Back to www.cobrasmarketview.com

10/04/2011 Intraday Watering

User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 10/04/2011 Intraday Watering

Post by jarbo456 »

wow. this market is rough today. guess no green day.
User avatar
Cobra
Site Admin
Posts: 58769
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/04/2011 Intraday Watering

Post by Cobra »

bearish 1-2-3 formation target. I have no confidence at all on 1-2-3 target.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
soku
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 10/04/2011 Intraday Watering

Post by soku »

cards are in trouble too. ma just lost 300 mark
The goal is not uniformity. It is understanding and idea exchange.
Dow Trader
Posts: 733
Joined: Thu Feb 17, 2011 11:59 am

Re: 10/04/2011 Intraday Watering

Post by Dow Trader »

Last support and the hope for the bulls today, this support should hold today for them to be saved 8-)
Attachments
Dow 43.JPG
jaijailyc
Posts: 141
Joined: Sat Aug 06, 2011 5:33 pm

Re: 10/04/2011 Intraday Watering

Post by jaijailyc »

I am done for the day, holding no positions over night.

(3 roundtrip trades today)

aftermarket last night UPRO and avg down premarket today avg price of 39.80ish - sold at 40.50

tna - 27.53 out at 28.30ish

spxu - 22.05 out at 23.20


good day good day see ya tmrw
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 10/04/2011 Intraday Watering

Post by agnosia »

technically the US is now finally in bear market territory with break of 1090. ( 20% decline from the highs )
Dow Trader
Posts: 733
Joined: Thu Feb 17, 2011 11:59 am

Re: 10/04/2011 Intraday Watering

Post by Dow Trader »

Updates with small trend lines 8-)
Attachments
Dow 44.JPG
User avatar
Cobra
Site Admin
Posts: 58769
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/04/2011 Intraday Watering

Post by Cobra »

AAPL key time. hold would be potential double bottom, breakdown would be bad.
Attachments
2.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
SB73
Posts: 1265
Joined: Wed Sep 14, 2011 12:20 pm

Re: 10/04/2011 Intraday Watering

Post by SB73 »

I have ridden the wave down hard and I am finally seeing some divergences that tell me lift off may be upon us. I will watch to see if we get a close above 1090....if so, I believe up strong tomorrow.
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 10/04/2011 Intraday Watering

Post by KENA »

soku wrote:
KENA wrote:We are now in offical Bear mkt..Lets look for test of 1040/1020
thanks for the announcement. :D
now can u take a look at my tractor? it is a little bit too strong today. what do u think?
I got out of tractors with a small profit.I did not know that you bought any are you still holding.It is hard to know what this mkt will do.I will be holding SPY short with a call protection.So lets see.
hemlock21
Posts: 29
Joined: Mon Aug 01, 2011 11:21 am

Re: 10/04/2011 Intraday Watering

Post by hemlock21 »

I think we stop here to create a Doji so no one gets a heads up on tommorrows trade...
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 10/04/2011 Intraday Watering

Post by jarbo456 »

Cobra wrote:AAPL key time. hold would be potential double bottom, breakdown would be bad.
looks like a breakdown. -_- will the broader market now follow?
SB73
Posts: 1265
Joined: Wed Sep 14, 2011 12:20 pm

Re: 10/04/2011 Intraday Watering

Post by SB73 »

SB73 wrote:I have ridden the wave down hard and I am finally seeing some divergences that tell me lift off may be upon us. I will watch to see if we get a close above 1090....if so, I believe up strong tomorrow.
VIX closing back inside the BB...$NYLOW too high, Put call ratio too high
User avatar
shumushu
Posts: 315
Joined: Thu Feb 17, 2011 1:09 pm
Contact:

Re: 10/04/2011 Intraday Watering

Post by shumushu »

Apple absolutely crushed. Its selling as if no one will buy another apple product lol!
Attachments
6d7ae_rotten-apple.jpg
6d7ae_rotten-apple.jpg (195.24 KiB) Viewed 6201 times
User avatar
Cobra
Site Admin
Posts: 58769
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/04/2011 Intraday Watering

Post by Cobra »

no strong rebound till the close then it's bears victory. still 49 min to go, bears need pray. :mrgreen:
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
soku
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 10/04/2011 Intraday Watering

Post by soku »

KENA wrote:
soku wrote:
KENA wrote:We are now in offical Bear mkt..Lets look for test of 1040/1020
thanks for the announcement. :D
now can u take a look at my tractor? it is a little bit too strong today. what do u think?
I got out of tractors with a small profit.I did not know that you bought any are you still holding.It is hard to know what this mkt will do.I will be holding SPY short with a call protection.So lets see.
i know u ran like chicken. that's why i am saying it is my tractor. :D
still in, since the first day that i disclosed here. and i have stock, not option. so my exposure is a little bit bigger than usual. this morning it dip below 60 then rally back over 62. now it still in positive territory. i think we may have chance to see 57.
The goal is not uniformity. It is understanding and idea exchange.
User avatar
Cobra
Site Admin
Posts: 58769
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/04/2011 Intraday Watering

Post by Cobra »

AAPL breakdown. I don't understand, is name that important? what if AAPL names its new product iphone 5 instead of iphone 4s, would the world be saved? :shock:
Attachments
2.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
jaijailyc
Posts: 141
Joined: Sat Aug 06, 2011 5:33 pm

Re: 10/04/2011 Intraday Watering

Post by jaijailyc »

Cobra wrote:no strong rebound till the close then it's bears victory. still 49 min to go, bears need pray. :mrgreen:
If we close around here, wouldn't tomorrow most likely be a small green day?
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 10/04/2011 Intraday Watering

Post by KENA »

One thing that is bad for the mkt..UTLI one of the indicators I follow broke its 50dma and that will carry this mkt lower.Wait and see.Back to the BEAR camp.
User avatar
Cobra
Site Admin
Posts: 58769
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/04/2011 Intraday Watering

Post by Cobra »

multiple supports here for AAPL.
Attachments
2.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply