Cobra's Market View

Cobra, I saw the new site. Looks good, do you need help with it?

Cobra, in your blog yesterday you mentioned that following a day where the tick was negative, but the SPX was up over 1%, the instances since 2004 have all resulted in a future closing below yesterday's close. Are you buying shorts today to intentionally hold overnight?

Cobra, it seems like you're saying that we reached a short term bottom (and will go up now for a few days), but in the intermediate term will go down again. Am I right? I say that because earlier you say that a day like yesterday calls for another test of that low, but on the last two pages you're t...

VIX surged today. That means strong chance of green day tomorrow, right Cobra?

HEy! Cobra, This is just an idea. And may be it's stupid but... Why don't you write and sell something like a White Paper about your basics, main stats you choose, tools, describing your systems...? That could be a way to make some money if you don't want to make this or there suscription... we all...

Cobra, it seems like you still believe that the overall short-term trend is bearish. Is that just your intuition or is there something technical telling you that? Also, yesterday you said that it looks like the VIX may turn down (which it did today). Doesn't that mean that the market would head up?

How much is Ned Davis services? wow, rich guy cobra is going to hammer it! just don't forget to share. :D i think i recognize this name. i may read one of his book b4. i will check it when i go back home. covered my short at my target. i guess 1175-1180 area will be the range for rest of the day. N...

Cobra, do you see the phantom tick at 112, others also saw?

Cobra, if this move up met the target from the diamond bottom, what would you say that is? still it's just a rebound. it's really really very rare for the sell off we had in the last 13 trading days simply be one legged. Remember the same thing I said yesterday (also Dow Trader said too) it's very ...

Cobra, if this move up met the target from the diamond bottom, what would you say that is? still it's just a rebound. it's really really very rare for the sell off we had in the last 13 trading days simply be one legged. Remember the same thing I said yesterday (also Dow Trader said too) it's very ...

Cobra, if we finish above the diamond bottom you mentioned yesterday, do you think that it means we've seen a short term bottom (yesterday)?

Cobra wrote:testing the day's low, critical, but i've already given up the hope.

I hope it at least increases the chance of a green day tomorrow. Whatever happened to the "Wow" days, Cobra?

No short trigger from the Impulse System today, Cobra? CIS is still holding a short, so no trigger anymore. For 2nd entry, I'll notify if indeed, but unless the market has a higher high on daily bar (good enough for higher than the previous day), chances are high that there won't be any 2nd entry. ...

No short trigger from the Impulse System today, Cobra?

Has anybody else been reading the things that Marc Faber has been saying about the markets being too oversold? Since he's Dr. Doom and stated that we were in the start of a bear market a week and a half ago, I'm kind of weirded out by it. He essentially said he expects a rebound to make a lower high...

I guess everyone is waiting for the FOMC notes to release. In the meantime the markets remain in this sideways motion. Anyone else passing time and watched Barney Frank let one out? Can't believe he did it so aggressively. :P Anyways hold on everyone and stay nimble. oh-ho-ho, no way. gross. are yo...

$MMTW is now below 9.

Cobra wrote:the bottom line, either make that number above 35 or another green hammer today, then bulls still have hopes. may the force be with bulls!

i'm praying to yoda right now.

@ Cobra or anyone actually Do you ever use the $MMTW (stocks above 20 DMA) as a sign of a bottom? Thanks. Zortrades posted this $MMTW chart today on stocktwits showing the 10 - 11 area was always a bottom. Here is the link.... http://screencast.com/t/AqPbgaqqaGP Wow, interesting - thanks Michelle. ...

@ Cobra or anyone actually Do you ever use the $MMTW (stocks above 20 DMA) as a sign of a bottom? Thanks. Zortrades posted this $MMTW chart today on stocktwits showing the 10 - 11 area was always a bottom. Here is the link.... http://screencast.com/t/AqPbgaqqaGP Wow, interesting - thanks Michelle. ...