Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:03 pm
a break thru channel....
And now..... ladies and gentlemen boys and girls..... it is time for.....
POWER HOUR!!!!!
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The Intraday US Stock Market Discussion Board
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06/08/2012 Live Update
Page 10 of 11
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:04 pm
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:04 pm
I did not trade to day my mind was not on the trading path...I may go short Spy puts .Mkt is pushing for a little higher high but may have to accept a lower hi...Mon. open could be interesting.Lets see. 
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:06 pm
I am a buyer at 1250.Richarab wrote:immediate term watch smack down at 1600 ishCobra wrote:in wait and see mode, still a little bullish biased.Orange wrote:Cobra, what is your view on gold? The breakout several days ago is real or not? Thanks!!!
http://stockcharts.com/public/1684859/c ... /124844123;
Near term flying for easing and Spanish sentiment this weekend is the lever now
Near to long term 1250 is my target
No easing - legs from this crater - even with printing press and currency completely disentangled from gold (no reality ) gold is not debt and debt rules the world
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I am here: http://tapatalk.com/map.php?e414uc
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:09 pm
Nice 5 day trend line.
Get's interesting after the break.
Get's interesting after the break.
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:10 pm
Forgot the chart. 
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:12 pm
I trade ES too, but since most people can only read stock charts, so that's why I only talk SPY here.tradilus wrote:Great calls today, thanks. I was with you all the way on the upside move... I follow your calls on SPY but trading mostly ES - are there any important issues you would recommend to follow?Cobra wrote:well, at least one target met. you don't want to see a little bit bigger pullback here though.
BTW - I can see the update came just in time for me to exit before the pullback...
To follow me, you have to have your own trading system, you can feel a little more confident when my direction agrees with yours.
Generally, my call here is not supposed to be followed. calling the market is much easier than actual trading.
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:14 pm
good, no big pullback, the bull still have legs. I hope the weekend meeting won't be too disappointed.
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:15 pm
Cobra - what do you think about AAPL close? I have some short calls to get out of.
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:18 pm
important resistances lies ahead. I won't bet it would pass on the very first try but the chart so far is bullish biased.nicha wrote:Cobra - what do you think about AAPL close? I have some short calls to get out of.
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:18 pm
What meeting is that?Cobra wrote:good, no big pullback, the bull still have legs. I hope the weekend meeting won't be too disappointed.
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:19 pm
guys, before the weekend, please offer me some bailout or stimulus package by voting and following me, thanks: http://stockcharts.com/public/1684859/tenpp
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:21 pm
If China has poor economic data this weekend, but Europe does a TARP, does the market go up or down?
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:22 pm
first down then up?Michelle wrote:If China has poor economic data this weekend, but Europe does a TARP, does the market go up or down?
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:27 pm
Thanks Cobra and everyone, Have a good weekend.
TA note: patience bears patience, it's no go.
TA note: patience bears patience, it's no go.
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:27 pm
What do you make of these?
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:27 pm
still bullish biased.
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:33 pm
All they did was fill the EOD Gapdown on bonds to do the presidential salute... on no volume - reversal next - Closed TBT long, and shorting TBT at Close
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:33 pm
That's an incredible loss, to be sure. The article says they haven't reported what their losses are yet, so this is probably closer to the truth. We're going to have to bail out the banks again because of their fb losses.
Re: 06/08/2012 Live Update
Posted: Fri Jun 08, 2012 3:34 pm
Spy volume with 25mins to go:
today - 104,306,198
yesterday - 184,622,000
today - 104,306,198
yesterday - 184,622,000