Cobra's Market View

Free money from Bank of America BofA to Offer Principal Reductions of More than $100K http://www.linkedin.com/news?actionBar=&articleID=5585101659312238612&ids=dj0PdPcNdPoVd3wUejkMdjwRdiMQdPoUc3cTcjgUe3wMcz0Re3kRb38NdzwPcz8NcPARdz4McjkUdjkIcj8Rdz0TcPsMe3kMc3oUd3wRdiMTdz4Uc3AOe3gScjkPcPsTdzkR...

Call it TOP !
When people are talking AAPL is going to $2000 ...
What a joke !

jimme wrote:AAPL a higher high this AM...

No way la, we are 300% short AAPL !
DAX is down almost 2% this morning.

Someone is trying to buy up $TRAN, but it is against our human gravity law. DOWN DOWN DOWN ...

Today is the day ! The F-day ... Look at $TRAN, Confirmed !

I don't like this market ! Transportation index shows a sell signal while INDU at new high ... :roll: :roll: $NYSI is going down too in past few days. Something is cooking. I guess mainly AAPL and GOOG provide support for $INDU, $SPX, and $COMPX. Others are unloading quietly, look at $TRAN... sell ...

I don't like this market !
Transportation index shows a sell signal while INDU at new high ...

When can we see down/up 500 points day ? More fun !

ANOTHER BORING DAY ! NO FUN, NO DIRECTION, NO VOLUME !
TIME TO GO SHOPPING ...

Very interesting divergence today between the VIX and TVIX. The VIX is down 0.57% right now, but TVIX is UP 0.21%. What does that mean? That means that the contango with the VIX futures is being reduced. I have not seen this behavior in a while now between these two. Options traders are beginning t...

This world is funny !
China dot com (CDCAQ) is already a BK company and is traded higher in pink sheet rather than big board. Only half year from $0.07 to $2.32 ! Keep pushing quietly.

VIX below 17 ! Something is disconnected or not right ...

This headline is scary !!!!! "American Airlines reportedly set to cut up to 14,000 jobs" :roll: :roll: :roll: Well, they did file for bankruptcy File bankruptcy means restructure the debt. But, cut 14,000 jobs means business is down BIG ! I guess they do need pilots or people to serve you...

This headline is scary !!!!!
"American Airlines reportedly set to cut up to 14,000 jobs"

Sorry Bulls, you guys cannot push any more higher. The bell is ringing to sell it down.

Unique wrote:

1295 target tomorrow.

YOUR PICTURE IS TOOOOO BIG, BUT IS GOOOOOOD ....

No big win on either side !

Look like fund managers are holding a lot of call options. Hopefully, they have already unloaded and made a lot of money this week during this little rally. Time to go back to reality ...

Finally, they are buying up VIX futures today !

WOW ! VIX at 17.15 today and bounce back strong ! Put two eyes on its movement. :roll: :roll: :roll: Is it time to load the boat!!?? :lol: We got a solid touch of both downtrend and uptrend line, both acted as support... IMO YES ! The chart is ready to go, but somebody has to do something to initia...