Cobra's Market View

Thanks for sharing your market experience & insights......with us.

All the best,
BDI

ballatines wrote:high unemployment rate + higher inflation + lower GDP growth ~ it is just like the beginning of another Great depression.

No doubt......but today's wall street crowd seems a little slow on the take..........

Cobra wrote:

uempel wrote:Ahh, Cobra, I'm less bearish than you. Don't know about the very short term, but sentiment is too bearish and I'm long and waiting for a bounce up to 1316 - not necessarily today or tomorrow, but give me a few days...

SPXweekly.png

I'm not bearish.

Are you bullish?

ty

Cobra wrote:

BDI wrote:

Cobra wrote:bears need a L1 to confirm a small pullback or consolidation. generally, the rebound shouldn't be over.

Sorry for retarded question....what exactly is meant by L1?

go to "Getting Start".

ty

Cobra wrote:bears need a L1 to confirm a small pullback or consolidation. generally, the rebound shouldn't be over.

Sorry for retarded question....what exactly is meant by L1?

nothing to day. a little trend line I see in Global ES. So sorry about gargantuan avatar.......can't seem to figure out how to reduce size on your system.... :oops: please help...........when you can :o What's wrong with the size of your avatar? As long as yours is smaller than Cobra's, you're fine...

Thanks......That's better.

Cobra wrote:nothing to day. a little trend line I see in Global ES.

So sorry about gargantuan avatar.......can't seem to figure out how to reduce size on your system....
please help...........when you can

OMG...sorry about the size of my avatar.......working on it now;-(

New registrant to the Board, been lurking for a while. Just wanted to thank you for your gracious sharing of your time & knowledge. Currently only a Macro fundys position player using deep OTM options on Indexes & ETFs. Want to add SPY day trading to my tool belt, this board is a great help ...