Cobra's Market View

here's the recent roadmap for anyone interested:
http://standardpoor.wordpress.com/

hi cobra, here's the current roadmap for anybody interested:
http://standardpoor.wordpress.com/

morning guys:if we rally above 1278 spx, especially if we close above 1278, that will be proof that it's time to add to longs and that correction is over but best bet is that we are in an abcde triangle (as i outlined in the comments section last night) that started 10/27/11 at 1292.66 and that we w...

hopefully this c wave down will give bullish mania the pause the market needs to reset itself for later new 52 week highs. need at least 1215 spx first. could even see 1190 spx.

the c wave has arrived:
http://standardpoor.wordpress.com/

hi cobra, here's the wed.roadmap for anyone interested.
closed out more longs today.
http://standardpoor.wordpress.com/

we might go to 1290-1300 to complete a “b” wave then down to 1215 spx after all to finish a flat abc, if so i’ll reduce long exposure from 90% to 80% in the roadmap account in the 1290 area. if we break 1300 with strong momentum i’ll add longs back to roadmap acct. no changes to any portfolios since...

the c wave down in spx that i think started 11/04 at the days high should start to get harsh from this point.

thanks almo99, i forgot the .com and my coffee.

i see us going down this week as well, the greeks will finally put a damper to the bulls rampage, temporarily anyway.
here's the chart/roadmap for anyone interested:

http://standardpoor.wordpress.com/

closed out some longs, here's chart and why:
http://standardpoor.wordpress....

increased longs at spx 1220 yesterday, here's why:

http://standardpoor.wordpress.com/

1218.69 spx this morning may have been the end of an irregular abc flat.
http://standardpoor.wordpress.com

poor "pending" home sales release this morning yet drn and other realty stocks are up.

http://standardpoor.wordpress.com/ the roadmap for today, portfolios and wave count,pics,etc. yesterday's best performers in the short term high risk portfolio were gtiv +13.31%, ift +9.82% and spmd +8.57%, most others were slightly profitable. closed out all commodity long term shorts on monday, th...

huge gap opens like today are typical trademarks of a wave 3 in full bloom.

wave 3 in progress.

watched a charlie rose interview with walter isaccson, the biographer for steve jobs. very worth while one’s time.
http://www.charlierose.com/schedule/

roadmap for wednesday is available for anyone interested:
http://standardpoor.wordpress.com/

just finished watching a charlie rose interview with walter isaccson, the biographer for steve jobs. very worth while one’s time.
http://www.charlierose.com/schedule/