Cobra's Market View

gappy wrote:Hey Vats, remember when we sold Velti at 5 last year?

Capture.PNG

Yes, I remember! it is trading at .0004! Any news?

gap up wrote:

skittlesmds wrote:Gold down big. Below $1600.

I be buyin bout 700.

I would be buying around 1250....though there should be a bounce next week...

gap up wrote:Vats, I sold covered calls on VELT that expire today, a break even deal. As the tide lifts all ships, if it rises with the market, I'll reconsider. No response needed. GLTyou.

Thanks, but I covered yesterday at the close. made a few pennys.

gap up wrote:Paging vats: back in velt for a pre-earnings swing.

velt.png

http://www.youtube.com/watch?v=36WVirpAieM

Thanks, GAPUP, Whwn is the earnings?
vats

Hope, uvxy signal works now again!
vats

I have a May call option on PGNX and it is halted. Other option for Feb. is not halted. What causes that??
Thanks,

Anyone see any upside potential to SLV, since it is holding above $29 ?? thanks, Long term is up in my opinion, short term... meh.. could go either way. short term Swing position, this is what i got on SLV. early stage of reversal always will give the whip saw action. Thanks, I have covered the pos...

Anyone see any upside potential to SLV, since it is holding above $29 ?? thanks,

Thanks, Cobra.

Does the market close early?

gap up wrote:

ewave.png

More for E-wavers, from the bagel boy. Paging vats; good show old chap. 5 seems doable, good luck to ya!

Thanks..Velt is at 4.69, up 3.00 %....

gap up wrote:Spy up. Dollar up. What the hay! Who had VELT with me today?

I had the stock as well as options. Want to see if it can get over 5.00. keep my fingers crossed!

Hi Heck,

Targets in what time-frame? I do not understand how stockcharts comes up with targets.

Thanks,
vats

Hi, I have not posted anything in quite a while, but , I have been keeping up with all the postings almost everyday.
I have a question re: SLV. I have been long SLV for last 3 months. Now I wonder if it can go over $34??? Any chance of it going to $50??

Anyone has any idea as to what is happening with GAZ, it is up almost 10% ?? Would appreciate any feedback...thanks,

Happy New Year everyone!!

Anyone short on silver??

Looks like exhaustion on gold and silver. This may be the start of up turn in commodities. Oil is still over 100 dollars a barrel. I don't trade gold or silver, but I watch them for market sentiment. Read that if silver holds at 2615, it is bullish for both gold and silver.... FWIW I am personally ...

does anyone still see more downside for gold and silver? temporary bottom?
thanks!

heavenskrow wrote:Are there any professional VIX traders here??
It seems on the daily we are trying to close back above support and lower bollinger
Zoomed in on hourly channel, we are fighting to close above resistance.

i went long tvix-small amount but i think being at 200 ma, there is a good chance for a bounce..

Hi Cobra,
I was on vacation until last night...Missed the big move this week...anyway, I signed up last night for your website as a "charter" member and continue to look forward.
thanks for your great efforts and insights!
Vats