Cobra's Market View

Suggested reading: http://www.etoro.com/education/how-political-events-affect-stock-markets.aspx http://blogs.reuters.com/india-expertzone/2014/03/10/how-election-years-affect-the-stock-market/ http://abcnews.go.com/Business/story?id=6185252 http://mercatus.org/publication/stock-market-reactions-pol...

Cobra wrote:Guys, please stock related stuff only, no politics, thanks.

Politics isn't stock-related.

Ohhhhh Keeeeeee.
Gee, you learn something new everyday.

Cobra wrote:double bottom target met. some chances bears are over for this round pullback (not only today because it's the 2nd test to the pullback low this round). lunch time, will be back.

I agree.

Sell-off seems to be getting over-extended short term.
I am starting to see many dojis on my charts....

MrMiyagi wrote:

Nrsimha wrote:It was a statement about the Vatican.

BUT if the shoe fits .....

And mine was about how people can interpret things in whatever way works for them *cough*Nostra*cough*damus*cough*.

*cough*Nostra*cough*damus*cough*


lmao.
Touché, Myagi.

kongen wrote:Nrshima is very subtle. Now comparing Obama to Hitler.

It was a statement about the Vatican.

BUT if the shoe fits .....

Off-Topic:

Presented without comment.

gappy wrote:

Capture.PNG

http://www.ingoldwetrust.ch/minutes-of- ... -gold-1974

Nice.

The market is saying something. Let me translate it for you. VOTE OF NO CONFIDENCE (for Yellen and the new Fed team). And please .... no personal attacks from crybabies ... I just call 'em as I sees 'em. :lol: :lol: :lol: But seriously, my software does flash a (long term/intermediate term) buy sig...

The market is saying something.

Let me translate it for you.


VOTE OF NO CONFIDENCE (for Yellen and the new Fed team).

And please .... no personal attacks from crybabies ... I just call 'em as I sees 'em.

My two cents ----------- > My long term optimization software (based on back-testing and MCMC methods/Gibbs sampling) is starting to flash a "buy" signal (I am using 15-day periods as candles) --- so, I am going to pile in as soon as the full STO turns up on the daily. As of today the ful...

Fehro, I like to hear your thoughts on GDX please. GDX weekly, GOLD daily, GOLD monthly.. the charts are similar... GOLD monthly.. not looking good on the candle.. at the moment... still two days to go... weekly GDX holding 20w SMA.... possible invs H&S on GOLD... daily.. holding 200d 50d..... ...

Here's projection from the weekend (1876 at March 31): Fri, Mar 21, 2014 Mon, Mar 24, 2014 Outright Treasury Coupon Purchases 02/15/2036 - 02/15/2044 $1.00 - $1.25 billion --> -6 -> 1860 Mon, Mar 24, 2014 Tue, Mar 25, 2014 Outright Treasury Coupon Purchases 11/15/2024 - 02/15/2031 $0.50 - $0.75 bil...

BullBear52x wrote:

Out of Bounds wrote:C OMG Citi

A reminder of un-fundamental support.

This could cause a run on the banks. No?

Bears may be "over", but bulls are losing money.

Yep.

DellGriffith wrote:Gold got slammed again this morning. really need it to keep dropping too.

I am getting ready to pull the trigger on GDX and NUGT when the Full STO turns up on the daily.

Edit: I am eyeing the Jan 16 gap on GDX at 22.62 ------- > DellG, do you think we'll hit it?

In the interest of disclosure, my software is starting to flash a (intermediate/long term) BUY signal on GDX
(parameters -------- > increased likelihood of GDX being higher than it is now at 30 trading days from now.)

I am starting to nibble.

This is a funny :D indicator but it works: get out of the market if BPNDX sinks below 59. At the moment BPNDX is two points higher and is not signalling a "sell". By the way, access to BPNDX is for free at stockcharts. Go to "Free Charts" and then to "Major Bullish Percent ...

Janet Yellen = EPIC FAIL. (Not her looks or age or gender or race or .... [NOT THAT AGAIN!! :roll: :roll: ]) The fact that SHE WANT TO RAISE INTEREST RATES "SOONER THAN EXPECTED". That is what the guys at Blackrock and the other big playas are reading from last weeks statements. And that ...

Gold alert. Gold is DOWN another $22. This is going a LONG way to installing the second shoulder on the massive inverse head and shoulders pattern on gold. It needed to drop big immediately....and we are getting it. We get this second shoulder carved out, and gold will explode higher in 2014. Also,...