Cobra's Market View

I was hunting during the weekend and I killed a deer BULL with nice antler. I do not know what does that actually mean for bulls ?

Paging Petsamo: what does your spreadsheet say about gap up or down stats here?

No stat, just a feeling of gap up.

Nasty up will be tomorrow. May be with a huge gap. I do not think that the market will turn back before testing 52-week high.

Huge gap up on Monday.

Cobra wrote:maintain the plan.

My plan is to go up to 1335, probably on Monday, before a real pull back starts.

Cobra wrote:so far fits the plan. now let's see how my 2nd guess turns out.

Cobra, according to your principles, we Earth people always try twice, before the other direction is tested. So do not you think we have to test yesterday's high, before a meaningfull pullback starts?

I am not sure that the bullas are done yet.

Cobra wrote:could be a bullish falling wedge here. doesn't mean it will breakout on the upside right now, just some info.

Do you think we will retest today's high? May be tomorrow, or day after tomorrow?

Cobra wrote:hmm, looks like I was too optimistic about bears. bears still need to pray here. a little resistances though.

This dip buy is not as strong as it was before.

Today the trendline was very accurately touched.

volume surge, may see rebound here. bears need pray. bears need one single day that the morning dip is not being bought. just one single day. Some thing tells me there will be a ramp job to shake the bears out one more time before the market heading lower. within TWO hours, I can tell the market ma...

volume surge, may see rebound here. bears need pray. bears need one single day that the morning dip is not being bought. just one single day. Some thing tells me there will be a ramp job to shake the bears out one more time before the market heading lower. within TWO hours, I can tell the market ma...

I opened short.

let me try to decode for you Hcg is a steroid Prl is short for Prilosec Cv you forgot the S Tlc is my favorite channel ACTH is emoticon for sneeze TSH are the people that pat me down at airport VT don't know VIP is me GIP is Ron Paul's constituency :lol: :lol: The market is boring indeed.

jarbo456 wrote:

gabor wrote:

Cobra wrote:TLT rose sharply, interesting.

What is that TLT?

20 year treasuries ETF...come on man, get with the program!

Thanks.
I am sick of abbreviations...

Do you know what is HCG, PRL, CV, TLC, ACTH, TSH, VT, VIP, GIP, etc?

Cobra wrote:TLT rose sharply, interesting.

What is that TLT?

FinancePhD wrote:Besides, from Chinese zodiac, 2012 is a water dragon year. Dragon is invincible when it spit fires, right?

And the Chinese new year is Jan. 24 as well.

Jan 23 is also a new moon, which recently coincided with TOPs

GM, DBV and TNX is still strong, another 50 cents day today me thinks. that's really strange, the liquidity inflow suddenly spiked since Wednesday. Don't know what's going on, someone knows something really good ahead of us. Just because I saw the liquidity wasn't strong enough, so I was so sure th...

I smell a top. Many others do. We may revisit previous high on Monday, then down.

DAX formed a double top?