Cobra's Market View

buckle up

this market is got some more upside, I would't touch short position at this time.
Oil is on the run I think fehro was saying that oil is coiling,and is right on the money

Its downtrend from here, we might see bounce here and there, but market has crossed into downtrend mode.

Exited short earlier, hopeing for 10% bounce, we'll see
One never knows

Could we be at turning point here, begining of significant correction?

Shaishen wrote:

Junior Buffett wrote:

Sure Housing is not anymore easy money after the recent 6 years crazy run in prices..

Demand is still there, GTA population has increased in last 25 years from 4.5 mil. To 6.5 mil, and with all this wars and refugees population will continue growing.

Short positions have suddenly deacreased on uso, qqq, spy,... Expexcting market to rebound

I am expecting waterfall soon, Short positions are on the rise, borrowing money is going to become more expensive, plus it is summer, market tends to be very volatile in summer.
China market experiened bigest drop in day las night.

One has to love this market, excelent for trading, day or two bull, than bear, or just wait for 0830 in am, than you get pretty good idea where the money is, after whatever data is suppose to come out.
Have a fun guys!

it's sell time

This market could have another leg up,short positions have suddenly declined

to be or not to be, looks like not to be

Out of Bounds wrote:

mozart wrote:

Out of Bounds wrote:Added more shorts so I am averaging up.

I think we gonna see another leg up today, but I've been known to be wrong.
Tomorow might be different story, one day at time.

Yep. you got it right.

It happens once in blue moon.

Out of Bounds wrote:Added more shorts so I am averaging up.

I think we gonna see another leg up today, but I've been known to be wrong.
Tomorow might be different story, one day at time.

trying hard

Nasdaq 100 is going for third push, 4400 seem to be hard target to pass through.

MrMiyagi wrote:Ship hit iceberg.. she's not holding...

Like Titanic
This is beatuful market to trade

8 hr chart

Raging Bull

very tight