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Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 1:42 pm
by Cobra
Good, but there's another resistance ahead.

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 1:43 pm
by Cobra
wxtrader001 wrote:Cobra,will you bet the up gap tomorrow and then buy at today' close?
I don't give this kind of info. :D

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 1:47 pm
by PLMT
waiting for a down week!: )

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 1:49 pm
by 99er

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 1:51 pm
by wxtrader001
Cobra wrote:
wxtrader001 wrote:Cobra,will you bet the up gap tomorrow and then buy at today' close?
I don't give this kind of info. :D
haha, i won't do this but i think it's a high probability trade.thank you

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 1:57 pm
by Cobra
By the way, in this forum anyone is welcome to open a new thread. This watering thread is just for fun. Under "Market Analysis" only. "Getting Start" doesn't allow a new post nor reply.

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:00 pm
by Cobra
Unlike any other new forum, you open new thread, your post is good, you get double readers, because I've already own a large Chinese forum and I don't think my English blog has smaller readers. I mean I'm sure this forum will grow faster than you thought. So feel free to post here.

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:04 pm
by Cobra
Still it's a wedge, by the way, bulls need push really hard...

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:05 pm
by KENA
Sometimes I think we really don't have to much say in what happens. The High Freq. Traders control what direction thay want the Mkt. to go.

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:07 pm
by Cobra
KENA wrote:Sometimes I think we really don't have to much say in what happens. The High Freq. Traders control what direction thay want the Mkt. to go.
isn't HFT allowed now?

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:08 pm
by Jennyahwu
Cobra, do u think QQQQ need to roll back ? thanks

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:11 pm
by RedCedar
SPY's gap might not be filled today. If it does, only briefly ?

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:12 pm
by Cobra
The rebound is overlapping too, so still range day, nothing interesting...

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:13 pm
by Cobra
Jennyahwu wrote:Cobra, do u think QQQQ need to roll back ? thanks
I don't see. Remember my rule? The very first pullback from a new high is buy, so a pullback if indeed is not really bad.

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:17 pm
by Cobra
Those who may have question about price overlap: http://lh4.ggpht.com/_APmrYvpA45s/TVMWv ... 5B2%5D.png

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:18 pm
by wave
What's your target for the first pull-back?
Cobra wrote:
Jennyahwu wrote:Cobra, do u think QQQQ need to roll back ? thanks
I don't see. Remember my rule? The very first pullback from a new high is buy, so a pullback if indeed is not really bad.

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:19 pm
by RedCedar
Cobra, do you see this morning's pull back as the very first pullback ? or the "bigger" pull back in day's ahead ? Thanks !

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:20 pm
by Cobra
wave wrote:What's your target for the first pull-back?
Cobra wrote:
Jennyahwu wrote:Cobra, do u think QQQQ need to roll back ? thanks
I don't see. Remember my rule? The very first pullback from a new high is buy, so a pullback if indeed is not really bad.
This is not a real pullback yet.

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:23 pm
by Cobra
Green line and pink line underneath arguing for a higher price from here. Interesting...

Re: 02/15/2011 Intraday Watering

Posted: Tue Feb 15, 2011 2:26 pm
by Cobra
Anyone wants to bet coming H2 here? This time I really have no idea. :(