Cobra's Market View

NOT MARKET RELATED anyone in AZ feel earthquake one minute ago? My wife just walked down the hall, does that count? dont speak about your wife that way, she is a lovely woman - at least that's how i remember her....our time together last summer, ...in the motel room, ...from behind.... .... :) didn...

Granville looks like that preacher that called for dooms day May 2011 for the rapture. But if he said he meant for the stock market, he would have a legion of followers by now instead of will be dying in a retirement home soon.

All aboard the TVIX train! Ding ding ding! Last call! 8-) :) I missed the chance to buy at $19.20. I think I'm gonna sit out. I hope I'll get an answer this time...How about VIX June 20 calls? How is it different better/worse than buying shares of TVIX? :lol: I asked earlier but did not get an answ...

Demark said the top will be today in a recent interview, hmm. /YM does look somewhat weak. Granville says the DOW will drop 4000 points in 2012... http://www.bloomberg.com/video/84758540/ These guys don't know more than we do. If Demark or Granville were that precise with their predictions they'd n...

BullTart wrote:All aboard the TVIX train! Ding ding ding! Last call!

I missed the chance to buy at $19.20. I think I'm gonna sit out.

I think we just saw the selling climax on put prices... perhaps a washout sell event. On the TVIX, I see a volume spike and panic sell. Exactly what I've been waiting for. Added more long TVIX, now fully loaded. Let's see what happens the next two days. VIX may have bottomed, ETNs of VIX like TVIX ...

I think we just saw the selling climax on put prices... perhaps a washout sell event. On the TVIX, I see a volume spike and panic sell. Exactly what I've been waiting for. Added more long TVIX, now fully loaded. Let's see what happens the next two days. VIX may have bottomed, ETNs of VIX like TVIX ...

God damn bulls. $131.60 was resistance and now it is support. They turn things around so easy.

This market smelly so fishy

breaking news???

I got a sell signal finally confirmed, let' see how it goes.

short, stop loss 131.65

my chart called 1314 top and treated above as bull trap. expecting 1305. all points on es dropping hard. still chance to stop bleeding around 1305 area. i expect the market to cool off a little bit this is IT! cut open the mattress, grab the kids and guns and get to high ground! Let's hope it never...

jarbo456 wrote:single leg up...maybe single leg down? shakeout territory...

baseline on ichimoku been holding up well let's see when it touches it this time.

er. . "blazing WRATH" not WEALTH ? i have day 5 on wealth also--logical bounce off the wrath thing. nice point with timing. i am a white Chinese also but only in the sense of TCM (traditional medicine) Martial Arts and Classical Philosophy/Strategy (best in world). And of course THE BEST ...

He nailed this rally from Nov, when spx was about 100 points lower. Good news and bad news for bears: On Bloomberg a few moments ago, DeMark just called the market will top out next Tuesday. But it will be 20-30 ES points away. I saw it as well. But was his previous prediction accurate before? His ...

wow, god damn bulls managed to squeeze out a green day after all. amazing!

What are your thoughts on TVIX's correlation with VIX? Learned a hard lesson a couple weeks ago during expiration week (I think) as VIX went up while TVIX did not follow. I know Cobra's mentioned this before as well. Don't know if my experience was unusual because of expiration week or what. Also, ...

Bulkowski on wedgie: Overall performance rank for up/down breakouts (1 is best): 20 out of 23; 17 out of 21 Break even failure rate for up/down breakouts: 11%; 15% Average rise/decline: 32%; 15% Throwback/pullback rate: 56%, 69% Percentage meeting price target for up/down breakouts: 70%, 30% More h...

BullTart wrote:Also, VIX has now pierced the lower BB band after tagging it yesterday. A short term bounce is imminent soon.

I think VIX will bounce before the other stupid ETFs like TZA, SPXU, etc.