Cobra's Market View

Looks like someone knows something.... SPY ~30M Vol on 10 min.... may be we will go down after FOMC at 2:15 ET

damn tos went crazy. my stops on es short and aud long were not triggered. be careful guys for this afternoon.

Update:

ricster3 wrote:

KENA wrote:

ricster3 wrote:update: all out of my puts, flat. markets are ridiculous.

Jumping in and out like you are doing is like chasing the bus..You never chatch it and seldom workes in your favor. Start a paper account and keep good records and practice and learn for a while.This will pay off.

True, but at the same time, you gotta manage your money (with stops), and I got my stop hunted here. litteraly. I was stopped out at the last uptick on that whipsaw... ridiculous.

Don't use stops for now..Be your own stop.

KENA wrote:

ricster3 wrote:

KENA wrote:

ricster3 wrote:update: all out of my puts, flat. markets are ridiculous.

Jumping in and out like you are doing is like chasing the bus..You never chatch it and seldom workes in your favor. Start a paper account and keep good records and practice and learn for a while.This will pay off.

True, but at the same time, you gotta manage your money (with stops), and I got my stop hunted here. litteraly. I was stopped out at the last uptick on that whipsaw... ridiculous.

Don't use stops for now..Be your own stop.

Kena

fibo618 wrote:Looks like someone knows something.... SPY ~30M Vol on 10 min.... may be we will go down after FOMC at 2:15 ET

no surprise ben made the no surprise decision already.
here is my eur chart. i think we may go lower to 1345 area. all lines are from weeks ago. maybe i shd switch to it.

Hopefully this makes up for the Ludacris song I posted the other day...

A very strong and powerful singer, especially for her age.
http://www.youtube.com/watch?v=rYEDA3JcQqw

TOLD you my uncle got nothing to say.

that's a big bar down.. what just happened

Update:[attachment=0]6.png

Stopped. Looks like sell the rip was the name of the game. Done for the day, good luck everyone.

Update

BKX http://99ercharts.blogspot.com/2011/11/bkx_02.html

Will the gap be fill today like Cobra said "normally"

newbie_77 wrote:that's a big bar down.. what just happened

Greece won't get next tranche of money.

Hanging on to weekly SPY 124 puts, grabbed at $1.50. Fun ride down!

BullBear52x wrote:A great TA trader pay attention to no TV, no News, no Phone, no one but his charts. Me? charts and Al's tube, right now Celtic Woman Oh Yay!

Bears won. Now that I’m flat, I have more time to harass u:
“Al” ? Whatever happened to “Dr. Al” ? I knew that shite wouldn’t last.
Yea I know…. u think Al’s just a “one trick pony” with his little A/D.
FYI: I got lotsa stuff here bud; I ain’t even showed u half of it yet…
here’s a teeny little preview right here… http://www.youtube.com/watch?v=SbyAZQ45 ... re=related

guys, I'm back.

I see exhaustion bar here on breakdown the OR low, could be a rebound of some kind here.

Update

RUT http://99ercharts.blogspot.com/2011/11/rut_4114.html

tdo722 wrote:screw this market, consolidating to wait for the bearded bandit.

Why so angry, you shorted at exactly the right spot and I didn't

uempel wrote:

tdo722 wrote:screw this market, consolidating to wait for the bearded bandit.

Why so angry, you shorted at exactly the right spot and I didn't

yea but got out fully at 124. look at it now.