03/01/2012 Intraday Watering

Post by **Cobra** » Thu Mar 01, 2012 10:03 am

Gap up but within yesterday's range so the gap might be filled.

The rebound on Global ES is the key move because it can be seen as a revisit to the previous high, so no failure is allowed, bulls must decisively break above yesterday's high otherwise either a double top or 1-2-3 trend change will be formed, bears shall then have their very first lower low.

ZimZeb · Post by **ZimZeb** » Thu Mar 01, 2012 10:07 am

1267.06-1158.67=108.39; 1284.62-1202.37=84.25; 1333.47-1277.58=55.89; 1363.40-1335.92=27.48
108.39 > 84.25 > 55.89 > 27.48

1267.06-1202.37=64.69; 1284.62-1277.58=7.04; 1335.92-1333.47=2.45; 1363.81-1363.40=0.41
64.69 > 7.04 > 2.45 > 0.41

Richarab · Post by **Richarab** » Thu Mar 01, 2012 10:07 am

Cobra wrote:Gap up but within yesterday's range so the gap might be filled.

The rebound on Global ES is the key move because it can be seen as a revisit to the previous high, so no failure is allowed, bulls must decisively break above yesterday's high otherwise either a double top or 1-2-3 trend change will be formed, bears shall then have their very first lower low.

Another fun day on tap. I am going to buy the morning dip

jimme · Post by **jimme** » Thu Mar 01, 2012 10:26 am

There are 2 interdays running...

stucap · Post by **stucap** » Thu Mar 01, 2012 10:30 am

Richarab wrote:
Cobra wrote:Gap up but within yesterday's range so the gap might be filled.

The rebound on Global ES is the key move because it can be seen as a revisit to the previous high, so no failure is allowed, bulls must decisively break above yesterday's high otherwise either a double top or 1-2-3 trend change will be formed, bears shall then have their very first lower low.
Another fun day on tap. I am going to buy the morning dip

good luck finding one. BUY BUY BUY.

Post by **Cobra** » Thu Mar 01, 2012 10:31 am

the open.

SB73 · Post by **SB73** » Thu Mar 01, 2012 10:34 am

Incredible report last night Cobra. Closed shorts before close...not sure I am ready to buy the dip just yet although today is guaranteed green

. Can't believe the bullish stats on a bearish engulfing candle.

SB73 · Post by **SB73** » Thu Mar 01, 2012 10:38 am

SB73 wrote:Incredible report last night Cobra. Closed shorts before close...not sure I am ready to buy the dip just yet although today is guaranteed green . Can't believe the bullish stats on a bearish engulfing candle.

One other observation is that it appeared that most of the gaps were never filled. I am guessing today will be no different although I would love to see it.

Me XMan · Post by **Me XMan** » Thu Mar 01, 2012 10:40 am

Got my poison $137.50

jimme · Post by **jimme** » Thu Mar 01, 2012 10:44 am

/DX at support and turning up. GLTA jimme

SB73 · Post by **SB73** » Thu Mar 01, 2012 10:45 am

Me XMan wrote:Got my poison $137.50

I assume short....interesting open with 3 straight topping tails on the5 min.

SWalsh · Post by **SWalsh** » Thu Mar 01, 2012 10:46 am

NOT MKT RELATED:

HOLY CRAP...Andrew Breibart dies last night at age 43! He was interviewed last night on the Hugh Hewitt show.

He's the guy who has been all over this administration and helped the young guys tape ACORN's illegal doings!

There will be conspiracy talk on this one!

jimme · Post by **jimme** » Thu Mar 01, 2012 10:51 am

Richarab wrote:
Cobra wrote:Gap up but within yesterday's range so the gap might be filled.

The rebound on Global ES is the key move because it can be seen as a revisit to the previous high, so no failure is allowed, bulls must decisively break above yesterday's high otherwise either a double top or 1-2-3 trend change will be formed, bears shall then have their very first lower low.
Another fun day on tap. I am going to buy the morning dip

This morning the dip is inverted... GLTA jimme

Me XMan · Post by **Me XMan** » Thu Mar 01, 2012 10:53 am

Got another $137.7 stop-loss $138.10

Me XMan wrote:Got my poison $137.50

THAT GUY · Post by **THAT GUY** » Thu Mar 01, 2012 10:53 am

Gap Filled ?

Petsamo · Post by **Petsamo** » Thu Mar 01, 2012 10:53 am

sold my CLF too early, 0.5% gain only

Post by **Cobra** » Thu Mar 01, 2012 10:54 am

resistance. key time.

HappyFriday · Post by **HappyFriday** » Thu Mar 01, 2012 10:54 am

Call it TOP !
When people are talking AAPL is going to $2000 ...
What a joke !

Me XMan · Post by **Me XMan** » Thu Mar 01, 2012 10:55 am

With AAPL huge market cap, they better have Navy SEAL around to protect it.

HappyFriday wrote:Call it TOP !
When people are talking AAPL is going to $2000 ...
What a joke !

stucap · Post by **stucap** » Thu Mar 01, 2012 10:56 am

jimme wrote:
Richarab wrote:
Cobra wrote:Gap up but within yesterday's range so the gap might be filled.

The rebound on Global ES is the key move because it can be seen as a revisit to the previous high, so no failure is allowed, bulls must decisively break above yesterday's high otherwise either a double top or 1-2-3 trend change will be formed, bears shall then have their very first lower low.
Another fun day on tap. I am going to buy the morning dip

This morning the dip is inverted... GLTA jimme

I think he meant the morning dippy doo in AAPL --- yes AAPL went red for all of 10 minutes. Biggest market cap in the world and it trades like a penny stock!

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