03/15/2012 Intraday Watering

[KENA]

SWALSH..You have said this before but what is the difference between computers trading and Algos.I thought both were the same???

[TWT]

SPX: The fifth should be in progress. Max target = 1424.70

if the first wave =the third wave ,the fifth wave will be extension and it will be the longest wave??

Sorry but unless it is unfolding a 1 2 ; I II III .... to da Moon since the wave 3 < wave 1 then wave 5 cannot exceed the length of the wave (3) = 30.78 points

[ClarkW]

IWM: Back test or more up, up and awwaaaay? I'm guessing Cobra would say reaction to red line will provide the answer
Al I think this was stolen from you. As you'd say an "oldie but a goodie"

Clark
What a handsome chart; I thought I recognized that one
Heres my revised one not much diff
http://stockcharts.com/h-sc/ui?s=IWM&p= ... =249210443

Thanks! I'll add it to my 'Al Dente' folder I'm not a 1-5min. chart guy, big fan of your longer stuff. Now if only one could chart their own emotion

[BullBear52x]

IWM: Back test or more up, up and awwaaaay? I'm guessing Cobra would say reaction to red line will provide the answer
Al I think this was stolen from you. As you'd say an "oldie but a goodie"

Clark
What a handsome chart; I thought I recognized that one
Heres my revised one not much diff
http://stockcharts.com/h-sc/ui?s=IWM&p= ... =249210443

I will have an up date to night on TNA IWM

[Just Trading]

BullBear,
Care to preview your update....?
Thanks.

[stucap]

Cobra, 3rd day outside of the BB. Any significance?? Thnx.

no, why do you ask? you really think this market is overbought?

[Al_Dente]

IWM: Back test or more up, up and awwaaaay? I'm guessing Cobra would say reaction to red line will provide the answer...Al I think this was stolen from you. As you'd say an "oldie but a goodie"

Clark...What a handsome chart; I thought I recognized that one
Heres my revised one not much diff
http://stockcharts.com/h-sc/ui?s=IWM&p= ... =249210443

I will have an up date to night on TNA IWM

Blablabla
u r just jealous cuz folks don't steal yr cool charts

[Cobra]

well, I guess bears are hopeless now, looks like an Ascending Triangle.

[Cobra]

not a valid breakout, but no harm to know the target.

[Fredwong]

SPX: The fifth should be in progress. Max target = 1424.70

if the first wave =the third wave ,the fifth wave will be extension and it will be the longest wave??

How you guys get 1st = 3rd?

1st on TWT chart is 34.73
3rd on TWT chart is 32.73

That's a whole 2 points longer than 3. That is significant.

If the 3rd< 1st ,the fifth wave will not be extension ? may be shorter than the 1st and 3rd?

[wayne0708]

Cobra: if AAPl closes here more down tomorrow?

[BullBear52x]

IWM: Back test or more up, up and awwaaaay? I'm guessing Cobra would say reaction to red line will provide the answer...Al I think this was stolen from you. As you'd say an "oldie but a goodie"

Clark...What a handsome chart; I thought I recognized that one
Heres my revised one not much diff
http://stockcharts.com/h-sc/ui?s=IWM&p= ... =249210443

I will have an up date to night on TNA IWM

Blablabla
u r just jealous cuz folks don't steal yr cool charts

I said I am going to trade TVIX one day, watch. I got TVIX speciall coming up too. this one will really going t cost you 19 songs.

[moth]

IWM: Back test or more up, up and awwaaaay? I'm guessing Cobra would say reaction to red line will provide the answer
Al I think this was stolen from you. As you'd say an "oldie but a goodie"

Clark
What a handsome chart; I thought I recognized that one
Heres my revised one not much diff
http://stockcharts.com/h-sc/ui?s=IWM&p= ... =249210443

Your charts are the best, and your heart’s the biggest. I know you can’t please everyone but I’m sure I speak for many when I thank you for so generously sharing your chart with all their settings included on stockchart.com links.

[TWT]

BAC : I would suugest that it is now a bit overbought

[btran874]

SPX: The fifth should be in progress. Max target = 1424.70

if the first wave =the third wave ,the fifth wave will be extension and it will be the longest wave??

How you guys get 1st = 3rd?

1st on TWT chart is 34.73
3rd on TWT chart is 32.73

That's a whole 2 points longer than 3. That is significant.

If the 3rd< 1st ,the fifth wave will not be extension ? may be shorter than the 1st and 3rd?

Yes if you go by the rules of EWP. But who knows, what if 1389.97 is not wave 4 but in fact part of 3 still? If you read Cobra's report last night, you already have the road map for the next several weeks. Cobra uses the term fireworks which is AKA ending diagonal. Expect yo-yo market for the next several weeks. What I believe is this leg up from 1340.03 is part 1 of 5 parts.

You fill in the blank.

[BullBear52x]

BullBear,
Care to preview your update....?
Thanks.

Break out material, well, triple tops or 3rd time is a charm deal.

[jimme]

well, I guess bears are hopeless now, looks like an Ascending Triangle.

It has been hopeless since 10:35. Very sad. Good luck to all and have a good evening. jimme

[Al_Dente]

CLARK NO EMOTION
NO EMOTION CHART
Here’s my latest NO EMOTION renko, “longer term” 4 u, 60 min renko with 60 cent bricks (boxes)
I swear to gaaad I don’t remember if I stole this one or made it up all by myselfffffff trial and error
I like it bcuz NO emotion, sorta…plus it works, sorta…
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =260522251

MOTH what a nice thing to say, thank u very much, I appreciate that more than u kno…
PS I learned how 2 share from the king snake u kno who

BARON von TVIX
Just make sure u read the prospectus
I don’t want u tradin’ stuff u don’t understand
[joke, joking only]

[Just Trading]

BullBear,

Just for fun....what's your hunch. Thanks much!

[Cobra]

totally a failed breakout, but still it could be a larger Ascending Triangle, let's wait. I'm pretty much give up any hopes for bears.