11/01/2011 Intraday Watering

[Me XMan]

Watch SPX will test the low this AM.

[BullBear52x]

Line in the sand resistance.

[Al_Dente]

So far it's looking like a buy-the-intraday-dip day.

I'm thinking sell the rip, keeping an eye on DAX, intraday double top is on the table.

also 10s treas futures are coming off tops

[cougar]

Although a SELL VIX signal was clear at opening, we should note that in the recent “bearish conditions” once VIX jumped above the Acceleration Channel, it stayed above it for about 3 days.

[tdo722]

i see no pos d on any timeframe, anyone?

[Cobra]

COBRA..Thanks for your work..I was to busy trading this morn. to say anything.You have a good evening report And no matter what you say I take it to heart..In the end all traders may add to your report in there own mind and trade accordenly..Keep up the good work we appreciate it. There should be no bashing.We need all the help we can get.

thanks.

[heavenskrow]

Sold TVIX at 60% profit! woohoo
Could go higher, but i dont want to be greedy.

[mac769]

Anyone for a ride after -20% in 3 days?

Right at support now... but not for the chicken

[cougar]

On my VIX chart, the Acceleration Channel = blue

[q2model]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

Cobra: Thanks a lot for all your work. I learned so much from you, more than the top 5 business school I went and paid $100K for. So, please stay positive. Also, it is okay for you to vent once a while, so, we can appreciate you more.

[Al_Dente]

Where's the amazon link? I want to buy a book today out of appreciation!

that’s the best of the day, instead of blabbing about how much we love Cobra….BUY A BOOK from him

scroll down to bottom
http://www.cobrasmarketview.com/

[uempel]

Good chart for today:

[Cobra]

Where's the amazon link? I want to buy a book today out of appreciation!

it's in the main site, at the bottom.

[Mr. BachNut]

es 1220-1222 was 10/26 bottom. now becomes a res area. i am expecting a reb to 1232-1235, hopefully today

Reasonable. That is also the top area of the consolidation zone from 10/12 - 10/20. Should be a lot of support in there.

[Al_Dente]

Big honkin’ SPY rally, WHY ARE THE DECLINING ISSUES STILL >2500 monster bear
Obviously they have not gotten the bull memo….. not yet

[Cobra]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

Cobra,
PLEASE do not let your detractors shake your confidence, or make you feel like you have to explain yourself. 50,000 people monitor YOUR site. Not his.
We value your information. It is quite possible that those who question why you share red flags that are contra indicators are not sophistacated traders or
possibly not intelligent enough to understand your motivation.
You have proven the effectiveness of your analysis over and over (insert 100 x - like you say) again. Stick with what works and remember that you do not have
to explain / defend your observations.
And as always, thank you for sharing your valuable work.

Thanks.

[Cobra]

purely feelings. more rebound should be.

[pady]

Pullback to 122.25 and up to 123.43-124. Completes abc.

[waverider]

So far it's looking like a buy-the-intraday-dip day.

I'm thinking sell the rip, keeping an eye on DAX, intraday double top is on the table.

also 10s treas futures are coming off tops

Yeah, they're still respecting their channel though. Hopefully the FED doesn't ease, we don't want hyperinflation! Bernanke has too much sway, he needs to be removed.

[gxcar]

Where's the amazon link? I want to buy a book today out of appreciation!

it's in the main side, at the bottom.

Thanks. Done. You're great!