Cobra's Market View

[quote="BullBear52x"]Nice charts and info everyone, thank you so much. Waverider: SBUX = future fast food and beverage hub. they got plan to take over all fast foods and beverages to the new level, making all other fast food joints look cheap and dirty just like AAPL making all other phone...

Great stuff folks, thanks for sharing. My favorite play on Friday was SBUX, which historically hasn't been a good counter trend trade. The obsession with this company continues to confuse me, but obviously should be respected, so I won't stay too long:
Enjoy your weekends

I'm assuming this is bad for $AUD:

http://www.bloomberg.com/news/2012-03-0 ... k-cds.html

PS: We MUST be in wave 11 of an a of a b of a c flat expanded triangle.

Petsamo wrote:

waverider wrote:

Petsamo wrote:What is FCX's problem

Can you elaborate? What are you expecting of it?

It is very beat up, nice fundamentals, not rallying with XME, its ETF.

Ah, thanks.

Petsamo wrote:What is FCX's problem

Can you elaborate? What are you expecting of it?

$GMCR short squeezers get deservedly shorted, ouch:

TraderGirl wrote:There is a megaphone pattern on SPX...

From Pivot 5, the pattern is either fall to lower-trendline or breakout and become a Continuation pattern of prior trend. The failure of 5-6 leg usually occurs at the mid Channel level.

Nice chart, thanks. Watch 1354 resistance on /ES.

Haha, I don't see any, all buying.

What selling?
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =259571035[/quote]

Good day for refiners, nice volume on a breakout for $VLO

Doug got balls? Best low risk sell set up. counter trend on AAPL. just saying no trading. Doug Kass says he's "shorting the QQQs into the AAPL event". Interesting. You know it, lol. $829 for an iPad with a little baby screen and no processing power, wow! P.S. Enough about ipad 3, when is ...

New I-Pad comes with 3.1 MP camera, Wow! 3.1 Mag that is unheard of and it's only 500.00 wow :roll: It's freaking ridiculous. This mini computer the size of a credit card costs $35 for 256mb of processing power, more than an ipad, lol! Also has 1080p, pretty amazing. http://www.youtube.com/watch?v=...

:lol: Best low risk sell set up. counter trend on AAPL. just saying no trading. Doug Kass says he's "shorting the QQQs into the AAPL event". Interesting. If AAPL trades down Qs will no doubt will go with it. well any thing will go with it not just Qs, the president and my uncle Ben. :lol: ...

BullBear52x wrote:Best low risk sell set up. counter trend on AAPL. just saying no trading.

Doug Kass says he's "shorting the QQQs into the AAPL event". Interesting.

/CL, selling on the way up:

Nothing new with QE3. It's a given. If not, it's gonna be one HUGE fricking selloff like yesterday. So the Fed had to say they gonna do it. Just have to wait and see if they actually do it. Typical inside day screwing with late bears. The market drops for a couple days and bernanke wants to start a...

Typical inside day screwing with late bears. The market drops for a couple days and bernanke wants to start another round of QE

PMs trying to fill the gap here

TraderGirl wrote:VIX possibility???

Wouldn't be surprised!

$VIX +17%, stiff arms the upper BB IN THE FACE

Monthly 2 hour chart of yen, a break of 12.5 would be bearish. JBTFD?