Cobra's Market View

GLD now trading under the MAW(89) on weekly, as discussed on Dec, when my view encounterd some vehement oposition! Nothing to do with "conspiracy theory"...Just findamentals of hypothecation, borrowing... and TA of cycles = left translation! GLD weekly chart: using Fib extensions measurem...

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.

The 5 day ma is unpenetrable. It doesn't matter the volume it can't get through this.

5 p bars today> this must be a record. Anyone else seen so many p bars in a day?

record 5 hours straight of up ticks. Is this a record?

I'm sorry but for this market not to have a retractment is very unhealthy > How much higher can we go without having a retracement?

4 p bars in the last 3 hours. Is this a sign that were going to the moon. Who the hell is buying after 13 of 15 candles have been green on low volume.

add a 6th lower volume bar and its time to eat my shorts

Is there not any type of rule with declining volume. On the 15 minute chart we've had 5 straight week green bars on declining volume. The market keeps going up on lower and lower volume. Usually lower volume means trend change. Also everytime we've had p bar the market goes the other way first and m...

EU efsf fund being increased to 1 trillion. THis is why the market is powering up. Im glad news is there for everyone to trade on.

What announcement. They didn't do anything at the euro meeting. This market is robo bull

When does the market stop moving on rumors that have not come true. Weve heard the same rumor about china for 2 months that they're going to do something but nothing happens. Still europe has no plan and the market goes up on fake rumors.

Is there some kind of rule that we can't have two down days in a row. In a short term up move? WOW THANK GOD I WAS PLAYING WITH PENNIES THIS LAST TRADE OR I WOULD HAVE GOT TAKEN TO THE CLEANERS.

We go up on no volume and go down on monster volume. The market is working ineffeciently soon that will change but not untill the market is up on a cliff do we get to jump off.

Cocaine would be dreamy compared to be run over by a bull. Im bullish but this move is not realistic. 300 points from last night. without any type of real retracement

does anyone think we will get a retractment today. This has been painfull

13% move and we don't even get a retracement. something really off or this is short term peak slow stoch have been overbought for 2 days, cho over 200,000 and macd over bought for 2 days. Bulls are crazy

the CHo is off the charts on the 30 minute. 200,000 seems way to high to make further highs

new high of the day coming.

I saw some cocky bears today. Guys don't get cocky this market will stick something in your behind if you turn against it and get cocky.