Cobra's Market View

Cobra -- I'm going to give you a recommendation here. I think you should take what I tell you, and raise these questions for legal council. I'm not a lawyer so you can't just trust what I say at face value. I think what you can do is take what I say to you and bring it up to securities lawyer to see...

Screen shot 2011-07-18 at 8.12.01 AM.png This chart is for Cobra's Market View only. It's a copyright (C) of Bullish Cross 2011. I wanted to post for everyone's information here. In the last 8 quarters following the financial crisis, Apple has opened in the green 7 times (87.5%). In the 6 out of 8 ...

Screen shot 2011-07-18 at 8.12.01 AM.png This chart is for Cobra's Market View only. It's a copyright (C) of Bullish Cross 2011. I wanted to post for everyone's information here. In the last 8 quarters following the financial crisis, Apple has opened in the green 7 times (87.5%). In the 6 out of 8 ...

Anaconda wrote:As bull or bear, you just have a different perspective on who the bad guy is...

And I'm the guy who steals the fumbled football off the field, and sells it to someone for $50.00. I'm on no one's team.

The ChiOsc is out of control high. Highest it's been in nearly a year??

Your chiosc on the 60-min for the SPY is very high right now too.

Cobra wrote: hmm, i see what you mean here: do i talk too much?!

No! Lol. I'm saying I'm around and I read your blog and interday stuff, but I just don't post a lot of messages.

You, however, don't talk enough!

Cobra wrote:

andyzaky wrote:QE 3017 announced! The market hasn't been able to rally in 4 years without Fed accommodation. Isn't that a significant problem?

Andy, where have you been?

Here. I just don't talk too much. lol.

QE 3017 announced! The market hasn't been able to rally in 4 years without Fed accommodation. Isn't that a significant problem?

The market is very close to a bottom. Think about this logically. We've already seen 3-push downs, the chi-osc is at full-retard extremes, the SPY is sitting at the lower trend-line, the SPY oversold on the 60-min, and the vix is on it's way down. We're nearing a bottom at least for the near term. W...

Potential breaking down coming to forming rising wedge on the SPY. See the 30-min. below:

INVERTED HEAD & SHOULDERS or DOUBLE BOTTOM Same old boring bottom. We get a downtrend which is eventually broken on an interday basis. Then after the break of the downtrend, the SPY tests resistance which is around where the neckline of a developing inverted head & shoulders. After testing,...

The fed took over the market again. Back to the insane trade.

Screen shot 2011-03-11 at 11.46.31 AM.png We have a major conflict on the QQQQ. The 30 and 60 min chalkin oscillator argues for a near term top. WE should see some sort of incoming selling pressure very very soon. Yet, the pattern of multiple failed retests of the lows argues for a near term bottom...

Different.png An interesting discussion today is in what ways is this day similar and which ways this day is different then every other start to these melt-up rallies we've seen since August. How is today really different? Is there some key difference. If there isn't, then today should signal a &qu...

An interesting discussion today is in what ways is this day similar and which ways this day is different then every other start to these melt-up rallies we've seen since August. How is today really different? Is there some key difference. If there isn't, then today should signal a "get long bit...

THE START of ANOTHER 65 DAY RALLY? Ok. So today looks no different than the start of every other multi-month rally we've had since August. This looks like first trading session in January, first trading session in September, first trading session in December first trading session in February. Hell ...

FIRST OF THE MONTH RALLY Anyone else here concerned about the first of the month rally. Look at September 1, October 1, December 1, January 1, February 1... I really want to short this bounce right now, but damn. There's real concern about going short into the first of the month. We've massive mone...

First Leg Down.png Is the first leg down coming to an end? This bounce does look kind of weak even though its broken out of the downward channel. Edit: Why do I see an mini- inverted head & shoulders set up in the market's future? Breakout channel is only the first step, usually after the rebou...

Is the first leg down coming to an end? This bounce does look kind of weak even though its broken out of the downward channel.

Edit: Why do I see an mini- inverted head & shoulders set up in the market's future?