Cobra's Market View

Anybody have a take on CORN. Seems that crops are in better shape than a week ago. Thanks for the charts etc on UNG. I can ride the sideline tell it shows me something

Senor Bull Bear,

I know you keep an eye on UNG...what are your thoughts today? Gap fill before higher?

cobra can you post your amazon link . I need to buy some books . please thanks Thanks, but Amazon closed my store saying I violated the rule because I allowed "commercial or personal" use, don't understand what happened, perhaps due to some members bought multiple same thing, say, 100 kin...

Cobra does this count as a visit of the previous high

On a serious note have bulls traveled too far or does that only apply to bears?

Sold my "Central Bank" long aquired yesterday for a handsome profit. Time to relax for a little bit and just enjoy some of the volatility.

BullBear52x wrote:UNG

nice chart...I am seeing the same on UNG

Xian wrote:Cobra,

Do you have any relevant stats for week following Labor Day?

Thanks in advance

Check Cobra's home page. It shows green Friday (big) followed by 3 small red days then green. That covers next week.

Cobra wrote:triangle lower boundary.

When in doubt go with the bull target. Cobra, any take on CORN

and here comes the 3 hour bear flag????

Cobra wrote:strong coming back, amazing. wait.

take a look at the precious metals move...wow

anybody got a take on CORN?

OverUnder wrote:So the fed suddenly decided they need to ease "soon"? LOL not.

They said they would be ready to act and defend the Euro, SPY, GLD, and TLT. Nothing was mentioned about the dollar

Disclosure long bonds tlt

this wasn't supposed to happen out of longs...on the sideline

bulls haven't even touched the top of the bollinger band. Would be very rare in my experience to see this not touch at least a couple of times before reversing. Also, go back and look at sustained up moves 13 days like we have seen here and there just normally isn't a snap reversal. The gains are of...

SB73 wrote:so much for the declining volume rule...absolutely no bear setups work. Sitting long and moving stops up.

oh yeah and for those counting at home spy up 12 out of 13

so much for the declining volume rule...absolutely no bear setups work. Sitting long and moving stops up.

Cobra,

Any stats for SPY up 9 out of 10 days

Look at the surge in Gold Miners

Momentum Block Update Few more greens compared to yesterday,;IWM back in green Also note improvement in credit market(CONIDX) which is now buy, and WLIg MA/RSI which may move to buy after the release of new data on FRI AM. Both of these events support a "Bull" market. Extreme caution is w...

5 of the last 6 session there has been a gap down with an easy fill for the bulls and absolutely no damage done. Waiting for the break on this consolidation.