Back to www.cobrasmarketview.com

12/19/2011 Intraday Watering

User avatar
heavenskrow
Posts: 1030
Joined: Tue Aug 16, 2011 11:17 am
Contact:

Re: 12/19/2011 Intraday Watering

Post by heavenskrow »

L_T wrote:
heavenskrow wrote:Long TVIX @ 36.85
What's your stop?
36.53 just below the 2 supports
i figure low risk/high reward...
Attachments
Untitled.jpg
nikman
Posts: 185
Joined: Tue Feb 15, 2011 1:20 am

Re: 12/19/2011 Intraday Watering

Post by nikman »

Tabby wrote:
noob wrote:
Cobra wrote:volume surge, biggest bar and overshot, bears better hope this is an exhaustion bar...
What happened? Pomo?
Wait till 12/21. Fed plans to auction/sell $16B paper.
What does that mean? The market is going to stay weak till 12/21? Thanks.
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 12/19/2011 Intraday Watering

Post by KENA »

Notice VHC today..I sold a few days ago for medium profit..Today it is up 3.40+
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 12/19/2011 Intraday Watering

Post by 99er »

Bored?

Paul Tudor Jones' Christmas lights.

http://www.businessinsider.com/watch-bi ... ow-2011-12
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 12/19/2011 Intraday Watering

Post by 99er »

Santa?

Forget the Santa rally, and pack up on parachutes. That is the advice of Bank of America's chief technician Mary Ann Bartels who in a note today writes: "Test of the October lows is underway – Santa is not coming - Last week the S&P 500 fell below its 50-day moving average which is the new level to watch – 1228. A failure to move above and hold the 50-day moving average confirms to us that we have already begun to enter the phase of testing the October lows near 1100-1074

http://www.zerohedge.com/news/bank-amer ... e-drop-950
User avatar
HappyFriday
Posts: 195
Joined: Fri Sep 02, 2011 1:29 pm

Re: 12/19/2011 Intraday Watering

Post by HappyFriday »

99er wrote:Santa?

Forget the Santa rally, and pack up on parachutes. That is the advice of Bank of America's chief technician Mary Ann Bartels who in a note today writes: "Test of the October lows is underway – Santa is not coming - Last week the S&P 500 fell below its 50-day moving average which is the new level to watch – 1228. A failure to move above and hold the 50-day moving average confirms to us that we have already begun to enter the phase of testing the October lows near 1100-1074

http://www.zerohedge.com/news/bank-amer ... e-drop-950
Yes, you are right. Santa is not coming to town. He is so busy to handle his girlfriends.
:lol: :D :lol:
User avatar
Cobra
Site Admin
Posts: 61830
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/19/2011 Intraday Watering

Post by Cobra »

L_T wrote:Cobra anything to say about potentially 5 (daily) reversal bars in a row on the VIX or is it just silly / unreliable now?

Still looks like VIX is about to reverse up, well NORMALLY.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 12/19/2011 Intraday Watering

Post by johnnywa »

Probably a 2 month forcast we are just looking 1-3days a head here
User avatar
Richarab
Posts: 617
Joined: Thu Sep 22, 2011 12:19 pm
Contact:

12/19/2011 Intraday Watering

Post by Richarab »

heavenskrow wrote:
L_T wrote:
heavenskrow wrote:Long TVIX @ 36.85
What's your stop?
36.53 just below the 2 supports
i figure low risk/high reward...
superb drink special price - your exit should be near $60, that's what I am thinking - Beary Christmas
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 12/19/2011 Intraday Watering

Post by johnnywa »

Here comes 3:00 rally,Cobra how you calling the close today?
minthan
Posts: 33
Joined: Wed Dec 07, 2011 1:01 pm

Re: 12/19/2011 Intraday Watering

Post by minthan »

Richarab wrote:
heavenskrow wrote:
L_T wrote:
heavenskrow wrote:Long TVIX @ 36.85
What's your stop?
36.53 just below the 2 supports
i figure low risk/high reward...
superb drink special price - your exit should be near $60, that's what I am thinking - Beary Christmas

Too much resistance ahead, best is wait.
Attachments
resist.PNG
User avatar
BullBear52x
Posts: 30707
Joined: Tue Feb 22, 2011 3:47 pm

Re: 12/19/2011 Intraday Watering

Post by BullBear52x »

VIX 25 is what bears need to take out today. I mean today it's a must or I'll switch side. :lol:
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
rhight
Posts: 608
Joined: Mon Jun 20, 2011 10:31 am

Re: 12/19/2011 Intraday Watering

Post by rhight »

How I structured a trade today. I've been plinking on the short side and have been able to capture 50 pts. since 12/5. Since this may also be a short term double bottom, I limited my risk to $200 with a tight stop and entry, but was still able to get 500 shares SDS in case there is a decent break to the downside.
Last edited by rhight on Fri Feb 17, 2012 11:05 am, edited 1 time in total.
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
Tabby
Posts: 924
Joined: Tue Feb 15, 2011 5:09 pm

Re: 12/19/2011 Intraday Watering

Post by Tabby »

nikman wrote:
Tabby wrote:
noob wrote:
Cobra wrote:volume surge, biggest bar and overshot, bears better hope this is an exhaustion bar...
What happened? Pomo?
Wait till 12/21. Fed plans to auction/sell $16B paper.
What does that mean? The market is going to stay weak till 12/21? Thanks.
It seems to me every time that we had selling auctions, market pulled back. So far all the selling Treasury auction around $8B but 12/21 we have two of them are scheduled , one during 10-11Am and one in Afternoon. We will find out if that has much affect in market. It is just a guess. On buying days seem to me market looks like today, just floating and boaring.
http://www.newyorkfed.org/markets/tot_o ... edule.html
User avatar
Cobra
Site Admin
Posts: 61830
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/19/2011 Intraday Watering

Post by Cobra »

nothing to say. still consolidation is not good for bulls.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
waverider
Posts: 863
Joined: Thu Aug 18, 2011 4:24 pm

Re: 12/19/2011 Intraday Watering

Post by waverider »

rhight wrote:How I structured a trade today. I've been plinking on the short side and have been able to capture 50 pts. since 12/5. Since this may also be a short term double bottom, I limited my risk to $200 with a tight stop and entry, but was still able to get 500 shares SDS in case there is a decent break to the downside.
Nice work, looks like a megaphone on /ES, but bears need a breakdown still.
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 12/19/2011 Intraday Watering

Post by Me XMan »

Getting ready for new LOD...
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 12/19/2011 Intraday Watering

Post by Me XMan »

KABOOM!
Me XMan wrote:Getting ready for new LOD...
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 12/19/2011 Intraday Watering

Post by Me XMan »

20.01 EU finance ministers fail to agree on raising the ESM €500bn ceiling.
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 12/19/2011 Intraday Watering

Post by 99er »

Post Reply