12/15/2011 Intraday Watering

[jarbo456]

10.3 vs 5 expected. 3.6 previous...

interesting.

[BullBear52x]

Here is my yellow lines, I will lighten up if we hit the top yellow area of 123.5ish.

[jarbo456]

looks like a classic sell the news?

[Me XMan]

Market smelling a rat.

10.3 vs 5 expected. 3.6 previous...

interesting.

[Al_Dente]

1 min internals
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

[newbie_77]

may be someone hit a wrong button "sell" instead of "buy"

Market smelling a rat.

10.3 vs 5 expected. 3.6 previous...

interesting.

[dcurban1]

Good morning to everyone on the U.S. side of the pond.

Cobra, I asked you a question about the Hindenburg late last night/early this morning in Market Outlook that you may have missed. http://www.cobrasmarketview.com/2011/12 ... -387145325

Thanks for getting back to me on that when you've got a chance.

I don't have my notes in front of me but a Hindenburg Omen needs a second or third within a few days as confirmation.

People look at it as foreshadowing a crash but in reality the Hindenburg Omen is a signal that the underlying market is showing significant weakness and rolling over while a few remaining issues push higher.

[Cobra]

not a good start, here's the support and the tinted area could be the target, I'm not sure.

[Mongoose]

Santa Rally or "Bear Fight"

http://www.youtube.com/watch?v=CVS1UfCfxlU

[jarbo456]

Market smelling a rat.

10.3 vs 5 expected. 3.6 previous...

interesting.

hahaha...it's been RATS galore for the past 6 months. i guess the fed just got a little too fancy with these numbers.

DOUBLE the expectations, and we sell. but if you are just SLIGHTLY over expectations, ramp, ramp, ramp! lol

[Cobra]

target at $122.44, missed one cent. But I count it as reached because I always cover a few cents above my target.

[SB73]

target at $122.44, missed one cent. But I count it as reached because I always cover a few cents above my target.

now what? Good report last night by the way.

[noname]

target at $122.44, missed one cent. But I count it as reached because I always cover a few cents above my target.

hi, Cobra:
The post time still summer time, is it possible swtich back? thanks!

[fusuke]

It's a setting you can change.

viewtopic.php?f=3&t=355

target at $122.44, missed one cent. But I count it as reached because I always cover a few cents above my target.

hi, Cobra:
The post time still summer time, is it possible swtich back? thanks!

[TWT]

SPX : It better be a fiver a doubtful fiver

[jarbo456]

market is not looking strong at all. it's fighting with Tuesday's lows of 122.45, which was acting as strong resistance yesterday...

[BullBear52x]

wasted of time, in cash. I think Santa cancel his trip.

[Cobra]

volume surge, biggest bar, it's an exhaustion. we could see a rebound of some kind here, then we'll see.

[KENA]

wasted of time, in cash. I think Santa cancel his trip.

Yes..Also went to cash..Waiting to short..Cobra may be right in his report last night..Wait and see

[Anaconda]

wasted of time, in cash. I think Santa cancel his trip.

Still holding my long hedges from yesterday (Jan SDS 18 puts), to offsite core position of JPM Mar puts and SDS Mar calls.
GL.
A