11/01/2011 Intraday Watering

[Apple]

SPX bounce?
http://99ercharts.blogspot.com/2011/11/spx.html

Maybe at lower channel line of (gold) or (magenta), 1225 to 1235.

GLTA.

Thanks for your charts, 99er. Your call for channel surfing yesterday proved to be accurate. Your last name wouldn't happen to be Papandreou, would it?

[Richarab]

drink specials done here at Trader Vix.
but the DJ just started playing
i think its ladies night

[Cobra]

the open. way too stretched, so should be a rebound of some kind.

[EvilTrader]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

[Al_Dente]

MS down almost 10%

[ricster3]

You guys all know by now I blew up my account being into weekly puts last week.. Well, with what I had left, I went AGAIN into weekly puts yesterday... only to sell them when Cobra started talking about an inverted H&S...

So, instead of making a quadruple this morning at the open and be back into the game, I scalped $10. LOL.

[waverider]

drink specials done here at Trader Vix.
but the DJ just started playing
i think its ladies night

Drink specials have room to run.

I was stopped out of FAZ yesterday, quite frustrating!

[moneybreath]

wish people would explain their posts (drink specials?)so begginers could understand

[chodaboy19]

You guys all know by now I blew up my account being into weekly puts last week.. Well, with what I had left, I went AGAIN into weekly puts yesterday... only to sell them when Cobra started talking about an inverted H&S...

So, instead of making a quadruple this morning at the open and be back into the game, I scalped $10. LOL.

I feel you, we live and we learn.

[Richarab]

wish people would explain their posts (drink specials?)so begginers could understand

drink specials are cheap drinks, typically well drinks, at a bar or cantina.
ladies night is when the ladies get in free

[pady]

Any DOW stock which might be down too much ? Something that can be an intraday play for a few pennies ? XOM, CAT down way too much ?

[Cobra]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

[EvilTrader]

You guys all know by now I blew up my account being into weekly puts last week.. Well, with what I had left, I went AGAIN into weekly puts yesterday... only to sell them when Cobra started talking about an inverted H&S...

So, instead of making a quadruple this morning at the open and be back into the game, I scalped $10. LOL.

Stay strong.

Trading builds character.

You will know your true self being a trader.

[noob]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

Lao da calm down =) A lot of us appreciate what you do here!

[BlackThought]

Many ppl tryna guess and nail the intraday bottom, I say we make a new intraday low before we bounce.

[Al_Dente]

Cobra’s “too stretched” shows up in the internals with a bear, but weak tick
NYDEC monster bear >2600… let’s see it hold
VIX correcting
THIS IS SH bear chart (NO SPY HERE)
http://stockcharts.com/h-sc/ui?s=$NYDEC ... listNum=15

[Cobra]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

Lao da calm down =) A lot of us appreciate what you do here!

I'm calm. I just complain that no matter what you do, even you knee on the ground begging people to take your money for free, you'd still get blamed.

[ocassional observer]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

you shouldn't be pissed off. it's exactly this kind of comments of disbelief that make this indicator work. think what would have happened if everybody acted on this signal.

[jarbo456]

Market Lesson #2334 : Never stay long with an extremely high NYMO
Market Lesson #2335 : Specially after a mega-rally

good lesson. I was blamed for sharing this NYMO thing twice: why you brought out this? in strong market it doesn't work!

I cannot believe this: I share my secret without asking anything back, and it proved work even with the strong up that we did have sharp pullback the last 2 times, but still people blamed me for bringing it out. That's unbelievable. Now you should know why I was so pissed off.

cobra, it was one of the ONLY indicators keeping me in 150 contracts of spy puts! you're the man. and now i'm seeing the other indexes catching up with the S&P. i think we're heading lower.

[fehro]

Bounce? or.....