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12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:03 am
by Cobra
Small gap down open, within yesterday's range, so chances are the gap will be filled and yet another range day today.
The Global ES doesn't look good, clearly 3 push up - 3 attempt to make a new high but all failed, so it's usually the time for you Earth people quit and trying the opposite direction. Let's see. If indeed trying the opposite position, bear must push really hard, another slow day today would mean it's still a consolidation therefore bad for bears.
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:06 am
by yjin76
sup Cobra, just subscribed last night, looking forward to your comments
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:13 am
by noob
Morning Cobra, finally breakdown? Let's wait and see.
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:16 am
by quientuves
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:24 am
by jynmax
pleeeeeeeeeeeeeeeeas push down...for my NQ brothers who died for hedging my ES overnight short position.
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:31 am
by Petsamo
The DAX has a large red candlestick. We're probably not gonna push down too much in the first two hours.
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:32 am
by Cobra
the open.
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:33 am
by bobo
There was a small change in the McClellan Oscillator yesterday. Expect a large move in the market in the next day or two. I believe it will be down and will accelerate after the 10:15 pivot. There will be a move afoot to set up a trade for opex week.
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:36 am
by Cobra
noob wrote:Morning Cobra, finally breakdown? Let's wait and see.
too early to say that.
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:36 am
by Cobra
yjin76 wrote:sup Cobra, just subscribed last night, looking forward to your comments
Thanks, really appreciate!

Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:37 am
by Cobra
strange, where's everyone? Already on holiday schedule?

Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:39 am
by viewer
I'm here!
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:40 am
by noob
Cobra wrote:strange, where's everyone? Already on holiday schedule?

Yeah strange. Usually 2-3 pages by now!
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:40 am
by BBFinance
GM Cobra. Hope you remember me. Its BB Finance. Have registered with your main site and am really happy with the progress you have made with your site. You are a role model in doing things right and being humble.
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:42 am
by jarbo456
i'd really love to see vix back above 30 to confirm more down ahead. otherwise, i might have to lighten my shorts on this opening dumb. i expect some whipsaw at some point today...it's becoming the norm.
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:42 am
by heavenskrow
WEEEEEEEEEEEE BEAR PORN BABY!. Hey whats up BB finance, I see your posts on SOH and they are quite good =]
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:44 am
by Me XMan
Love this trading...looking to cover my shorts and go long today...somtimes soon I hope.
Give me a dead cat bounce...
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:44 am
by TWT
SPX: The Double Top has a target at 1233
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:44 am
by heavenskrow
Keep in mind spy is holding level 1 MA right now but ES looks very bad
Re: 12/07/2011 Intraday Watering
Posted: Wed Dec 07, 2011 10:45 am
by BBFinance
Thanks Buddy. I enjoy the comments of you guys here. In a short position but will get out soon.