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12/20/2011 Intraday Watering

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Cobra
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12/20/2011 Intraday Watering

Post by Cobra »

First of all, just a reminder, mobile users, we support Tapatalk on this forum, you can find more details here: http://www.cobrasmarketview.com/2011/we ... tents-now/

Huge gap up, but within yesterday's range, so I have no idea whether the gap will be filled or not.

Nothing to say about Global ES, other than it's facing resistance now. Double Bottom? Well, it has to breakout above blue line first, otherwise it's just a imaginary pattern.
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Me XMan
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Re: 12/20/2011 Intraday Watering

Post by Me XMan »

Lucky I covered half yesterday. Now wait 1hr and see with this big gap up.
Eagle_Eye
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Re: 12/20/2011 Intraday Watering

Post by Eagle_Eye »

Me XMan wrote:Lucky I covered half yesterday. Now wait 1hr and see with this big gap up.
TNA up 6.5% from yesterday's purchase at the close. I don't want to say "I told you" but....santa is here.

Same exact pattern over the last month as March - April - and in mid April up up and away.

My chart from Thursday:

http://stockcharts.com/h-sc/ui?s=$SPX&p ... &listNum=1
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Me XMan
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Re: 12/20/2011 Intraday Watering

Post by Me XMan »

I'm happy for you my friend. :D
Eagle_Eye wrote:
Me XMan wrote:Lucky I covered half yesterday. Now wait 1hr and see with this big gap up.
TNA up 6.5% from yesterday's purchase at the close. I don't want to say "I told you" but....santa is here.

Same exact pattern over the last month as March - April - and in mid April up up and away.

My chart from Thursday:

http://stockcharts.com/h-sc/ui?s=$SPX&p ... &listNum=1
Eagle_Eye
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Re: 12/20/2011 Intraday Watering

Post by Eagle_Eye »

If the pattern from March - April holds true and continues, the S&P highs should be tested. Maybe 100 S&P points in 2 weeks? Bulls can have a X-mas wish I guess :). I know Cobra doesn't adhere to front-running, though interesting to see what develops the next 2 weeks. Blow off top I think. good shorting opp in a few weeks IMO.
SB73
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Re: 12/20/2011 Intraday Watering

Post by SB73 »

Me XMan wrote:Lucky I covered half yesterday. Now wait 1hr and see with this big gap up.
Stops got ran while I was sleeping, still made some money...what can I say. Overnight market is a roll the dice situation. We now have 4 straight gaps higher.
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99er
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Re: 12/20/2011 Intraday Watering

Post by 99er »

Good Morning.

Honey...

http://99ercharts.blogspot.com/2011/12/honey.html

I'm home.
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Me XMan
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Re: 12/20/2011 Intraday Watering

Post by Me XMan »

If market want to attack SPX 1225 then I'm there to short it.
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99er
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Re: 12/20/2011 Intraday Watering

Post by 99er »

So what's for breakfast?

EURUSD http://99ercharts.blogspot.com/2011/12/eurusd_20.html

Besides a Butterfly.
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99er
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Re: 12/20/2011 Intraday Watering

Post by 99er »

So what should we do today?

ES http://99ercharts.blogspot.com/2011/12/es_20.html

Surf or ski?
Eagle_Eye
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Re: 12/20/2011 Intraday Watering

Post by Eagle_Eye »

Shorts gonna get run over by a reindeer next two weeks IMO.
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99er
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Re: 12/20/2011 Intraday Watering

Post by 99er »

What does Dr. Copper say?

HG http://99ercharts.blogspot.com/2011/12/copper_20.html

"Ruby Tuesday."

GLTA.
LBJ_OldPeking
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Re: 12/20/2011 Intraday Watering

Post by LBJ_OldPeking »

Morning Cobra, could you pls comment on VIX? It gaps down to a lower low after several dojis........I am worried since I hold heavy positions, seems santa rally is coming....thanks!
SB73
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Re: 12/20/2011 Intraday Watering

Post by SB73 »

SB73 wrote:
Me XMan wrote:Lucky I covered half yesterday. Now wait 1hr and see with this big gap up.
Stops got ran while I was sleeping, still made some money...what can I say. Overnight market is a roll the dice situation. We now have 4 straight gaps higher.
I guess I should be paying attention 4 straight gaps higher should be roll with loaded dice :lol:
Rip Van Trader
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Re: 12/20/2011 Intraday Watering

Post by Rip Van Trader »

Potential megaphone continuation setup in bonds, but I don't have much confidence in it. Strong bonds don't seem to go with weak dollar.
cougar
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Re: 12/20/2011 Intraday Watering

Post by cougar »

Good morning!
Three consecutive days with similar patterns.
It's time for a CHANGE!
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grachu
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Re: 12/20/2011 Intraday Watering

Post by grachu »

cobrA I GOT THE app for the phone but there is no way of knowing all the foes.... so we need a list from you so we can put it in there. I just want to see your posts otherwise Is hard to see your updateds it gets crowded.. :)
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Cobra
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Re: 12/20/2011 Intraday Watering

Post by Cobra »

the open. way too stretched, so could see a pullback of some kind here.
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Me XMan
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Re: 12/20/2011 Intraday Watering

Post by Me XMan »

Is this similar to Hope and Change?
cougar wrote:Good morning!
Three consecutive days with similar patterns.
It's time for a CHANGE!
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Me XMan
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Re: 12/20/2011 Intraday Watering

Post by Me XMan »

Only Grandma got run over by reindeers :D :lol:
Eagle_Eye wrote:Shorts gonna get run over by a reindeer next two weeks IMO.
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