06/01/2011 Intraday Watering

[Cobra]

ok, I know what was wrong about my target predicting. Measured the wrong one. so accordingly, the mini rebound target has been met, but could be more if my theory works again, this time should be the strongest one among the 3. let's see.

[BullBear52x]

Failed Bull flag break out now looks more like a bear flag is in place besides falling back in the down channel. bears before heading to the bank need to take out 131.16 SPY

[cougar]

It looks like we shall go lower on close...

[BullBear52x]

Prepared for tomorrow, my new channel.

[Cobra]

another rebound attempt, this time should go higher than the tinted area.

[richer]

ok, I know what was wrong about my target predicting. Measured the wrong one. so accordingly, the mini rebound target has been met, but could be more if my theory works again, this time should be the strongest one among the 3. let's see.

Cobra, I followed your mechanic model, bought SDS yesterday. I am gald i did that. Just let you know. Thanks for your great work. I am not day trading. I try to do weekly trading.

[gabor]

This yo-yo still can go on for a while. I do not see any reason why not. Imagine that the market will form a cup and handle and finally break up.

[Mr. BachNut]

The ARMs index is at 3.5. Usually any close >= 2.0 is harbinger for some kind of rally next day.

[Namo]

WTF is going with GLD/SLV just dropped big time

[Cobra]

ok, I know what was wrong about my target predicting. Measured the wrong one. so accordingly, the mini rebound target has been met, but could be more if my theory works again, this time should be the strongest one among the 3. let's see.

Cobra, I followed your mechanic model, bought SDS yesterday. I am gald i did that. Just let you know. Thanks for your great work. I am not day trading. I try to do weekly trading.

awkward, if you mean Cobra Impulse System then short should be today.

[Cobra]

another failed rebound attempt. nothing to say now.

[wishful]

looks like today will end LOD, so will tomorrow gap down?

[Cobra]

looks like today will end LOD, so will tomorrow gap down?

normally, any gap tomorrow up or down will be filled. 64% chances are green day tomorrow.

[alvian33]

worst day ever

[Cobra]

panic sell finally i sense.

[richer]

ok, I know what was wrong about my target predicting. Measured the wrong one. so accordingly, the mini rebound target has been met, but could be more if my theory works again, this time should be the strongest one among the 3. let's see.

Cobra, I followed your mechanic model, bought SDS yesterday. I am gald i did that. Just let you know. Thanks for your great work. I am not day trading. I try to do weekly trading.

awkward, if you mean Cobra Impulse System then short should be today.

I means this:

"Intermediate 5 of 5 SELL 5 of 5 NEUTRAL Cobra Impulse in SELL mode; Non-Stop in SELL mode."

I have learn this hard. Do not against your model.

[Mr. BachNut]

ARMs index now 4.5!

[Cobra]

I have learn this hard. Do not against your model.

Right.

[StrikePrice]

Unless some Bull miracle happens we're closing below the downtrend line from the Feb High. Those who went short on yesterday's double top played it well.

At best I see the rebound reaching the Fib Fan line and then the next leg down. I guess only an amazing jobs report could reverse that. I'm not going to hold long and hope for that.

[Sleeperz]

UUP - US$ going up Second Greece bailout talks to be completed tomorrow or next week according to Germany.