07/28/2011 Intraday Watering

[KENA]

I am not sure about SODA. It can go higher but the chart has turned flat and I don't feel that good about it so profit has been taken on the pop up.

[Cobra]

the 2nd try on the high as I said, now key time. bulls need a decisive breakout to make things much simpler otherwise you still need my crystal ball which always breaks at very critical time.

[Cobra]

I don't know if any of you traders have NFLX but I am still holding ,Right now It is in a slow up trend.Wait and see.

yes then trend is still clearly up. not a very strong uptrend though.

Thanks Cobra since I do not Know how to get or make and post charts.

there's a post on how to post images. go to "Getting Start".

[Cobra]

I am not sure about SODA. It can go higher but the chart has turned flat and I don't feel that good about it so profit has been taken on the pop up.

SODA is clearly an uptrend too. Not a strong uptrend also.

[Cobra]

breakout but not strong enough so far. tinted area as cup with handle text book target. I don't think it'll be there judging by the weak breakout but no harm to know.

[hiram]

kena did u sell your appl sept calls, or did you buy them for a hold? im looking to see 375 in next few trading days looking to re enter the puts i sold at yesterdays bell at some point today. your thought if any?

hiram

[Cobra]

volume surge, so could see some pullback here. as long as green line held, it'll be bullish.

[KENA]

kena did u sell your appl sept calls, or did you buy them for a hold? im looking to see 375 in next few trading days looking to re enter the puts i sold at yesterdays bell at some point today. your thought if any?

hiram

I have not had appl calls for awhile and yes I did sell them.I was to chicken to get back in again.The hype was to much for me.

[Cobra]

hmm, target reached, now resistance.

[Cobra]

the next resistance, fib confluences area.

[cougar]

OUT of AAPL calls (bought this morning at the 388 bounce).

[99er]

Updates

Gold http://99ercharts.blogspot.com/2011/07/gold.html
Silver http://99ercharts.blogspot.com/2011/07/silver.html
Crude http://99ercharts.blogspot.com/2011/07/crude.html
30-Year http://99ercharts.blogspot.com/2011/07/30y_28.html

[hiram]

sorry kena it was cougar who posted the buy on calls for sept appl, nice move cougar, price came right back up to touch 5d which it now is hovering i reebought puts here for 3.10 that i sold yesterday for 4.30 i still think we see lower low in aapl in next few days as well as a lower low in s&p

hiram

[99er]

SPX
Channel.
http://99ercharts.blogspot.com/2011/07/spx_7605.html

[cougar]

LVS still on target: lucky 52.88!

[Cobra]

more up.

[Anca]

Opinions on target for RUT? Thanks

[cougar]

Apparently, my entry point was not well explained. Here is the reason for buying AAPL calls this morning:

[Cobra]

breakout failed to hold so pullback, but normally, should be another try on the upside later. we'll see.

[hiram]

Apparently, my entry point was not well explained. Here is the reason for buying AAPL calls this morning:

i understood exactly why u bought those calls if your message is directed at me and my hope is that the green line gets broke. which would correspond with a lower low yet to be seen in the spy. while i am at it whats your short term price prediction in aapl?

thanks very much appreciate your work

hiram