Cobra's Market View

SB73 wrote:

Out of Bounds wrote:Closed the shorts and took the loss.

too early in my mind. The market looks schitzo. Full disclosure sitting on just a small short position entered yesterday at close.

wow joke is on me...close to stop now

Out of Bounds wrote:Closed the shorts and took the loss.

too early in my mind. The market looks schitzo. Full disclosure sitting on just a small short position entered yesterday at close.

Cobra wrote:remember, no short until the trend line broken and the day high gets revisited.

That is what I said, but not as cool as you senor Cobra

Let the bull run until it is too tired to run any more. It will start to walk before it fades back.

SB73 wrote:looks to me that assuming no hail mary this will just keep grinding lower all day long in a channel until the bulls have capitulated.

Cut half shorts stop loss on the other 1/2 at breakeven...a littl Cobra trick

looks to me that assuming no hail mary this will just keep grinding lower all day long in a channel until the bulls have capitulated.

do we get an end of day kick save?

Clark W - Looks like you got the breakdown on UNG and NUGT (DUST). Wow messing with NUGT / DUST is very volatile. Good luck.

Closing near high will have gap up tomorrow guarantee. They're cleaning up stop-loss and go higher? Them bastards...didn't get mine. I don't like this. this is not a typical strong up day should be. I told you I would be in for the late day ramp and bingo we got it...T-5 for closeout. I don't see i...

Me XMan wrote:They're cleaning up stop-loss and go higher? Them bastards...didn't get mine.

Cobra wrote:I don't like this. this is not a typical strong up day should be.

I told you I would be in for the late day ramp and bingo we got it...T-5 for closeout.

Nat Gas/UNG continues it's slow and steady decline. I'm short via KOLD but contemplating buying a hedge for tomorrow or selling. Positive D hasn't materialized yet but that along with perceived support here soon has me worried Anyone have any thoughts on Nat Gas? Looks like a decending triangle. I ...

Me XMan wrote:My long sell got triggered. Now back to wait-n-see.

I am on the sideline as well. I will take the rest of the day off and check in right before close for a possible end of day ramp.

Me XMan wrote:Still think SPX 1500 is possible?

SB73 wrote:no need to breathe...just run baby. 1st day of the month happy trading is back

Nope I don't think so...not for awhile at least.

no need to breathe...just run baby. 1st day of the month happy trading is back

cobra could you please gives an update on apple. As is free falling .. just to know your input. thank you :roll: :roll: :roll: :roll: :roll: see members only update. Now AAPL update would be for members only. Cobra you members only updates have greatly enhanced the value of the service...thank you

Petsamo wrote:

KeiZai wrote:DAX fail

Lookin bullish to me.

So who's shortin AMZN or AAPL ?

Not shorting either, but AMZN is a joke. Trading at over $200 and has effectively 0 earnings for a mature company.

Ha TraderGirl, I meant to ask you if your little one gave you more 'Thoughts' last Friday when you were under the weather :D :D Not really, I had to go pick my kids up from school though later in the day, and I probably shouldn't have been driving!! :D :D This was early in the night, it got ugly la...

MrMiyagi wrote:I think neutral here until FOMC.

agreed no sense in trying to get too cute here...don't we have some pbars to the upside?

Cobra wrote:C&H target met. I'm neutral. forget about my previous wild-est-est-est guess.

What did that down arrow mean anyway... still holding some short just in case, but every bear out there knows that it doesn't take much to ignite another rally.

just estimating volume numbers, but it was twice as heavy during the selling as it has been during the bear flag formation. I dumped 1/2 at Cobra's target from this morning, but watching the other half erode in the flag.