12/20/2011 Intraday Watering

[knurbs]

If it gets through Spy 124.05 on the third push up it could run to 124.50 before close

[Cobra]

Hi Cobra,

I have a question for 4.9.1 TSX Long Term Trading Signals. What's the logic behind those color bars? I mean how do you determine when it becomes red, blue and green. I can follow it only if I understand it. It is a long term investment and I have to be careful. Many thanks.

http://stockcharts.com/school/doku.php? ... lse_system

[tdo722]

4%+ for RUT. They are not letting anyone on the bus I guess.

[Me XMan]

Bus will always come back to load up passengers

4%+ for RUT. They are not letting anyone on the bus I guess.

[PRI]

Merry Christmas Cobra,
Here is an early Christmas present... your own theme song!
The name of the song is "COBRASTYLE", I came across it on an episode of Entourage.
http://www.youtube.com/watch?v=wYn7rr4yZ9U
Here's a version sans unintelligible lyrics:
http://www.youtube.com/watch?v=R9e08RetOeo

[silkway]

TZA 27.74 P-BAR

[tdo722]

Bus will always come back to load up passengers

4%+ for RUT. They are not letting anyone on the bus I guess.

I should have trusted the 4hr postive divergence on the MACD/RSI for /es last night but I was too chicken.

[BenAndLloyd]

Where is Dr. Al today? I miss his internals

[tdo722]

Bus will always come back to load up passengers

4%+ for RUT. They are not letting anyone on the bus I guess.

I should have trusted the 4hr postive divergence on the MACD/RSI for /es last night but I was too chicken.

Oh well, live and learn, 4hr positive divergence macd/rsi on /es should be taken seriously and same with spx 1hr positive divergence.

[mac769]

Buy or Sell?

As an investor I would like to SELL into this incredible rally
but as a trader, I dont try to catch the flying knife



so probably the best idea is to sell the laggards in the portfolio, because if they don't rise today, they never will

and wait and see..

[reza]

Can you post the chart here?

TZA 27.74 P-BAR

[Petsamo]

For the bears: things will get worse before they get better

[janez]

Anyone holding shorts into tomorrow?

[waverider]

Where is Dr. Al today? I miss his internals

Good question, I think he's still on vacation. I'm guessing they would say $nyadv quite high, strong trending trading range day.

[FinancePhD]

Bus will always come back to load up passengers

4%+ for RUT. They are not letting anyone on the bus I guess.

Yes, not all institutions has loaded up equities today. They may do so in tomorrow's pull back. So you guys still have chances to take on the bus.

[quatzl]

Anyone holding shorts into tomorrow?

Yes.

[jarbo456]

Anyone holding shorts into tomorrow?

who's holding their longs overnight?

i'll probably sell half, and see if there's a dip tomorrow to buy into.

[Cobra]

consolidation. we might see another push up before the close.

[chocobee]

Anyone holding shorts into tomorrow?

Took profits on my long with the 3rd push - yeah I may pick up some shorts (nimble amount) in AH depending upon where we close today.

[CognitiveDissonance]

Anyone holding shorts into tomorrow?

who's holding their longs overnight?

i'll probably sell half, and see if there's a dip tomorrow to buy into.

That's a good plan, I may do that as well. I'm in TNA