03/02/2012 Intraday Watering

[Cobra]

Flat open, so any gap will be filled.

The Global ES tested the overnight high then had a pullback, kind of giving bears some hopes but the chart pattern is a little up biased.

[thomas777]

Hi Cobra

where can I see the nightly reports ?

Thanks

[noob]

Hi Cobra

where can I see the nightly reports ?

Thanks

www.cobrav.com

[proteus46]

McKinsey M-Prize for Management Innovatiion

http://www.managementexchange.com/harva ... sey-long-t

http://www.managementexchange.com/harva ... hallenge=3

[Cobra]

Hi Cobra

where can I see the nightly reports ?

Thanks

Thanks for subscribing my daily report.

And welcome aboard!

[noob]

Hi Cobra

where can I see the nightly reports ?

Thanks

Thanks for subscribing my daily report.

And welcome aboard!

From the volume of the board, top is near

[Cobra]

the open.

[Cobra]

Hi Cobra

where can I see the nightly reports ?

Thanks

Thanks for subscribing my daily report.

And welcome aboard!

From the volume of the board, top is near

Agree. It's been like this for the past 5 years when I started to run a board (the oldest one is hutong9.net). When the visits drop sharply, the top is near. But the only problem is it doesn't tell when.

[taggard]

http://www.ritholtz.com/blog/

from the big picture blog--more there

An inside day following an outside day is a relatively rare three-day pattern and has initially happened on six times since the current bull market began on March 6, 2009. In every case, the post 5-day return on the S&P500 was positive, averaging 2.08 percent.

Today’s pattern and run up looks very similar to the one made on January 31, 2011. The S&P500 rallied 22 percent in 108 trading days from the August 26, 2010 low into the inside/outside three-day pattern. It added another 4.4 percent in the next 14 trading days before correcting.

As of today’s close, the S&P500 is up 25 percent in the 1o3 trading days since the October 4th low. The market does feel like it lacks sellers and needs a real catalyst to knock it down, in our opinion. Interestingly, there are 13 trading days to the March 20th Greek bond maturity, which could suffer complications and provide the catalyst for a global equity correction.

Like many — maybe too many – we remain cautious and do look for a pullback after such a big move but do respect the trend and history.

[Petsamo]

Anyone know if marketwatch is screwed up? Or is this the new design?

[bbc]

Hi Cobra

where can I see the nightly reports ?

Thanks

Thanks for subscribing my daily report.

And welcome aboard!

From the volume of the board, top is near

Agree. It's been like this for the past 5 years when I started to run a board (the oldest one is hutong9.net). When the visits drop sharply, the top is near. But the only problem is it doesn't tell when.

another boring day seems.

[SB73]

Metals getting torched
Bulls have never seen a red bar that isn't a buying opportunity.
Lets pray for bears the grind higher is getting tired. Time for something new.

[jarbo456]

algos seem to be protecting yesterday's lows...btfd pattern - you know, the usual.

[SB73]

Metals getting torched
Bulls have never seen a red bar that isn't a buying opportunity.
Lets pray for bears the grind higher is getting tired. Time for something new.

I want to see if bears can break 137.20.

[uempel]

SPX trying to stay above daily BB13/1 at 1371, support below is the MA 9 at 1367:

[Cobra]

nothing to say. QQQ is strong, so bears still need pray.

[uempel]

CNBC: some technician now calling for SPX 1700. Do you guys remember 1999/2000, when some pundits were calling for DOW 20'000 and 40'000....

[stucap]

I guess this move in the dollar is "priced in", no? Comon! Even AAPL is red, can we get a 1% down day for the first time this YEAR?!?!?!?!?

[Petsamo]

Market looks like it wants to bounce

[jimme]

I guess this move in the dollar is "priced in", no? Comon! Even AAPL is red, can we get a 1% down day for the first time this YEAR?!?!?!?!?

Dollars up nicely. Try 10 day 1 min charts. They show 10days, but can shrink to right now instantly. BB uses them. Good luck. jimme