01/03/2012 Intraday Watering

[Cobra]

the open. way too stretched, so might have a pullback or consolidation here. Overall, don't short on such a huge gap up, reversal is rare...

[RealMoneyIssues]

Happy New Year and Get Well soon Cobra !!!

[laoguo]

Happy New Year to Cobra LaoDa!

Hope you get well soon.

[BullTart]

VIX not playing along with 25 up handle on the /ES.. one would think that it would be down more than just 3%.

[cougar]

GM Cobra and Happy new year, what a day you got sick to start the year and I am 20 SPX point under the water right away, get well soon I got to work hard for free this week

Yes...Remember our discussion yesterday?
I am still hoding those puts...

[BullBear52x]

Internals will be more so important than ever, Trin is still lower than Friday's. I am not going to fight it just no rush to do anything yet. but still looking to sell double top though and will buy dip if dip is over 127, any thing under 127 I see it as weakness.

[90ufo]

Wish Cobra recover soon! Best wishes for the new year!

[honzer7]

VIX not playing along with 25 up handle on the /ES.. one would think that it would be down more than just 3%.

that's exactly what I was thinking/looking at

[BullBear52x]

GM Cobra and Happy new year, what a day you got sick to start the year and I am 20 SPX point under the water right away, get well soon I got to work hard for free this week

Yes...Remember our discussion yesterday?
I am still hoding those puts...

I will reassess them later no rush here either.

[99er]

Quick honey...

SPX http://99ercharts.blogspot.com/2012/01/spx_03.html

Let's load the truck.

[jarbo456]

happy new year everyone. get better soon cobra!

this is 2012, and i'm really excited for the new year of trading. so happy to get 2011 behind me.

hey doc al, do we have any internals yet?

btw, when i post up about the bond report, it's really only when something is extraordinarily interesting and potentially helpful. don't worry, i don't have any proprietary, and or secret methods. though i wish i did!

the test of the october SPX 1293 seems very much in the cards for the bulls now that we've broken up above our previous three peaks.

[waverider]

Good morning! There are two reports at seven (ten), often times if one trades during the report, he/she can get slippage, so it's often better to wait until after. Wish I would've remembered the first day of the year is typically a gap up...

Get well Cobra

[laoguo]

Quick honey...

SPX http://99ercharts.blogspot.com/2012/01/spx_03.html

Let's load the truck.

Good Picture, 99er.

[Al_Dente]

1 min internals
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

mfg data just reported: 53.9 better than expected

[jarbo456]

1 min internals
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

mfg data just reported: 53.9 better than expected

thanks!

[dcurban1]

Guys, I'm really sick today, can barely move, so will have no comments. You have a great day. Will have the daily report as scheduled, no matter what though.

Gap up above last Friday's range, so chances are the gap won't be filled.

Take your rest and get better Cobra.

[Cobra]

OR target.

[Mr. BachNut]

Trapped pilot short.
My Stop Loss approacheth.
Thesis looking wrong rather than early based on opening strength.
If stopped out, I'll stick to market neutral for the rest of the week.

[Al_Dente]

5 min internals
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

Note that it took a few minutes but NYADV did confirm the spy highs
NYADV high on day 2569 (schwab numbers)


11/8/11 spy high = 128.02
Today’s intraday spy high so far 128.34

[BullBear52x]

see how hard it takes to be a bear, doesn't take much for bull to get it right. today will be boring and as intraday flat.