Cobra's Market View

wow looks like we are in the top 20 largest daily points losses in Dow Jones Industrial Average...

cobra is the part in the weekend report whereby lower low, but close in green for the week still valid?

wow look at goog... i remembered someone said yesterday if goog sold all the way till closing means its a buy

i thought on a gap down non-farm payroll we buy isn't it ?

Cobra, it will be great if you can provide us the July Seasonality bar chart in terms of trading days in today's report

wow we are heading towards the 5th week drop of dow... unless a miracle happens later...

Cobra, is there still any chance to end this week with a close higher than monday's high?

cletus wrote:Yes, I'm currently short oil, gold and silver via puts on the ETFs. The whole commodity complex should fall here soon in the next week or so.

Of all of them, I actually think gold is the most vulnerable.

I also own a large position in ZSL.

Any price target for oil?

how come crude futures not dropping at all? in fact looks like its rising instead.. GS sent out a report last week and they were quite bullish on crude. Unless you can corner the oil market you'd better be careful... oic thanks.. I followed cletus call on shorting oil :lol: luckily I only bought a ...

how come crude futures not dropping at all? in fact looks like its rising instead..

Cobra wrote:

cletus wrote:I am SHORT oil. I repeat, I am SHORT oil!!

CL chart looks more like a consolidation before further breakdown to me, so may not be a bad idea.

is CL a stock counter? trading at around 86 bucks now... thanks

Cobra, are we still waiting for below the Friday’s close even to revisit the 05/25 lows as mentioned in your weekend report ?

Cobra, did you back test how many times the maket gapped down like on Monday during this bull market since 2009? no. I just know according to Stock Trader's Almanac, red both Friday and Monday was a very bad sign. Cobra in your market report last weekend, you mentioned the week before memorial day ...

Hi Cobra my virgin post...Can I assume there is 3 down moves for EUR/USD for this chart, and I can look forward to 2 push ups for now? ...