Cobra's Market View

Than you Cobra for your amazing work the whole day! Have a good evening!

I agree with you.
How about 1270 or when eur/usd @ 1.373?

uempel wrote:This is yesterday's chart showing a fine H&S target. Yesterday I would have shorted here, today I'm not. I checked many charts last night and I'm now more bullish than yesterday. If I short (not sure yet) at a higher level.

8.png

Thank you cobra for your nice call today. I almost started to short at 1272 based on the morning picture. But your "there is more up" stopped me in time.

Make sense. I will stay outside and watch.

MrMiyagi wrote:

txsky wrote:You are really a big bull, man!
I want to start to short.

With Italy and Greek sent back to the back of the trouble line it's good times for now.
I think Bernanke speaks tomorrow about something or other, I don't think anyone will listen to him.

You are really a big bull, man!
I want to start to short.

MrMiyagi wrote:Labeling this Bull market now at 128$. I don't see a reversal until 132-135$ region on SPY.

nice picture.

uempel wrote:Bird's-eye view:

76.png

nice call, it is indeed more than one leg up.

Cobra wrote:breakout as expected, tinted area as the target.

maybe here is why such a huge squeeze:
Buffett goes on $20 billion stock buying spree
http://money.cnn.com/2011/11/07/markets/buffett_stocks/

any commence?

OMG!

seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.

It is amazing!
Thank you Cobra! Have a nice evening!

Cobra wrote:guys, I clearly said before the price surge: the 1st up leg since the Oct 4 wasn't over yet, right? That made my day!

Thank you Cobra. It is amazing that the pullback that you talked about since last friday happened. We will see where the pullback will get.
The volume of today's pullback is low, so I guess there will be more pullback in the near future.

Thank you Cobra! Have a good weekend!

1203.7 * 1.02 = 1227.8
I cautiously guess this will be today's high. Not sure it is the close point or not. We will see.
To my surprise, bull is strong.

silicon_beaver wrote:GOOG up +20 point AH.

What?
How many of you want to cry now if you set up the call/long order of GOOG but did not click "enter"?

Today's market looks like 09/19. I have no idea what GOOG ER would be.
Thank you so much, cobra!

only 38 min left, let's see how market runs. It is a very interesting day. I am glad cobra predicted it so right! And hope his prediction about the following day will be right too.
I have no long/short position now, all cash.

spy moves up but with volume lower and lower.

i will post something here.