05/26/2011 Intraday Watering

[agnosia]

I tried when I was in China. Most of the forum sites are banned in China, including google blog.

have you guys in china tried to use tor? you can connect to a tor proxy that resides outside of china and then you should be able to get to any site that they block through that proxy server.

https://www.torproject.org/

[slamdunk]

ok, whoever in China, please try http://www.ht9mirror0.net again. thanks.

C:\Users\Admin>ping ht9mirror0.net

正在 Ping ht9mirror0.net [209.62.40.165] 具有 32 字节的数据:
来自 209.62.40.165 的回复: 字节=32 时间=238ms TTL=49
来自 209.62.40.165 的回复: 字节=32 时间=238ms TTL=49
来自 209.62.40.165 的回复: 字节=32 时间=242ms TTL=49
来自 209.62.40.165 的回复: 字节=32 时间=238ms TTL=49

209.62.40.165 的 Ping 统计信息:
数据包: 已发送 = 4，已接收 = 4，丢失 = 0 (0% 丢失)，
往返行程的估计时间(以毫秒为单位):
最短 = 238ms，最长 = 242ms，平均 = 239ms

But still can not open in IE

[Cobra]

ok, whoever in China, please try http://www.ht9mirror0.net again. thanks.

C:\Users\Admin>ping ht9mirror0.net

正在 Ping ht9mirror0.net [209.62.40.165] 具有 32 字节的数据:
来自 209.62.40.165 的回复: 字节=32 时间=238ms TTL=49
来自 209.62.40.165 的回复: 字节=32 时间=238ms TTL=49
来自 209.62.40.165 的回复: 字节=32 时间=242ms TTL=49
来自 209.62.40.165 的回复: 字节=32 时间=238ms TTL=49

209.62.40.165 的 Ping 统计信息:
数据包: 已发送 = 4，已接收 = 4，丢失 = 0 (0% 丢失)，
往返行程的估计时间(以毫秒为单位):
最短 = 238ms，最长 = 242ms，平均 = 239ms

But still can not open in IE

ok, wait for another hour.

[Cobra]

nothing to say, more up should be normally.

[viewer]

Back test 132.7 soon?

[cletus]

A breakout in IWM has been, but on weak volume, not sure about it. I am still long this via call options.

[Cobra]

big picture, playing exactly like I planed for 3 push down 2 leg up (at least). if this last 60 min bar close strong, generally we should see some weakness the last hour. if however, we don't see weakness on the last hour, then chances are much higher that bears are totally dead again. let's see.

[99er]

TF
Okay...78.6% it is.
http://99ercharts.blogspot.com/2011/05/tf_5214.html

[StrikePrice]

big picture, playing exactly like I planed for 3 push down 2 leg up (at least). if this last 60 min bar close strong, generally we should see some weakness the last hour. if however, we don't see weakness on the last hour, then chances are much higher that bears are totally dead again. let's see.

Awesome charts and another perfect plan.

I saw a bunch on the board who took some snake bites today. Not really sure why you're here is you choose to ignore the Cobra.

Thanks, Cobra. Have a great day!

Btw, pretty cool I'm sharing charts with traders in China. I love this internet thingy.

[lilitulip]

A breakout in IWM has been, but on weak volume, not sure about it. I am still long this via call options.

Hi Cletus,

Do you think there is resistance line from iwm 5/2/ till now (daily chart)? thanks

[KENA]

We have been steadly going dn. Look at the facts...April 29 1363.61....May 10 1357.16....May 12 1348.65...May 19 1343.60....May 26 (to day) 1328.51..These are closing highs(except today) My point is don't get to bullish and get caught. I think the mkt will go dn tomorrow.We have made a series of lower highs and I think we will be putting in a nice lower low. Wait and see.

[FJoe]

Does anyone understand the swing high and swing low strategy. Did we have both a daily swing low and swing high yesterday...so wouldn't the real breakout be whichever direction was broken...and the high from yesterday was taken out...so more upside?

Thanks

[StrikePrice]

Does anyone understand the swing high and swing low strategy. Did we have both a daily swing low and swing high yesterday...so wouldn't the real breakout be whichever direction was broken...and the high from yesterday was taken out...so more upside?

Thanks

Are you asking about the Main, Intermediate or Minor Trend?

Must use Outside Bar rule, "if the first move of the outside bar is to the low then up to the high, the minor trend line moves down to low then up to high."

We have higher high today which means Swing Charts are moving up.

[gabor]

big picture, playing exactly like I planed for 3 push down 2 leg up (at least). if this last 60 min bar close strong, generally we should see some weakness the last hour. if however, we don't see weakness on the last hour, then chances are much higher that bears are totally dead again. let's see.

Cobra, does it mean, that the SPX will break out the upper channel border? You said, that the at least two legs up should be larger than the previous ones.

[ocassional observer]

10 year treasuries making new lows, fundamentals keep pointing to softening, this rally is not to be trusted.

[Cobra]

well, here comes the last hour weakness, hopefully it's just a temp one.

[Cobra]

big picture, playing exactly like I planed for 3 push down 2 leg up (at least). if this last 60 min bar close strong, generally we should see some weakness the last hour. if however, we don't see weakness on the last hour, then chances are much higher that bears are totally dead again. let's see.

Cobra, does it mean, that the SPX will break out the upper channel border? You said, that the at least two legs up should be larger than the previous ones.

yes, but first of all, we must close strong today. no last hour selling please!

[Anaconda]

well, here comes the last hour weakness, hopefully it's just a temp one.

Maginot Line. Under 1325 by close.

[gabor]

Do you mean, the two legs are done by now, or you expect more tomorrow?

[Cobra]

Do you mean, the two legs are done by now, or you expect more tomorrow?

don't know now, will have to gather more evidences.