Cobra's Market View

jarbo456 wrote:

bushwaffle wrote:

HappyFriday wrote:Come back for the game, strong push UP coming...

Always saying stuff like that...but never why...

3rd test of the high on recently made channel on the minute chart. looks like it's about ready to breakout.

Thanks for the insight into Diego's mysticism

HappyFriday wrote:Come back for the game, strong push UP coming...

Always saying stuff like that...but never why...

Merkel says Eurobonds "wrong" All US eco data worse Fed making dollar loan to Euro banks that may go under Greece 99% to fail UBS 2 Billion trading scandal Yea, market should go straight up since it has a misunderstanding of eco-gravity.... Looks like any news is good news, like any reason...

this kind of consolidation means another push up is more likely. I think the last 30 min could get ugly for the bears you need to have nerve like steel to stay short there... i need to cut off my balls and all my nerves... this is horrible...lost all of my gains from the week. prob more punishment ...

Be4chst wrote:

qtipped wrote:

biotrader wrote:

rupert wrote:I'm afraid to say it but I've closed out my short position

It had reached max pain for me. It'll probably crash tomorrow now. Gutted by the strength of this rally.

just went short

i'm still a short idiot...

That makes 2 of us....

3

Measured Move or ZigZag target should be around here. shoot, i have to wait till 119 to get squeezed out of my shorts?? this blows...there's hardly any pullback to the MA...and it's slow which is the worst part. will prob hold till tomorrow after job report to blow out of this loser trade. somebodi...

did we just get lower high on 5min, 3 push up? Pullback now?

MFHFTM

so indexes green and gold up almost 1%....hmm

edit: and silver up 2.4%....smells...

proteus46 wrote:

SDS 9-13-11 5 MIN.png

Decision time for SDS, right at lunch time on the East Coast.

Today may be the inverse of yesterday....a bear run at end of day, imo.

Feels a little bit that way to me too, but any specifics as to why?

117 looks like concrete...anybody got a jackhammer?

StrikePrice wrote:

Cobra wrote:my guess is that's it for today if not a pullback here because it closes to too stretched.

A close at the Daily Pivot sounds about right. Fill the gap up above tomorrow. Then we can head back down.

My hedge hopes you're completely right, lol.

hanging tough, waiting for some downside

heavenskrow wrote:please die S&P500, thank you

This

agnosia: what is "/cl"?

Looking forward to posting something worth reading.