Cobra's Market View

Here's a line also back to June. This charts has more lines than a party at Pablo Escobar's house :o :lol: Good chart. I don't think that channel will hold, but I hadn't noticed it before. "Thank you....thank you very much" NOT MKT RELATED: On a serious note, here's an article(s) for you....

I see some arguments again, please focus on the trade in this forum. If you'd like to discuss something else, please let me know, I can open another forum for you, thanks. Meanwhile, I see some suggestions about particular person here, if you guys know what I'm talking about and like to let me your...

1066 E.O.M We are only 3 months from The Battle of Hastings. I think that my new "I Think" system....use great battles of history. No statistical analysis.....I'm just posting based on dates. And June 4th's low was 2 days before D-Day, that was successful. Clearly a major mkt signal. I sh...

I don't post much, but I often visit and I particularly enjoy the content provided by SWalsh. At least he provides a good deal of informed perspective -- as opposed to guess work about where the market goes tomorrow. I don't always agree with him, but he's consistently thought-provoking. IMO that's ...

Let me give a simple example why the comments about "Program Trading" posted earlier are rather naive. And I do hope the many who hit Cobra's site read this twice and consider that it has not been written by someone who does not know how this "game" works. I'm guessing that 98%+...

so far goes as planed. I'm still neutral. didn't have a good sleep last night, so I'm very sleepy now, what a boring market. :roll: It is taking only 100 stocks quote stuffs to move SPY 10-12 ticks. I've never seen it this thin. I am listening to John Batchelor's Sunday night radio show that is syn...

SWalsh wrote:The boys woke up in The War Room:

Would you say they're working hard or hardly working?

Call me crazy, but this cyclical bull market may be close to ending. A possible multi-year bull flag with another down leg yet to come?? I'll join the crazy camp. I predicted when we broke 1000 that we would see a growth of fascism in America as the government and major corporations, with Wall Stre...

8-) Cobra, Why does XIV increase so much? Does it mean something? Thanks no idea. I never figured out VIX and its futures relationships, so I assume they're totally different things. and VIX doesn't work nowadays anyway. :lol: VIX products may be getting dumped because of the issues surrounding TVIX...

HFT information in real-time Again a reminder that the HFT program guy is often online (but usually not Wednesdays) commenting on what is taking place with the machines. http://stocktwits.com/HFTAlert There is no advertising for his program (expensive) or service. These are on StockTwits at no cost...

HFT information in real-time Again a reminder that the HFT program guy is often online (but usually not Wednesdays) commenting on what is taking place with the machines. http://stocktwits.com/HFTAlert There is no advertising for his program (expensive) or service. These are on StockTwits at no cost...

SWalsh wrote:
Nice chart...does it come in a down version?

You betcha Walshie.

Here's a SPX Elliott Wave count reflecting my view of the recent past and how it relates to the near future. This isn't crystal ball stuff, but it probably beats a random guess. I'd appreciate a little volatility. 57chevy best chart of day IMHO [edit: stated by a NON WAVE viewer... i dont count wav...

Here's a SPX Elliott Wave count reflecting my view of the recent past and how it relates to the near future. This isn't crystal ball stuff, but it probably beats a random guess.

I'd appreciate a little volatility.

Not that there is any logic remaining, but this would be a logical spot to turn from based on trendlines: Given the strength of today's move, one might consider the possibility of this being a 3rd of a 3rd wave (within a 5th of a 3rd). Here's a chart to put my view in some Elliott Wave perspective:

Corrective pattern down from last weeks high. Corrective pattern off the ensuing low. Sounds like corrective mode (4th wave?) to me.

Sooo much negative divergences..... If SPY wont go down....TA is worthless... :lol: There has been an increasingly high rate of negative divergence being invalidated despite patterns that would point towards declines. May I acquaint you with 2009 where not one major divergence worked? A friend of m...

Cobra wrote:I don't read it as an valid breakout yet. Travel too long to breakout, so normally the breakout might not hold, let's see.

By "traveled too long" do you mean excessive horizontal movement preceding the upward thrust?

quote by a decent trader-we will see. (this would fit nymo 10 ad stuff doesn't have to be 3% but most moves lately closer to 5-10% so 3% works) This just crossed my desk- In the past 14 years, each time Apple has gapped up 5% or more on the morning after earnings to a new 52-week high- and that has...

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...