12/08/2011 Intraday Watering

[kaiboliu]

Still holding TZA and TVIX from a few days ago. Looking for advice on when to drop them.

Nice!! you must have a hard on

Walk Hard.

small position, and I am thinking close them today, I am really scare of tomorrow, have no idea what market will do.

[Me XMan]

OUI!
Looking at $124 now

[Cobra]

Cobra
Could you answer?
i registered at http://www.cobrasmarketview.com in summer(i think in august), nickname was "parker2011" (or it was registration in disqus?)
two days ago when i registered after donation, i decided to register nickname "parker"
now i can comment at http://www.cobrasmarketview.com only as parker2011, i cant log in as "parker"
but when i login as "parker" and press My account I see the date August 7, 2011 3:23 pm... it is very strange
Should I worry about it?

It's correct. The date August 7 refer to your comment made by parker2011 which is your id at Disqus, not at http://www.cobrasmarketview.com. Anyway, I mean nothing to worry. You'll get chance to know why you need "Parker" id before we really go member only.

And thanks for registering at http://www.cobrasmarketview.com. Really appreciate your supporting me.

[heavenskrow]

short crude couldnt be anymore perfect

[jarbo456]

OUI!
Looking at $124 now

ugh. i said SPY should be at 124. but then covered 75% of my position. who's the idiot now? -_-

[newbie_77]

jarbo456,
no one is an idiot for locking in profit and making $$$ ......

[Cobra]

triple top target. I don't believe the target yet, but I think you like my target chart, so here we go.

[Anaconda]

short crude couldnt be anymore perfect

Indeed.

[kaiboliu]

Al Dente & newbie_77: In case you wonder about my SPY time put spread: I "deconstructed" it this morning, also in 2 steps. First bought to cover the short arm and now, after a third drop, I sold the long arm…all for a profit.
Rationale: I do not want to have interlocked positions tomorrow, when weekly OpEx and the EU Kabuki Show overlap.

I also had a complementary QQQ time call spread, which I did not discuss here (with a strike = 57). Also closed it this morning in an analogous sequence of events, but with a different timing for selling the longs…

For tomorrow, I might enter different positions, when and if I would sense a ”hidden message” revealed by the trading during the second part of the day…Why would this be preferable to staying on the sideline? Because the first move in a fresh impulse is the most profitable and I would prefer not to miss it…But…is it too risky to be early?

Thanks cougar for showing us the time spread, I still don't really grasp the concept yet. I mainly do out of the money credit spreads.

[Me XMan]

Oh man that's guts hurting...

triple top target. I don't believe the target yet, but I think you like my target chart, so here we go.

[dcurban1]

triple top target. I don't believe the target yet, but I think you like my target chart, so here we go.

I think it might be time to close the window as there is a bit of a draft.

[cougar]

Paging BullBear: Hope you kept your EDC short position overnight…You had a GREAT entry point!

[KENA]

Closed my hedge position for a nice profit .Now lets see if support at 1240 holds..If not I buy back.Trend is still up.Letsee.

[newbie_77]

master cobra,
if we can hold here(1245) and below till 3pm then we will go more down otherwise selling for the day is over.... (am i correct here )

triple top target. I don't believe the target yet, but I think you like my target chart, so here we go.

[BBFinance]

triple top target. I don't believe the target yet, but I think you like my target chart, so here we go.

Hi Cobra,
I know this board is for day trading and the comments are inter-day.
Just wanted to clarify that this target that you have mentioned is for today.

Thanks for confirming.

[Al_Dente]

Open up to 30 min internals
http://stockcharts.com/h-sc/ui?s=$VIX&p ... =250178858

I’m obsessed today with my previous song link, re-posting ... http://www.youtube.com/watch?v=jDuye_qB ... re=related
Never heard her b4 yesterday…. didn’t know she was such a brilliant light… and she knew she had precious little time left…
gone toooo soon … which makes this Sting cover so poignant.
“I swear in the days still left, we will walk in fields of gold”
Sheeeeesh (only click if u are prepared to cry)

[Cobra]

master cobra,
if we can hold here(1245) and below till 3pm then we will go more down otherwise selling for the day is over.... (am i correct here )

triple top target. I don't believe the target yet, but I think you like my target chart, so here we go.

We must see big down day today otherwise, it's pretty much still consolidation therefore bulls still have better chances.

[KENA]

COBRA.. Tried to leave a comment last night at your web site but it would not accept my log on info.What do you suggest.I know my log on info so it is not the problem.

[Cobra]

triple top target. I don't believe the target yet, but I think you like my target chart, so here we go.

Hi Cobra,
I know this board is for day trading and the comments are inter-day.
Just wanted to clarify that this target that you have mentioned is for today.

Thanks for confirming.

Not today. but bears sure would hope it's today otherwise, the daily chart is still a consolidation pattern which favors bulls. Bears really need show strength here.

[Cobra]

COBRA.. Tried to leave a comment last night at your web site but it would not accept my log on info.What do you suggest.I know my log on info so it is not the problem.

Sorry, don't understand your question. You mean you cannot login at www.cobrasmarketview.com? If you have any problem related to that, please drop me a mail at [email protected]. Tell me your id at www.cobrasmarketview.com, please. And if you want to make a comment at www.cobrasmarketview.com, you have to have an id at Disqus (I think you do have). You cannot use your id at www.cobrasmarketview.com to comment I think.