Cobra's Market View

cobra, arent you a tad troubled with the back to back 7pt wide ES bars, suggests reversal to me

There is nothing bullish about the daily charts, and nothing even resembling a bottom

"Euro Bond" talk fuels last lift...good luck with that, and 5 min H&S reversals last that long, 5min

Cobra wrote:now anyone sees H&S Bottom here?

yes and a bearish wedge

Turnaround Tuesday will not dissapoint, would love gap up, will be the easiest short money made...no way low is in

I'm expecting money to find its way out of the FB allocation and back into AAPL...rip your face off squeeze would be nice...chart is screeming 515, but when do shorts ever get exactly what they want

Yes, Cobra...many thanks...been at this for a long time and you are the best i've seen at short and interim calls...absolutely love those days when you nail 5 pivots on the 5min charts...great stuff

phew, Eurozone closed...no US Managers can get back to what they do best, ignore Euro contagion risk until its too late...risk on into the completely rigged Sapinish 10y auction

IBM 50day should be fun for algos and stop loss junkies...in 5, 4, 3, 2,...

Cobra wrote:another key time, bulls really need this to be C&H. the bias so far is still up.

forgive the absense of a chart, but i have a break of the ES 5min uptrnd line and retest...looks down from here

c'mon Cobra these little bounces are sooo weak, this dip would have been bought and the gap closed by 10AM if this were the old days...i smell a sea change....thoughts ole boy?

Cobra wrote:not a confirmed break down yet, but bears could dream a little about their target now.

Can I get an AMEN?

another way of measured target. Cobra, any chance 5min global ES giving us a triangle, with possible down cotinuation? Yes, you can see triangle on 5 min SPY as well, but if it means continuation, it should mean up because from yesterday low to now, it was an uptrend. :roll: Ah, see it...was lookin...

Cobra wrote:another way of measured target.

Cobra, any chance 5min global ES giving us a triangle, with possible down cotinuation?

anyone who trades options shouldnt be surprised by this action, we have a massive squeeze into the quarter month end equity expiry, and financials are leading the parade....convincing the masses and the less convicted bears that this is the final piece to the "next leg up puzzle"...we are ...

i empirically study Cramers giddiness, and he is overbot, signalling a major top...

how much longer will S&P let AAPL remain at its current weighting in the index...March 30 rebalance makes perfect sense...we'll see

AAPL...parabolic... stock ownership is at saturation point, based largely on the unanimously accepted beleif in the growth of two products...i remember when $140 oil looked and felt the same...revisit those charts.

here's your flush...at long last, finally, thank you Jamie Dimon...shorts are gone, banks will be jammed into qtr end and the susequent collapse will be epic...

JPM increased div. announce buyback....