Cobra's Market View

tdo722 wrote: I was pretending to be a master trader and short this whole entire 4 weeks rally and lost over $23K.

I learned my lesson brother. You should join me. It's easy to make money again but do not ever go against trend.

We need some group therapies.

pady wrote:

pidge66 wrote: Real money. So I am hoping for some sympathetic donations. LOL.

Where is your web site ?

sent you PM.

Anyone familiar with Al Brooke's terminology: In this Getting Started page, why do MC and BW stand for? something channel and something wedge...?
download/file.php?id=7811&mode=view

Thanks in advance!

Cobra, are you expecting a 2 legged pull back before yesterday's high is retested? If so, I think the triangle should resolve to the down side for the 2nd leg. Thoughts? TIA. Not expecting 2 leg down. I'm pretty much clueless. I agree. This triangle really throws a curve ball at us. Hi pidge66, I s...

Cobra wrote:

pidge66 wrote:Cobra, are you expecting a 2 legged pull back before yesterday's high is retested? If so, I think the triangle should resolve to the down side for the 2nd leg. Thoughts? TIA.

Not expecting 2 leg down. I'm pretty much clueless.

I agree. This triangle really throws a curve ball at us.

Cobra, are you expecting a 2 legged pull back before yesterday's high is retested? If so, I think the triangle should resolve to the down side for the 2nd leg. Thoughts? TIA.

Cobra wrote:could be small double bottom or 3 push down here. no dramatic down then it'd be bulls turn. let's see.

H4 now. What's the max count?!

Anyone sees the p-bar on SPY at 134.32? Is it "window dressing" to make it look like the gap has been filled?

This should be a sell the news day.

Cobra wrote:little triangle here. still clueless about the market.

Hi Cobra, just curious. What service do you sign up to get the "tailored" ads on the top of the page? I'm seeing ads from the stores I visited recently. TIA.

Epic day. http://wp.me/p1jbrN-eY

SEE HERE: http://www.cobrasmarketview.com/?page_id=2128 THIS PATTERN PLAYS ESSENTIAL ROLE IN MY REVERSAL ANALYSIS! :twisted: Cobra, sorry to have aggregated you. Yes you mentioned 3-pushes a lot. It's just that today you mentioned about 2-push pullback (then reversal) so I was temporarily confused ...

be careful of 3 push up. I'm not saying it is, I just mean the possibility. Cobra, What's the implication of a 3-push up? Would that mean this is no longer a pull back? go check Getting Started. Cobra, Which one? 1-2-3? I think Al Brooks only talked about 2 tries (pushes). Thanks! http://blog.afrai...

Cobra wrote:

pidge66 wrote:

Cobra wrote:be careful of 3 push up. I'm not saying it is, I just mean the possibility.

Cobra,

What's the implication of a 3-push up? Would that mean this is no longer a pull back?

go check Getting Started.

Cobra,

Which one? 1-2-3? I think Al Brooks only talked about 2 tries (pushes). Thanks!

Cobra wrote:be careful of 3 push up. I'm not saying it is, I just mean the possibility.

Cobra,

What's the implication of a 3-push up? Would that mean this is no longer a pull back?

What a close. My weekend is ruined with 60% short position waiting to get slaughtered. http://wp.me/p1jbrN-eK

BullTart wrote:Very pretty. Of course it did a Houdini act and disappeared in 5 seconds.

Nice catch.

uempel wrote:

pidge66 wrote:

Cobra wrote:good, need break the blue line above to confirm the double bottom.

Cobra,
Do you really want the mkt to go up or you're just playing devil's advocate?

Look at cu, look at the bullish percentages

Down.

Cobra wrote:good, need break the blue line above to confirm the double bottom.

Cobra,
Do you really want the mkt to go up or you're just playing devil's advocate?

PhilM wrote:

Cobra wrote:the very first black bar for this up swing. not sure more up or pullback first. 50 to 50 chances. the only thing not very great is the price is a little too stretched.

What does a black bar mean?

Close > previous close but current close < current open.