Cobra's Market View

For the ISEE Sentiment Index, you note 122 is bullish. What are the threshold levels that are considered bullish or bearish? TY

Cobra, I think last month you said the typical NFP day if gap down, trend up the rest of the day is no longer is valid?

High, as we gapped up on the open. So typically, I think Cobra taught us we go lower the rest of the day.

Cobra, the pattern on NFP days used to be open high, go lower or open lower, go higher all day. Is this pattern still working?

According to Cobra's charts, 15 of last 17 NFP days up! Last one down -1.25%. I am leveraged long

Cobra, how have the NFP days been?

Wednesday-Friday of Thanksgiving week is very strong seasonally: http://quantifiableedges.blogspot.com/2013/11/an-updated-look-at-thanksgiving-week.html And December, especially the end of the month is historically very strong: https://twitter.com/WildcatTrader/status/405339679328702465/photo/1 If t...

well, guess that's it for today. 1 cent shy of the 100% mm target. NFP tomorrow has been very very very very bullish, up 10 of last 11. thank you guys, I'll see you tomorrow. before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp Cobra, could...

Cobra's Real-time MO is hitting the lower Bollinger Band...historically a very good entry point for a long.

Cobra wrote:well, too bad, a failed Double Bottom, now the chart is hard to say. wait.

Sentor Reid said "LIttle Progress on Fiscal Cliff"

Dow broke the low made on 9/26 at SPX 143...Dow leads !

Cobra wrote:

fulkdaddy wrote:Cobra, you always say the DOW leads...it is the 1st to break the Wednesday low...look out below???

but indu didn't drop below its 09/13 low yet while SPX already did, so it might not mean anything here.

Great observation, that is why you are the "Cobra"! Thanks for the insight.

Cobra, you always say the DOW leads...it is the 1st to break the Wednesday low...look out below???

I do not understand why TLT is falling after Uncle Ben said he would buy $40 billion of bonds a month to force interest rates down. Why are rates rising and TLT falling? Any thoughts?
Thank you.

Interesting comments from Ambrose Evans-Pritchard on Draghi's comments: http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100019312/draghi-delivers/. Seems as though he thinks Draghi will start the printing pressess as soon as the countries ask for it and the givers agree. Get ready to buy...

Reason for the rally I am hearing is there will be a WSJ online story coming out at 2:30 about what is going to be in QE3. Lets see. Anybody have a subscription? If so, please post the story.

Richarab wrote:Yawn


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I am here: http://tapatalk.com/map.php?0qjgwm

What a great place you live! Nice view? What do you think is going to happen with Iran? I hope it ends peacefully.

Cobra, is Bespoke telling us anything about tomorrow's Jobs Report? Philly Fed last Thursday was very poor and CNBC said it has correlated very well with the Jobs Report and it predicts about 40k. But the ADP report today was very impressive and GS has raised their estimate to I think 125k from 90k....

Cobra wrote:nothing to say, I said it's boring day.

Cobra, we broke to a higher high today so Evil plan holds for higher high today correct?

TraderGirl wrote:XIV even has a hammer....

TG, how do you use XIV? Is it a leading indicator of the indices? Any idea why it works?
TY,
David