Cobra's Market View

Cobra wrote:Guys, I'm really sick today, can barely move, so will have no comments. You have a great day. Will have the daily report as scheduled, no matter what though.

Gap up above last Friday's range, so chances are the gap won't be filled.

Take care Cobra!

Happy New Year everyone!

Cup !!! 8-) this is market is amazingly bullish biased, finding any excuse to be up. :lol: i guess it's easy to be bullish when the markets are so correlated to the euro and Europe wants a stronger euro and the US wants a weaker dollar...... no, us wants weak dollar but wants euro gone, so it can p...

I shorted again now, have some charts which show resistance, but odds are 50/50 and frontrunning is a no-no. SPX7.png Hi uempel, I am an amateur here, just like to know how and when do you decide to short the stock/index? based on the trend and resistance? When you do short, is it consider "fr...

cowboy wrote:

Al_Dente wrote:cowboy or anyone have a working link (free) to the movie "Inside Job" ?

Hi Al_Dente,
I watched this movie on HBO couple of weeks ago, will see if I can find any free link..

Should not post here..

Al_Dente wrote:cowboy or anyone have a working link (free) to the movie "Inside Job" ?

Hi Al_Dente,
I watched this movie on HBO couple of weeks ago, will see if I can find any free link..

Not to worry Cowboy. My wife doesnt even get my jokes. Here is something you may wish to watch at your leisure regarding banks and the FED. http://www.youtube.com/watch?v=H3HmV43Zs-M Thanks Mongoose, will watch. Btw, there are two movies called "Capitalism - A love story" and "Inside...

Don't understand which point you don't agree with? I think Mongoose was joking.....saying he wanted to trade like a bank......take on risk, then get bailed out by everyone else. Pretty funny. Yes, thanks Michelle. Ooops, sorry, I didn't get it just now...In that case I totally agree with your "...

i personally still like your gap statistics. i think everyone has been fair-warned, and you should continue to do what you do, which is give the likely-hood of gap fill-age or not. just my opinion - not a request. I agree, and like them, too. One thing I've noticed, there are a few who expect you t...

i personally still like your gap statistics. i think everyone has been fair-warned, and you should continue to do what you do, which is give the likely-hood of gap fill-age or not. just my opinion - not a request. I agree, and like them, too. One thing I've noticed, there are a few who expect you t...

Europe is celebrating the deal too, oh, wait a minue, may be I should put the chart upside down? :roll: hahah, well said. What is interesting is that it is hard to believe market would even react this way to stupid news like 5Billion buffet etc.. tell your farther, don't visit wenxuecity anymore, i...

Seems today we have a gap down in the opening?

GM all,

Where is Cobra Da?
I could not find today's thread, just create one so that everyone can come and start discussion. Please ignore this one if you already have it somewhere else.

that's no good. :cry: I had a perfect long setup today (while Uempel still waiting for his entry :roll: ), had to close out with much smaller gains than I planed. Too bad. On 2nd thought, still better than Uempel who's empty handed anyway. :lol: Is it like Uempel said it's testing 1187 (which is hi...

nothing to say, looks like the market wants to fill the gap. I have some statistics saying the gap should be filled today, but there're always some exceptions, so we'll have to wait and see. Close green would be very bullish, that's also based on statistics but again, there're some exceptions. :mrg...

Cobra wrote:

biotrader wrote:G'morning Cobra! Buying opp this morning?

will have to wait for the open to see, after all, the gap is not small.

GM Cobra and all,
The market is moving just like you mentioned yesterday, hope the gap can be filled at the end of the day.

Cobra wrote:

brownstein00 wrote:cobra...If the diamond pattern fails....do you have a sense of the target to the downside?

will have to find another pattern before knowing the next target.

Hi Cobra & everyone,
It's my first day here, just like to say hello and thanks for sharing your knowledge.

Cheers!!