Back to www.cobrasmarketview.com

01/05/2012 Intraday Watering

gabor
Posts: 298
Joined: Mon May 09, 2011 6:16 am

Re: 01/05/2012 Intraday Watering

Post by gabor »

There is a nice double bottom in ES, with a target 1287 (Cobra's method)
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/05/2012 Intraday Watering

Post by Al_Dente »

cougar wrote:
Al_Dente wrote:PAGING COUGAR
Yes, I am arrogant too.
But I still hope we can be friends….
Yes, of course...
Watch those metals NOW! They got a second life..all at the same time..
I wonder: why?
Per my usual answer to everything (when I’m not being a smart azz)
Squeeze
I think u called for a bounce last week, no?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 01/05/2012 Intraday Watering

Post by cougar »

Al_Dente wrote:
cougar wrote:
Al_Dente wrote:PAGING COUGAR
Yes, I am arrogant too.
But I still hope we can be friends….
Yes, of course...
Watch those metals NOW! They got a second life..all at the same time..
I wonder: why?
Per my usual answer to everything (when I’m not being a smart azz)
Squeeze
I think u called for a bounce last week, no?
Yes, for gold...
But it is stronger than expected...If GLD climbs above 158, I will have to look at a new target.
Attachments
GLD.GIF
User avatar
BullBear52x
Posts: 30707
Joined: Tue Feb 22, 2011 3:47 pm

Re: 01/05/2012 Intraday Watering

Post by BullBear52x »

Financial is telling the whole world today they are not going down, so, if you trade what's in front of you the two red doted lines left charts are important to me up or down they're all in there.
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 01/05/2012 Intraday Watering

Post by jarbo456 »

alright longs...what's our target here?
User avatar
BullTart
Posts: 398
Joined: Thu Sep 01, 2011 12:23 pm

Re: 01/05/2012 Intraday Watering

Post by BullTart »

Ok this is now looking like the big boiz got info earlier than everyone else again.

Bullish info for banks, precious metals and bad for euro.

Of course, we will only find out after the news is released.

Could be some ECB money printing news or something to that effect that may come out. That would make sense for rallying equities, precious metals, and a declining euro.

At around 11:20am today, the banks and precious metals exploded higher, on volume with no news.

That my friends is a sign that something is most definitely up.
Last edited by BullTart on Thu Jan 05, 2012 2:39 pm, edited 1 time in total.
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 01/05/2012 Intraday Watering

Post by tdo722 »

This scamturd BKX is rising without a negative divergence on 1hour time frame. I am puzzled. I would still short it when it gets to the upper pitchfork.
Attachments
bkx.PNG
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 01/05/2012 Intraday Watering

Post by johnnywa »

So win win if your long.NFP if we open down we close high. If we gap up we close lower so sell gap and flip or sell long into close? ??
SB73
Posts: 1265
Joined: Wed Sep 14, 2011 12:20 pm

Re: 01/05/2012 Intraday Watering

Post by SB73 »

I don't think bulls can clear 128.18...just initiated short on SPY with stop at 128.20. Take me out bulls...this is an intraday trade only
gabor
Posts: 298
Joined: Mon May 09, 2011 6:16 am

Re: 01/05/2012 Intraday Watering

Post by gabor »

jarbo456 wrote:alright longs...what's our target here?
1287-1293 for today :lol:
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 01/05/2012 Intraday Watering

Post by jarbo456 »

SB73 wrote:I don't think bulls can clear 128.18...just initiated short on SPY with stop at 128.20. Take me out bulls...this is an intraday trade only
and you're out.
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 01/05/2012 Intraday Watering

Post by tdo722 »

XLF does have a negative divergence. high reward low risk short setup at horizontal and trendline resistance at $13.65.
Attachments
xlf.PNG
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 01/05/2012 Intraday Watering

Post by Me XMan »

BULLS PILE!!!
1:30 PM Contrarian bulls will take no heart from the latest AAII Investor Survey showing bullish sentiment rising 8.3 points to 48.9% with bears sliding 13.7 points to 17.2%. The long term bullish average is 39%, bearish 30%
SB73
Posts: 1265
Joined: Wed Sep 14, 2011 12:20 pm

Re: 01/05/2012 Intraday Watering

Post by SB73 »

SB73 wrote:I don't think bulls can clear 128.18...just initiated short on SPY with stop at 128.20. Take me out bulls...this is an intraday trade only
Well the broker took the commission and got a few bucks off me
tdo722
Posts: 953
Joined: Wed Oct 05, 2011 3:19 pm

Re: 01/05/2012 Intraday Watering

Post by tdo722 »

jarbo456 wrote:
SB73 wrote:I don't think bulls can clear 128.18...just initiated short on SPY with stop at 128.20. Take me out bulls...this is an intraday trade only
and you're out.
:) meanie...
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 01/05/2012 Intraday Watering

Post by Me XMan »

He'll be back...I'm getting to short shortly.
jarbo456 wrote:
SB73 wrote:I don't think bulls can clear 128.18...just initiated short on SPY with stop at 128.20. Take me out bulls...this is an intraday trade only
and you're out.
SB73
Posts: 1265
Joined: Wed Sep 14, 2011 12:20 pm

Re: 01/05/2012 Intraday Watering

Post by SB73 »

jarbo456 wrote:
SB73 wrote:I don't think bulls can clear 128.18...just initiated short on SPY with stop at 128.20. Take me out bulls...this is an intraday trade only
and you're out.
that was fun....still up for the day had a couple of solid ones early
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 01/05/2012 Intraday Watering

Post by jarbo456 »

SB73 wrote:
SB73 wrote:I don't think bulls can clear 128.18...just initiated short on SPY with stop at 128.20. Take me out bulls...this is an intraday trade only
Well the broker took the commission and got a few bucks off me
sorry...didn't mean to sound like an ass...-_- not my style.
User avatar
BullBear52x
Posts: 30707
Joined: Tue Feb 22, 2011 3:47 pm

Re: 01/05/2012 Intraday Watering

Post by BullBear52x »

right now a bull return move over my yellow line, if you bears can't go long here, you don't want to short it until another break back down set up. right now bulls are laughing to the bank period. simple, it is what it is, I see a break out of ascending triangle in the work but will it succeed? that's remain to be seen. be nimble that what I have to tell myself, news are for dinner time entertainment only.
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
waverider
Posts: 863
Joined: Thu Aug 18, 2011 4:24 pm

Re: 01/05/2012 Intraday Watering

Post by waverider »

This is nuts...
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
Post Reply