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Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:51 pm
by seekingknowledge
seekingknowledge wrote:
MrMiyagi wrote:
seekingknowledge wrote:
MrMiyagi wrote:Guardian (UK) says 2 trillion Euro bailout but someone mentioned CNBC saying it is a bullshit article.
http://www.guardian.co.uk/business/2011 ... -euro-fund
Not B.S. article, but the $ amount originally reported was not what seems to be. That's why the quick sell-down.
OK, I can't find the CNBC reference online.
What is the actual amount and is it a done deal?
Dang. They just talked about it again (on TV; not online). They again said the $ amount is not bullish as Guardian article stated. Our phone rang and I didn't catch the exact amount. I'll get back to listening, but Maria Bartiromo stopped speaking and they moved to someone else. I truly wouldn't give you all this news unless I heard it myself. I do need to get you the $ amount difference.

Here is an article, guys, that discusses the program.

http://www.cnbc.com/id/44944030

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:53 pm
by Cobra
let's see how market close. any "opportunity bears" being forced to cover.

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:53 pm
by Petsamo
Question for tomorrow: If we gap up like I suspect, do we press the sell button at the opening bell? Image

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:55 pm
by SB73
Petsamo wrote:Question for tomorrow: If we gap up like I suspect, do we press the sell button at the opening bell? Image
Would seem to me that a higher high is all but guaranteed at this point.

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:55 pm
by Cobra
guys, I clearly said before the price surge: the 1st up leg since the Oct 4 wasn't over yet, right? That made my day! :lol: :mrgreen: :mrgreen:

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:55 pm
by ultramarine
Petsamo wrote:Question for tomorrow: If we gap up like I suspect, do we press the sell button at the opening bell? Image
I would be very tempted to do just that. I just hope there is a gap up still left to short.

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:56 pm
by GreedyKojiro
Cobra wrote:now all you need to remember is cobrav, instead of long name.

also, cobramarketview.com = cobrasmarketview.com = cobrav.com, hopefully these eliminate some typing errors.

Thanks! You always make our lives easier!

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:56 pm
by Cobra
SB73 wrote:
Petsamo wrote:Question for tomorrow: If we gap up like I suspect, do we press the sell button at the opening bell? Image
Would seem to me that a higher high is all but guaranteed at this point.
yes, more up ahead!

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:57 pm
by ActiveTrader
Cobra wrote:no valid breakout, just a spike. let's wait for the dust to clear up.
If you look at the Bollinger Bands historically, a close outside of bands for 1-3 days has often led to a short-term trend reversal. The bulls should want a short-term pullback not a surge from here.

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:57 pm
by Cobra
hmm, indeed the close is interesting, instead of bears giving up, it's bulls. :o

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:58 pm
by janez
never say never.

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:59 pm
by SB73
Cobra wrote:hmm, indeed the close is interesting, instead of bears giving up, it's bulls. :o
watch the kick save into close

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 3:59 pm
by Cobra
well, guess that's if for today. life is full of surprise, there's nothing guaranteed in the stock market. I need dig more tonight. thank you guys, I'll see you tomorrow.

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 4:00 pm
by trader0303
Cobra wrote:now all you need to remember is cobrav, instead of long name.

also, cobramarketview.com = cobrasmarketview.com = cobrav.com, hopefully these eliminate some typing errors.
Cobra, you know we all have you as our home page anyways :lol:

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 4:00 pm
by flight23

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 4:01 pm
by STC
<guys, I clearly said before the price surge: the 1st up leg since the Oct 4 wasn't over yet, right? That made my day!>
Is the first leg up over now with today push?

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 4:02 pm
by Mr. BachNut
Psychotic trading day. :shock:

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 4:02 pm
by seekingknowledge
Exactly! As I was reporting from CNBC, the $ amount was incorrect. They're still talking about it now. They're saying that the $2T reported is "totally incorrect".

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 4:02 pm
by Cobra
STC wrote:<guys, I clearly said before the price surge: the 1st up leg since the Oct 4 wasn't over yet, right? That made my day!>
Is the first leg up over now with today push?
No.

Re: 10/18/2011 Intraday Watering

Posted: Tue Oct 18, 2011 4:03 pm
by Roadrunner
Petsamo wrote:
bubba22 wrote:Was there a Phantom Bar yesterday, I am showing one on TD ameritrade for SPY up to the 122.60 area
It isn't present on ScottradeELITE. Martketwatch.com has a phantom bar, but it isn't in the same location.
close enough EOD ;)