Cobra's Market View

MrMiyagi wrote:

SB73 wrote:I get the feeling we are going to see one of those 5 hour bear flags

I could not have said it better myself.

IWM at the open price now...this can be maddening at times. Bulls are going to dare the bears to stay short overnight.

I get the feeling we are going to see one of those 5 hour bear flags

hard to believe that Goog, Intc, Ibm reporting horrible earnings can't shake the bulls loose....must be the Bernake put. I thought I would get lower prices before seeing this move. I can wait for some more time to see what happens. if goog can't pull the mkt down, nothing will senor mmmmm.....well....

hard to believe that Goog, Intc, Ibm reporting horrible earnings can't shake the bulls loose....must be the Bernake put. I thought I would get lower prices before seeing this move. I can wait for some more time to see what happens.

Well, Europe is definitely gapping down tomorrow. That guy who's holding Spain (EWP). I hope he sold it. That was me...check my note from yesterday afternoon. I sold out of most longs yesterday and was left holding just a little. It sold at open today. I am just fine on this one. In fact, it was me...

Closing out bulk of my longs here for a very handsome profit. SPY sitting on 5 straight gaps higher. I know it can keep going, but I am comfortable.

noob wrote:How long can S&P ignore IBM and the Dow?

Once IBM and the Dow rally it won't ignore any longer. It will rally along side.

EWP has been white hot. Cobra, does the fact that the S&P has raced right back to resistance give it better or worse odds of breaking out to the upside. If you're talking about Elliot Wave, tradeyourwayout.com specializes in Elliot Wave. He's been wrong every step of the way since early 2011. E...

EWP has been white hot. Cobra, does the fact that the S&P has raced right back to resistance give it better or worse odds of breaking out to the upside. If you're talking about Elliot Wave, tradeyourwayout.com specializes in Elliot Wave. He's been wrong every step of the way since early 2011. E...

EWP has been white hot. Cobra, does the fact that the S&P has raced right back to resistance give it better or worse odds of breaking out to the upside.

uempel wrote:I'm comfortable to be on the bullish side:

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ditto, but not terribly comfortable

Still can't get Ameritrade to work WTF? Silly suggestion... shut down your browser, clean up your cookies 'n stuff and reload? Had a similar problem and nothing worked, eventually rebooted the PC and the it was OK Same problem. I had to call ATD directly to get out of a long SPY trade. They said th...

Look at the reversal in CORN. Still can't get Ameritrade to work WTF?

Had to bail out of long positions $143.30 earlier. Now got another long SPY $142.60 Going for a bounce over $144. Ameritrade is acting all weird...maybe there is not a buyer out there. Ben / MeXMan where are you? just playing with you...love seeing your posts to the board, but seriously I can't get...

Ameritrade is acting all weird...maybe there is not a buyer out there. Ben / MeXMan where are you?

Jack12 wrote:

SB73 wrote:This bear has legs

and big brass balls

I am actually sitting on the sideline just laughing at the whipsaw environment.

This bear has legs

Cobra wrote:members only updates at 3:25pm:
http://www.cobrasmarketview.com/2012/10 ... ay-update/

thanks Senor...the value of your service has increased significantly with these special intraday updates.

Just in case you didn't know we have tools that can fix the economy F15 and a M16? that is all it takes because the monetary tools have goosed the market, but little else. It has been fun profiting in the market. unfortunately fiscal stimulation does not reach the bottom 10% of the people who that ...

Jack12 wrote:

SB73 wrote:Just in case you didn't know we have tools that can fix the economy

F15 and a M16?

that is all it takes because the monetary tools have goosed the market, but little else. It has been fun profiting in the market.