Cobra's Market View

Darn, I sure wish I had the puts I sold at 2 yesterday..!

I only made a dime on each option BUT, it's better than loosing

BULLBEAR, it worked. Market did move down..

BullBear52x wrote:

TraderJoe wrote:Is that a BEAR FLAG??

pick one.

2.PNG

1.PNG

I pick Bear, I'm short.
Maybe this will help

Is that a BEAR FLAG??

I sold the SPY calls I bought yesterday at 183.75.

Small lot of calls at 183.75

I sold my March SPY puts. I'll buy them back later.
Did well, it helps make up for some of my dumb trades..!

I read in a newsletter that there are 2 head & shoulder formations now;
On of them is complete with a target of 1800.
If this target fulfills, it will complete the second and the new target for this H&S will be 1500.

Any input???

I read in a newsletter that there are 2 head & shoulder formations now;
On of them is complete with a target of 1800.
If this target fulfills, it will complete the second and the new target for this H&S will be 1500.

Any input???

UBS cuts its 2016 S&P 500 target and says stocks could fall 8% in the next few weeks..! http://www.businessinsider.com/ubs-julian-emanuel-cuts-2016-sp-500-price-target-2016-2?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content...

Boy, I hope you are close to correct on the 1780.
I have a 'small' boatload of 3/18 175 SPY puts i'm holding. So far I'm up around 50% on them. I sure like to see more..!

Cobra wrote:new low not decisive enough, so bears still need to be careful as a straight down day is very rare nowadays.

Come on 100% MM

I have been searching long and hard to find the right market tools.

I believe I finally found it;

HARRY DENT: The Dow is set to fall 70% by 2017

http://www.businessinsider.com/greatest ... ear-2016-1

I'm out, I sold my SPY puts from Monday.
There may be more down but, I'm happy with my return.

I will venture to guess that there will be several more 7% down days in the China market.

Hi,
This is quite interesting.
Please post an update to this chart later today, if you find time.

DENT: The stock market will start to crash by February, if not sooner

http://www.businessinsider.com/dent-sto ... er-2015-12

Life can be really hard on some people;

Disney CEO Iger's Pay Falls 3% to $44.9 Million in Fiscal 2015