03/27/2012 Intraday Watering

[Cobra]

no sharp down then it's bulls turn, the bias is up.

cobra ,
Bank of american charge me 10 cent every month because I pay the membership fee by creditcard. It 's not big deal,but still bother me while I get the statement.
Can I have any way to avoid this charge?
thanks

You can pay annually if you like but better you register a PayPal account first because if later you need update your credit card info, there's no way you do that. Contact me directly please, don't discuss this here. My email address is [email protected]

[uempel]

Signal at noon suggests a strong move...

1.png

Thank you very much, very helpful for timing, atleast i will be watching closely during the times you mention.

If your time permits, can you do a chart for AAPL intermediate term outlook? Thanks

No, can't help you with aapl. I don't understand the stock technically. Suggest you play around with fibs.

A few months ago I went short from 414 down to 360ish, bought back half the position at that level, but the second half was squeezed up to the stoploss.

aapl looks overbought but it keeps on zooming up. Someday it's going to crash down - after topping 700? 1000?

Thanks

dmid, second thoughts: if you want to short aapl I'd wait for correction followed by a rally which fails to take out the top - well that's how I would do it. But it might be quite boring. I remember shorting pfe many years ago - money was locked up for ages...

[Cobra]

sorry, missed the entry. It was a prefect long setup.

[uempel]

Reminder: there is an SPX signal at noon and from what I read in Al's charts it's going to be bullish

[Cobra]

now could be a double bottom. chances are the low was in.

[Al_Dente]

If you buy TVIX this morning you are happy man, looks like a swing buy will trigger today too, well, take 50% and let the other 50% run to the galaxy.

CAVEAT fine print:
Holding TVIX overnight can be dangerous to your health
And she can give u nightmares

“Stops” offer NO PROTECTION from overnight gaps, as they don’t trigger in overnight markets, they only trigger in daytime market hours
….. or did they change that rule too??

[Cobra]

target.

[BullBear52x]

My lead man never hit the low, any rally will be sold, since Trin is still negative, got Qs and IWM hit the bottom but not SPY or DIA.

[BullBear52x]

If you buy TVIX this morning you are happy man, looks like a swing buy will trigger today too, well, take 50% and let the other 50% run to the galaxy.

CAVEAT fine print:
Holding TVIX overnight can be dangerous to your health
And she can give u nightmares

“Stops” offer NO PROTECTION from overnight gaps, as they don’t trigger in overnight markets, they only trigger in daytime market hours
….. or did they change that rule too??

Thanks Dr. Al, two for two so far. any how no swing buy to hold over night just yet.

[dmid]

Signal at noon suggests a strong move...

1.png

Thank you very much, very helpful for timing, atleast i will be watching closely during the times you mention.

If your time permits, can you do a chart for AAPL intermediate term outlook? Thanks

No, can't help you with aapl. I don't understand the stock technically. Suggest you play around with fibs.

A few months ago I went short from 414 down to 360ish, bought back half the position at that level, but the second half was squeezed up to the stoploss.

aapl looks overbought but it keeps on zooming up. Someday it's going to crash down - after topping 700? 1000?

Thanks

dmid, second thoughts: if you want to short aapl I'd wait for correction followed by a rally which fails to take out the top - well that's how I would do it. But it might be quite boring. I remember shorting pfe many years ago - money was locked up for ages...

Thanks for sharing your thoughts,
Ya waiting to short, Cobra also suggests generally to short on a failed attempt to make new high.
currently day trading with options on the long side (small amounts though)

[uempel]

Someone the other day posted this marvelous chart concerning Livermores speculative cycle. I don't remember who. Sorry.
Anyhow, for fun, I fit the chart to AAPL with an interesting result.
I would say the pie is about fully baked...

Livermore Cylinder.png

Stock A.jpg

Nice chart BachNut

[Cobra]

AAPL is not a short. Don't short anything that make a decisive new high as chances are the high will be revisited at least.

[Kato]

ZB painted an inside day yesterday. This has been a good setup lately. Today ZB broke yesterday's high of the inside day candle triggering a buy. Long ZBM12 at 137270. Stop 1 tick below yesterday's low 136270

[uempel]

Update on the signal:

[TraderGirl]

Someone the other day posted this marvelous chart concerning Livermores speculative cycle. I don't remember who. Sorry.
Anyhow, for fun, I fit the chart to AAPL with an interesting result.
I would say the pie is about fully baked...

Livermore Cylinder.png

Stock A.jpg

Nice chart BachNut

Agree!! Very Nice!! Let's hope this pans out....

[KENA]

It is slow but got small trade in SPY calls for swing trade..PHM is now better and doing well..Hope some others got in because it could be one for a double..Time to work out.

[ryandbaird]

can you touch on why is was a perfect long set up?

[ken_d17]

can you touch on why is was a perfect long set up?

double bottom followed by range break out

[Cobra]

can you touch on why is was a perfect long set up?

It's the 2nd test of the previous low, couldn't make a lower low then strong signal bar, buy on break above the signal bar.

[uempel]

Message for Al_Dente, I like the tick info on the chart I showed here yesterday - I miss it on your newest version. Any thoughts?