04/06/2011 Intraday Watering

[alwzopn]

Hi Cobra,

$TYX has broken out of downtrend line in last 2 or 3 week chart. TLT is going down accordingly.

What do you think of its trend in next few weeks to few months?

Thanks.

[koolblue]

原谅我说得太多了，我的主人...thx pal.. i have a great deal of respect for you and have followed your work for a long time now!...c ya tomorrow!

[Travelfrog]

Koolblue,

I see you are a numbers man. Have you ever come across this website?

http://www.howthestockmarketisprogrammed.com/

[lqiantobe]

Cobra~ tomorrow suppose the down day?

[koolblue]

btw, that last 5 min bar was another cycle top..short term anyway....this might prove useful to some... gotta go!..c ya!!!

[Cobra]

Overshot with volume surge, I see a small pullback here. Overall, bears not attacking today so bulls seem OK.

[Cobra]

Hi Cobra,

$TYX has broken out of downtrend line in last 2 or 3 week chart. TLT is going down accordingly.

What do you think of its trend in next few weeks to few months?

Thanks.

Hard to say TLT now. It was bullish until breakdown. Now need watch for awhile.

[Cobra]

Cobra~ tomorrow suppose the down day?

No idea, let's see how market close today. It still kind like a consolidation day for me, so not bad for bulls.

[AK84]

Cobra~ tomorrow suppose the down day?

No idea, let's see how market close today. It still kind like a consolidation day for me, so not bad for bulls.

what about the bearish engulfing on big names like pcln , nflx, open , sohu, etc. ? any thoughts ?

[99er]

Bloomberg's Chart of the Day

http://www.bloomberg.com/news/2011-04-0 ... e-day.html

[StrikePrice]

Cobra~ tomorrow suppose the down day?

No idea, let's see how market close today. It still kind like a consolidation day for me, so not bad for bulls.

A CLOSE >= 133.67 on SPY would be a win for the Bulls on the daily.

Bears having great intraday moves this week but I would not be shorting into this without a fail of the above IMO.

[Cobra]

Cobra~ tomorrow suppose the down day?

No idea, let's see how market close today. It still kind like a consolidation day for me, so not bad for bulls.

what about the bearish engulfing on big names like pcln , nflx, open , sohu, etc. ? any thoughts ?

Need follow through. I don't believe this market but so far I don't see any strength in bears.

[Cobra]

Fib and channel top. so far bulls are not bad.

[Cobra]

another overshot. bulls are still ok.

[StrikePrice]

Fib and channel top. so far bulls are not bad.

Looks like a W Bottom, I think someone mentioned this earlier today...but I guess we're going to have to see how the handle forms...

Cobra, I'm so tired of wait and see...is this market giving you anything for your splendid recap?

[BullBear52x]

last few days Bulls buy at close sell the next day 100% win rate.
Bears short at the open winning everyday too. what a market a trendless that is.

Bottom line, at this juncture you can be right about and hour or so it will move one way or the other soon enough. GL

[Cobra]

Fib and channel top. so far bulls are not bad.

Looks like a W Bottom, I think someone mentioned this earlier today...but I guess we're going to have to see how the handle forms...

Cobra, I'm so tired of wait and see...is this market giving you anything for your splendid recap?

I don't see anything special today so far, except that retailers are very very bullish, although the money is not as easy as before (don't you feel it?).

[99er]

SPX
Update.
http://99ercharts.blogspot.com/2011/04/spx_7613.html

[BullBear52x]

Here simple trend following SSO

[Me XMan]

Bought SDS to hold overnight.