Cobra's Market View

Cletus, and I've been wondering where Racer has been. He hasn't posted in forever. Some of his stuff was out there, but a lot of his insights and postings were thought provoking

I'm far more bullish than most on this board -- and that IS why I come here; to challenge my own opinions ....(and also to learn far-out conspiracy theories).... but the lesson du jour is -- DISRUPT THE BEARS' DEN AT YOUR PERIL!

Its funny how these boards get deathly quiet when the bulls are in control.

Cletus - you and I may be the only bulls on this board

I don't have anything of substance to add. I just wanted to post to let Cobra know at least a few people are here today.

I can only begin to imagine the amount of money/profits/gains bears have left on the table the past 5 years trading on opinions & fears instead of obeying price and trading like a robot. <shrug>

I know pbars on equities don't work the same as the indexes, but here's one on FB....

I'm super bullish on the markets long term but let's be clear, this is NOT a strong rally. The up volume has been awful. What we need is like 10:1 to counterbalance the huge distribution days. Maybe it comes soon but it hasn't come yet. This is also the first correction I've ever seen without a was...

Vaamsy wrote:I see loads of people turning bullish. What if this is just a bear market rally that would fade away in a day or two?

Where's the bear market?

the bull is dead. The last century has seen nearly thirty (30) bear markets. The average bear market length has been 17.7 months with an average decline of 30.8%. A bear market begins, on average, every 44 months (3.6 years). Average is the keyword. Some bear markets last much longer. The key is ho...

IWM daily p-bar, anyone?

Are you saying Dead Cat Bounce, Cobra??

GOOGL 5-min pbars....fwiw

Cobra - just wanted to thank you for all your hard work on this site; all of your market knowledge, insight and objectivity; and for gathering a great following of intelligent market-watchers who generously share their own hard work and insights in your comments. Happy New Year to you and your famil...

Big pbar on AAPL 5min chart to $565

Cobra wrote:reversal of reversal of reversal, this bar is key to bears if it could be a red bar to confirm the reversal.

The market sure doesn't want to be decisive for you, huh Cobra?

Goldman Sachs' year-ago forecasts for 2012 (with the actuals in parentheses): 2012 U.S. real GDP up 1.8% (+2.3%), and global GDP up 3.2% (+3.1%); 2012 S&P 500 operating profits of $100 a share ($100 a share); year-end 2012 S&P 500 price target at 1250 (1425); 2012 inflation of +1.7% (+2.6%)...

374.png Yeah, at the mom the bulls don't have a story. Without no news it's diffiuclt to keep the rally going. i thought you had said earlier in the morning that you are bullish the market. your P&F charts are always a little more conservative than mine...where i'm eyeing a 1600 price objective...

rc1269 wrote:

BananaStand wrote:What does anyone make of AAPL's pop up just now?

76.4% retrace of recent up, completed a decending wedge. just like the last move from 501-535-504

Thanks!!

What does anyone make of AAPL's pop up just now?