10/05/2011 Intraday Watering

[BullBear52x]

first Neg D failed right away, bulls take the trophy.

This high needs to get sticky, real sticky (it is failing at the moment.....)
our dow "squeezables" r just dickin around... they r still waiting and watching this "hi"
would it kill anybody here to keep an eye on our "other" sqz list??

I gave the bulls a benefit of a doubt, don't fall back below my BUY/SELL line in the sand because I am fast to switch side

[AK84]

AAPL almost touched the top of the octave. OUT!

ME TOO . GOT OUT AT 378

Excellent! Wanna see my chart?

Yes pleaseeee

Im holding a call spread overnight though now . minimize risk . name of the game !!! i expect more upside ....test of 384 at least
if not then so be it
ive made out well today
and yday trading this mofo up and down !!!

[Unique]

setting up for another massive short squeeze into the close.. first a quick head fake down...sounds crazy.. but then again ...

Time will tell..

[EvilTrader]

Cobra


do you think more upside this week, or are you bearish ?

[Grizzly]

Higher daily high on ES and SPY, but not on IWM.

[BullBear52x]

We need IWM to catch up (breaking out) then bulls will have another leg up likely bigger one. Up up up Ole Ole

[Cobra]

Cobra, in your blog yesterday you mentioned that following a day where the tick was negative, but the SPX was up over 1%, the instances since 2004 have all resulted in a future closing below yesterday's close. Are you buying shorts today to intentionally hold overnight?

I have my own system so don't generally follow those statistics.

For the short-term model I report everyday, for sure it'd hold short overnight because it has no choice.

[Cobra]

Cobra


do you think more upside this week, or are you bearish ?

if we close right here, at least tomorrow morning will be up, I mean any dip tomorrow morning will be bought.

[cougar]

AAPL almost touched the top of the octave. OUT!

ME TOO . GOT OUT AT 378

Excellent! Wanna see my chart?

Yes pleaseeee

Im holding a call spread overnight though now . minimize risk . name of the game !!! i expect more upside ....test of 384 at least
if not then so be it
ive made out well today
and yday trading this mofo up and down !!!

OK: on this chart, the 4/8 level was "assumed", based on the excessive congestion around 475. Thus, the 8/8 (top of the octave) was projected in the fiuture.
Good luck tomorrow!

[Dow Trader]

ES update

[99er]

Updates

EURUSD http://99ercharts.blogspot.com/2011/10/eurusd_1081.html
ES http://99ercharts.blogspot.com/2011/10/es_7173.html

[little piggy]

Cobra, in your blog yesterday you mentioned that following a day where the tick was negative, but the SPX was up over 1%, the instances since 2004 have all resulted in a future closing below yesterday's close. Are you buying shorts today to intentionally hold overnight?

I have my own system so don't generally follow those statistics.

For the short-term model I report everyday, for sure it'd hold short overnight because it has no choice.

LOL LOL, Looks like I have to hold short overnight too...

[jarbo456]

news breaking out? anyone know what it is?

[BullBear52x]

No way, Bulls trap, no way LOL.

[silicon_beaver]

Ok I am back. SPY still 113 ~ 114? that's value three hour!

Bull or bearish ? reading your posts.

[Al_Dente]

Looking at entry levels for a new short...

SPX4.png

uempel: “Yeah, al and I are related, we both like pasta al dente...”

in the “old days” firms would just throw the rookie brokers up against a wall, like spaghetti, to see who would stick (al dente stuck)

[shumushu]

setting up for another massive short squeeze into the close.. first a quick head fake down...sounds crazy.. but then again ...

hahah not likely, but did you read this book? lol

[Grizzly]

UH-OH!

[jarbo456]

setting up for another massive short squeeze into the close.. first a quick head fake down...sounds crazy.. but then again ...

wonder if this is the quick head fake down? i hope so!

[Cobra]

so far the breakout wasn't strong. hopefully this is just to back test the breakout point. the 2nd leg up is a little weaker, just a little, not a warning.