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05/27/2011 Intraday Watering
Re: 05/27/2011 Intraday Watering
That means short?uempel wrote:Thanks, here a picture of SPX skiing down a slope, I guess you'll like this.99er wrote:uempel:
You've outdone yourself with that one. Thanks!
Re: 05/27/2011 Intraday Watering
uempel: "skiing down a slope"
Being a beginner, I'll take the Blue, thanks.
Being a beginner, I'll take the Blue, thanks.
Re: 05/27/2011 Intraday Watering
Hello Cobra ...I have been a lurker for months ....I have a question about your outlook for next week. is week after Memorial bullish?
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StrikePrice
- Posts: 770
- Joined: Wed Mar 30, 2011 1:27 pm
Re: 05/27/2011 Intraday Watering
Swing Charting was mentioned yesterday so I'm posting an update to my Daily Minor Trend Chart. Which also fits well with the cycle talk mentioned here today.
Everyone here sounds like they're doing so real good stuff in this choppy market.
Everyone here sounds like they're doing so real good stuff in this choppy market.
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Re: 05/27/2011 Intraday Watering
yes, statistically.seeyou wrote:Hello Cobra ...I have been a lurker for months ....I have a question about your outlook for next week. is week after Memorial bullish?
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Re: 05/27/2011 Intraday Watering
Looks like a breakdown and backtest. Furthermore, look at volatility cycling low again on silver. Volatility troughs tend to be near peaks in silver during downtrends. This could mean silver sells off rather sharply over the weekend.
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Re: 05/27/2011 Intraday Watering
What will drive this rally next week with vix as low as it is and the euro rally in doubt ?
Re: 05/27/2011 Intraday Watering
cobra, do you expect a rally into the close?
Re: 05/27/2011 Intraday Watering
no idea. VIX is rising so probably not.alvian33 wrote:cobra, do you expect a rally into the close?
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Re: 05/27/2011 Intraday Watering
StrikePrice: I am not one of those! However, in this choppy market, systematically writing options, for weekly expirations, works while following the classical “trend discovery + confirmation, resulting in directional swings” is not very successful…This discrepancy is precisely due to the choppiness that your chart is showing.StrikePrice wrote:Swing Charting was mentioned yesterday so I'm posting an update to my Daily Minor Trend Chart. Which also fits well with the cycle talk mentioned here today.
Everyone here sounds like they're doing so real good stuff in this choppy market.
Re: 05/27/2011 Intraday Watering
That was a great trade. Thx Cletus for sharing!cletus wrote:Trouble for silver bulls. Why not believe someone who got the calls right? I just made 30% in 8 days in one entire account trading silver long, now short.
Re: 05/27/2011 Intraday Watering
some of us have been asking the same question for the past 2 years including me...andyway wrote:What will drive this rally next week with vix as low as it is and the euro rally in doubt ?
YES WE CAN don't need any reasoning. 
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Re: 05/27/2011 Intraday Watering
Cobra wrote:some of us have been asking the same question for the past 2 years including me...andyway wrote:What will drive this rally next week with vix as low as it is and the euro rally in doubt ?
Re: 05/27/2011 Intraday Watering
The IWM option premium is favoring the put over the call.
A slight more premium for the put.
A slight more premium for the put.
Re: 05/27/2011 Intraday Watering
Andyway,
I am not laughing at you, just Cobra's answer is truth about this market. I believe this market does not follow any reasoning/s. Everyone was talking how badly financials are doing. If Financials start rallying next week, Mr. market goes up higher. Darn, I wish I had a brother who works for GS.
I am not laughing at you, just Cobra's answer is truth about this market. I believe this market does not follow any reasoning/s. Everyone was talking how badly financials are doing. If Financials start rallying next week, Mr. market goes up higher. Darn, I wish I had a brother who works for GS.
Re: 05/27/2011 Intraday Watering
bot pivot for today is 1329.
Re: 05/27/2011 Intraday Watering
still a little shy of my mini pullback target. still looks like a bull flag, so the action is not bearish. 
still looks like a bull flag, so the action is not bearish. - Attachments
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Re: 05/27/2011 Intraday Watering
laoda, does AAPL's chart also look like a bull flag? Thanks~~Cobra wrote:still a little shy of my mini pullback target. :lol: still looks like a bull flag, so the action is not bearish. :mrgreen: