10/10/2012 Live Update

[Mr. BachNut]

So, at this point, the top of yesterday's SPY P-Bar would be a Fib 62.8% retracement of the down move from Friday's high.
FYI

[Cobra]

Cobra,

First, I want to thank you and all the members here for a great board.
I have been reading the board and learning for some time now, thought I’d start to contribute.
I mainly watch AAPL and SPY.

All,
Here is my first chart- I see a IHS form on AAPL hourly- what do you think? Can you please help me with coming up with a target? (I think it is somewhere in the 655 area, not sure).

supes

Thanks and welcome aboard!

I don't read AAPL as H&S Top though because the slope of the neckline is too steep. Just feeling, maybe you're right.

[Cobra]

Cobra & Co.,

It's been a couple months since I've been here...some may recall I forecasted a 100 point drop about 2 months ago...we're in that move now. Cobra: love your intraday measured move calls (really second to none)! Anyway, here is a snapshot of current activity...

Virdigo

Thanks.

[Jack12]

Cobra,

First, I want to thank you and all the members here for a great board.
I have been reading the board and learning for some time now, thought I’d start to contribute.
I mainly watch AAPL and SPY.

All,
Here is my first chart- I see a IHS form on AAPL hourly- what do you think? Can you please help me with coming up with a target? (I think it is somewhere in the 655 area, not sure).

supes

Check out Bulkowski or chartpatterns he gives you all the variants are percentages
and welcome, good trading to you

[Cobra]

guys, before falling into sleep, please take a little time to vote for me. It won't take you too long, just 2 clicks. http://stockcharts.com/public/1684859/tenpp

[Nrsimha]

At this rate of descent, I expect a strong bounce tomorrow.

Whatever happened regarding that SPY P-bar from yesterday?

[supes]

I don't read AAPL as H&S Top though because the slope of the neckline is too steep. Just feeling, maybe you're right.

I meant an inverse head-and-shoulders, which you say is only valid after a downturn. After the fall from 705, this seems like a bullish development. Did I get this right?

[uempel]

Last update - check out the signal in 11 minutes. Last post for today, bye guys

[Out of Bounds]

The only reason I am still awake is that someone is bringing me food.

[MrMiyagi]

At this rate of descent, I expect a strong bounce tomorrow.

Whatever happened regarding that SPY P-bar from yesterday?

[Mr. T]

At this rate of descent, I expect a strong bounce tomorrow.

Whatever happened regarding that SPY P-bar from yesterday?

It's going to happen........ then we're back to "We're never going down again!!!!!"

[Harapa]

Last update - check out the signal in 11 minutes. Last post for today, bye guys

60.png

I see no support (from VIXies) for bulls but support for bears waning a little bit.

[TraderGirl]

At this rate of descent, I expect a strong bounce tomorrow.

Whatever happened regarding that SPY P-bar from yesterday?

If I can see that p-bar on my charts, it is usually irrelevant...

[MrMiyagi]

Awakenings..

[Cobra]

members only updates at 3:25pm:
http://www.cobrasmarketview.com/2012/10 ... ay-update/

[SB73]

members only updates at 3:25pm:
http://www.cobrasmarketview.com/2012/10 ... ay-update/

thanks Senor...the value of your service has increased significantly with these special intraday updates.

[ClarkW]

members only updates at 3:25pm:
http://www.cobrasmarketview.com/2012/10 ... ay-update/

NICE, COBRA!

[L_T]

Cobra does this meet the Trading Markets condition of buying the 7 day low if it closes right here?

[TWT]

SPX: short term count

[marty]

members only updates at 3:25pm:
http://www.cobrasmarketview.com/2012/10 ... ay-update/

Great job !!!!