. i am very close to becoming a bull now tested the waters with a tna call purchase at the bell.
hiram
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 4:11 pm
by fuddleduddle
Even with an announcement of QE3 next tuesday. Retracements are likely a selling opportunity.. end of Aug, SPX ~ 1140, RUT ~ 680 anyone?
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 4:13 pm
by Tabby
Hey Cobra and the Gang,
I am not religious, only spirtual. I want to say that lots of blessing to all of you with all the charts. Master loada,Cobra, you saved me from buying in dip. I was getting ready to buy bull etfs when you call the 4th leg is down and I cancelled my orders.
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 4:14 pm
by hiram
fuddleduddle wrote:Even with an announcement of QE3 next tuesday. Retracements are likely a selling opportunity.. end of Aug, SPX ~ 1140, RUT ~ 680 anyone?
i say no way, bottom here now or vey close. this was the same type retoric i remember last year during push down to july lows. then the market exploded to the upside to end the year. death and destruction is more a 2012 event....lol
hiram
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 4:17 pm
by blacklotus
Use punctuation. Depending on how your statement is read, it could come across as self-contradicting.
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 4:27 pm
by hiram
ALL HAIL 99.......
hiram
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 4:44 pm
by henry51
Hi y'all
Guess some trader deem this level as a steal. They'll regret it tomorrow when they see es @ 1177
GE and good trading
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 6:38 pm
by hiram
henry51 wrote:Hi y'all
Guess some trader deem this level as a steal. They'll regret it tomorrow when they see es @ 1177
GE and good trading
i will go on record now and say this is the bottom (within 10 points of the low today) i was a bear at 1360 when no one else was and at that time predicted that when we got here "traders" would be bearish many bought up there and many will sell down here sometimes you need to see the forrest as well as the trees...as my witness look at cobra's link for money flow and pay close attention to the buying on weekness numbers....i havent see anything like that since march of 2009.
good luck all tomorrow is an up day! 1220 wont fall without at least a bounce...
thanks for your hard work cobra,...your the best!
Re: 08/04/2011 Intraday Watering
Posted: Fri Aug 05, 2011 8:58 am
by grachu
COBRA
I am here because ANDY Z , recommends you . I think you are the man. And I would really like to follow u. I am having a bit of difficult to understand your table . THE INTRADAY WATERING I get , but the table you have with the set ups Is a bit hard. Is anyone available that I can call that could walk me through it once ? I know that is all I need. I really would like to understand things once. I am not a beginner but I just need some clarifications. Can you help? I know you are too busy. But would need someone else possible?
Re: 08/04/2011 Intraday Watering
Posted: Fri Aug 05, 2011 1:44 pm
by cougar
I am disappointed. To confirm the UP move, UPRO should cross this Resistance Fan Line, but it looks like it has a hard time doing it.
Re: 08/04/2011 Intraday Watering
Posted: Fri Aug 05, 2011 1:54 pm
by cougar
OK...finally up again, for one more leg up?