12/02/2011 Intraday Watering

[jarbo456]

i think bears have the best chance if they can close in the red today. that would form a red star doji top pattern. if the doji is green, i'm not so sure it signals a top, even if it's a falling star. but perhaps someone knows the significance of a red or green falling star better than i do.

[Cobra]

Hi Cobra,
I was on vacation until last night...Missed the big move this week...anyway, I signed up last night for your website as a "charter" member and continue to look forward.
thanks for your great efforts and insights!
Vats

Thanks, really really appreciate. I don't know why, for 50K IP visits every month, I really didn't get much supports for merely $10 a month, which, I admit, I'm a little disappointed.

[Me XMan]

Can you have bigger avatar?

Spy is still holding the key MA on 5 min bar, VXX is sitting on support, TLT is retesting resistance...

[uempel]

Update, expecting a move in 5 min, presumably to the upside, but it's only a guess, I don't know.

[Cobra]

doesn't look good so far, let's pray for bulls: may the force be with you!!!

[newbie_77]

master cobra,
thank you very much ...

master cobra,
so we tested the LOD for 3 times so now we should start the upside right? to test the morning high?

NORMALLY, we should breakdown. More test on the support, less chances it'd hold, so it should breakdown somewhere.

[heavenskrow]

Can you have bigger avatar?

Spy is still holding the key MA on 5 min bar, VXX is sitting on support, TLT is retesting resistance...

[kaiboliu]

Broke down now...

[RZRsharp]

Hello Cobra/all!

Not much to say, but I know you guys pay attention to Phantom Bars, and I got one at 2:45 on IWM and TNA.

Anyone else see it on your charting programs?

[Me XMan]

ON YOUR KNEES BULLS!!!

doesn't look good so far, let's pray for bulls: may the force be with you!!!

[Cobra]

Update, expecting a move in 5 min, presumably to the upside, but it's only a guess, I don't know.

ddd.png

forget it's about the stock, itself is really a nice picture, Uempel. When will you have your personal art exhibition? I'd be there.

[seeyou]

master cobra,
so we tested the LOD for 3 times so now we should start the upside right? to test the morning high?

NORMALLY, we should breakdown. More test on the support, less chances it'd hold, so it should breakdown somewhere.

spx target 1222

[Cobra]

breakdown, so here's the target, but I don't believe the target yet simply because bulls have lots of free money, so green cycle. let's wait and see.

[HappyFriday]

I don't think anyone will hold the weekly gain over weekend.
Why RIMM chops its own head today ?

[heavenskrow]

TLT

[jarbo456]

might be a two bar reversal so the bulls have a small chance here. and i never really trust a bearish breakdown late on a friday afternoon. it seems these days it's been a good opportunity for market makers to ramp.

[h2oskier]

Hi Cobra,
I was on vacation until last night...Missed the big move this week...anyway, I signed up last night for your website as a "charter" member and continue to look forward.
thanks for your great efforts and insights!
Vats

Thanks, really really appreciate. I don't know why, for 50K IP visits every month, I really didn't get much supports for merely $10 a month, which, I admit, I'm a little disappointed.

Switch to pay mode on both your main page and your bulletin board area. If you can for a teaser to entire people to join so that they can see the value of this site, lock both areas as pay, but visitors get 1 week of viewing for free (or what ever timeline you prefer). This allows people to view the past comments, experience it first hand, at $10/month, its more than worth it. Sometimes people need that little push. If the $10 scares those people away, do you really want those people here in the first place? Fewer hits means a smaller server, less cost... If people convert and pay, well then a larger server is not an issue...

But that's just my 2 cents worth.

[heavenskrow]

/ES

[BullBear52x]

update: nothing exciting yet.

[noob]

i think bears have the best chance if they can close in the red today. that would form a red star doji top pattern. if the doji is green, i'm not so sure it signals a top, even if it's a falling star. but perhaps someone knows the significance of a red or green falling star better than i do.

Cobra's market outlook tried to explain, though he said black vs red doji I think.