Cobra's Market View

Anyone care to share their thoughts about TLT? going further down or a bounce likely? Thanks for your thoughts.

Anyone have comments about the 3 peaks and a domed house pattern for S&P....valid? Thanks in advance for your comments.

Cobra,

Can you please comment on Money Flow.....is today's large move up confirmed by money flow? is it better than Monday's? Thanks much!

Cobra and others:

Can someone please comment on the Three Peaks and Dome technical set up. Has it been eliminated by yesterday's drop? If not, at what point is it invalidated. Thanks all.....love this forum!

Does anyone have any thoughts on the inverted H&S setup for the VIX?

Hi Cobra,

Now that we have another huge down day....what is your thougth about tomorrow? Your comment from last night suggests caution....but would like to hear what you think about tomorrow. Thanks much!!

Cobra's the BESTest!

Cobra,

What is your target in number please....I see the highlighted bar...but since it exceeds the numbers on the axis....just wanted to get a clarification from you of what the s&p price target is. Thanks.

Cobra,

Can you please update your evil plan given this (montrous) move today. Thanks.

As for NFP data...per Cobra, market down on the news will revers....and vice versa. Right Cobra? Thanks.

Cobra,

Do you think the ECB will cut rates tomorrow? If so, do you expect that to be market positive for both US and International markets in general?

Cobra,

What do the past couple of days tell you about whether your "yellow" area in you chart on Monday. Does it say the bears are stronger...and if so, what is the implication for tomorrow and next week? Thanks.

Jeanette

Cobra,

If we close at current levels, what is your best guess for tomorrow?

Thanks and take care...rest and lots of fluids.

IMHO: I think hedge fund redemptions in the next few days will lead to a downside bias in equity markets....not to mention uncertainties from the European block.

Everyone is comparing today's low to fall of 2010....but I would argue that today's fundamentals are far wrose than the fall of 2010.

99er

What do you mean by paging Tabby. It would really help if you are more direct and clear about your comments.

Cobra,

looks like transports broke the neckline? What do you think?

Thanks as usual.

Cobra,

If the market breaks 1230, is it your view that GALAXY far far away is back on the table? Thanks for your thoughts.

Cobra,

I see four touches not 3....so now is the fourth time....right? Does that change your view?

Thanks for your insight.

Technical analysis is a very important tool and is realiable probably 80% of the time. But during times of dislocation, where severe structural conditions go haywire (ie likely default of Greece), technical analysis will take a backseat to structural events. In which case, the 20% probability might ...

Thanks for your explanation Cobra....you're the best!!