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04/27/2011 Intraday Comment

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Cobra
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04/27/2011 Intraday Comment

Post by Cobra »

Small gap up or flat open whatever gap should be filled and since today is FOMC we should see roller coaster show after 12:30pm ET and 2:15pm ET press conference. Yes, that's right, the rate announcement will be at 12:30pm ET, NOT 2:15pm ET.
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Institutional actions from StockTiming. Overall, my reading is bearish, especially unlike the previous times, this time despite the market skyrocketing high but there's simply no institutional accumulations here.
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chickencoop
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Re: 04/27/2011 Intraday Comment

Post by chickencoop »

morning!
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99er
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Re: 04/27/2011 Intraday Comment

Post by 99er »

Good Morning.

So this site advertises Aston Martins for lease (at $3000 a month); what am I doing wrong?

ES update: http://99ercharts.blogspot.com/2011/04/es_27.html
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Re: 04/27/2011 Intraday Comment

Post by 99er »

EURUSD
Are Aston Martins cheaper in Euros?
http://99ercharts.blogspot.com/2011/04/eurusd_27.html
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Cobra
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Re: 04/27/2011 Intraday Comment

Post by Cobra »

the open.
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Cobra
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Re: 04/27/2011 Intraday Comment

Post by Cobra »

the Global ES looks like a breakout is in the card.
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AK84
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Re: 04/27/2011 Intraday Comment

Post by AK84 »

hi cobra

how do u read BIDU's chart ahead of earnings ?
chart doesnt look too bad but negative divergence on RSI and potential MACD bearish cross?
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Re: 04/27/2011 Intraday Comment

Post by Cobra »

could be an Ascending Triangle, so may see breakout before FOMC announcement.
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Cobra
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Re: 04/27/2011 Intraday Comment

Post by Cobra »

AK84 wrote:hi cobra

how do u read BIDU's chart ahead of earnings ?
chart doesnt look too bad but negative divergence on RSI and potential MACD bearish cross?
the chart pattern doesn't say anything other than clear uptrend. The divergence is a little too big, but it's hard to time when the pullback will be. ER is hard to bet, so no idea.

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Cobra
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Re: 04/27/2011 Intraday Comment

Post by Cobra »

funny, another black bar. all recent black bars had worked.
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stocksage
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Re: 04/27/2011 Intraday Comment

Post by stocksage »

aapl a steal this week, will run 15-20 imo next week after nasdaq rebalancing.
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Re: 04/27/2011 Intraday Comment

Post by 99er »

SPX
Relax, Ben.
http://99ercharts.blogspot.com/2011/04/spx_27.html
The "wealth effect" works!
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Cobra
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Re: 04/27/2011 Intraday Comment

Post by Cobra »

careful here, although too early to say, but I think we'll see more pullbacks. the argument is that we had a 2 legged up to test the previous high then another failed attempt to make a new high then rollover and the rollover is broad based, so should be more pullbacks from here. we'll see.
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stocksage
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Re: 04/27/2011 Intraday Comment

Post by stocksage »

reverse head and shoulders breakouts on many indicies, ibm etc.
cletus
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Re: 04/27/2011 Intraday Comment

Post by cletus »

VIX target = 35
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soku
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Re: 04/27/2011 Intraday Comment

Post by soku »

it seems to me es 1340 area holds again. we r going up again
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noidea
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Re: 04/27/2011 Intraday Comment

Post by noidea »

cletus wrote:VIX target = 35

Cletus,

according to your cycle model today shold be THE day... or are we going to wait for a few more days? :?
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KENA
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Re: 04/27/2011 Intraday Comment

Post by KENA »

I think we have seen the top for now. Might be another push up that will fail then we may correct to the 1315/1319 area befor another test of the high. Waite and see.I may go short SPY sometime today.
AK84
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Re: 04/27/2011 Intraday Comment

Post by AK84 »

AMZN breaking out . June 190 calls reccomended.
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KENA
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Re: 04/27/2011 Intraday Comment

Post by KENA »

AK84 wrote:AMZN breaking out . June 190 calls reccomended.
I think there debt load may be to high for much of a push up. They may start tending down.
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