Cobra's Market View

TraderJoe wrote:I bought SPY puts yesterdat at 146 and I just sold them

does weekly put decay from Thursday to Friday, if SPY stays flat? I hoped to flat open to buy put with the fear of decay, but missed the boat.

louie wrote:ClarkW: Thanks so much for the NUGT/DUST trade pair. I've made a killing swinging those. I also trade SSO/SDS, TNA/TZA (thanks MrM), FAS/FAZ. But none move like those miners! Anyone else have suggestions for fast moving pairs???

KOLD/UNG
ERX/ERY
UCO/SCO

TraderGirl wrote:GOOG getting hit....as expected!! HA!!

isn't earning after hours? why it's down now?

Seawaves wrote:David Halsey posted a scary chart, but it's hard to believe
http://eminiaddict.com/wp-content/uploa ... sh_001.png

I've noticed this for a while. This drawing is not accurate. The top is around 1488, not the QE3 top. Let's relax and enjoy the climax.

sell UUP first? Is it intraday play or swing? Shouldn't UUP move up ahead after a short term pullback (likely on Monday)? Working on some charts until then here is something to look at Big picture : dollar dollar13-3.png So far the structure in dollar looks very corrective but it can change in a bli...

1440? max pain is 145 right?

time for cobra's first pullback leg? If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE . You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for m...

ClarkW wrote:$SSEC is still within the range of a POSSIBLE bearish Harmonics pattern on weekly. Could money rotate there?

isn't this a bullish chart?

Cobra wrote:ascending triangle trend line support. 17 min to close, another boring day...

support is broken

Latest short interest report Note: NUGT short interest increased by 244% TZA shorts increased by 54% etc http://online.wsj.com/mdc/public/page/2_3062-nyseshort-highlites.html#shortD Oddball note: it appears they are using boring TIPS, probably as an inflation play (?)...Shorts in TIP decreased by 4...

noob wrote:A real break please, stop this seesaw crap. I think we'll break down today!

i feel the opposite way, as 4hr is oversold. we need correction to top before next leg.

Cobra wrote:funny, phantom bar target reached. but still this looks like a bear flag.

it's another p-bar, not real spy. not on my tc2000.

noob wrote:

Cobra wrote:the 2nd test of the rebound high, key time. lunch time, will be back.

Europe sold off 2% and we are off 5 pts on the spx? Got to be another leg down...

why wall street elites want to follow hooligans in europe?

BullBear52x wrote:Oops bears trap warning , I know TRICK and TRIN can save the world today.

is stockcharts.com the place to watch TRIN?

MrMiyagi wrote:Do you dare?

i got the small p on QQQ

inverse HS?

Cobra wrote:

noob wrote:

Cobra wrote:volume surge, overshot, so might a pullback here, then should be more up.

Cobra, this looks like a 3 push up, no?

yes

mind replying my question too? thanks

Cobra wrote:volume surge, overshot, so might a pullback here, then should be more up.

is this a rising wedge? no?

BullBear52x wrote:One more for the road, my prediction for next president of the USA. I think Mr. O will rock on.

A teleprompter reader, "D" score for Economics and "A" score for Marxism, ROFL.

or bearish rising wedge?