Cobra's Market View

as they say, bulls run up the stairs and bears jump out the window... 1 hour gains erased in 10 minutes

silkway wrote:

Cobra wrote:

agnosia wrote:ok guys seeing a lot of shorts capitulate a so i will try to put on a new short here around these levels... sorry to hear about it though guys.

4, I shall say.

5

Wait... this is a recipe for a short squeeze

rupert wrote:I'm afraid to say it but I've closed out my short position

It had reached max pain for me. It'll probably crash tomorrow now. Gutted by the strength of this rally.

just went short

Any news?

What a weekend... good thing I sold most of my longs on Friday. Sit on hands for now.

fehro wrote:Newbie to this site. Legit pattern? Could lead to a very ugly Tuesday.

IMO more of a rounded top.

Cobra..LOL. Whos long here? Who's short?

Cobra - what's up?

NO gap today??? amazing!

Cobra wrote:by the way, I don't have good feelings here for bulls, wish I were wrong. I'll explain why when indeed breakdown and we pullback to test the day's low.

Soo bearish lately! ugh!!

I think a p/b tomorrow is a strong BUY. Cobra I must disagree with you on your bias

Cobra did you feel the quake in Canada? I heard Toronto felt it.

Cobra impulse buy triggered?

Looks like a pretty decisive breakout of the triangle. Target the recent highs.

$SPY - short @ 114.75 again?

Looks more like a downward channel, no?

Orderly pullback so far, so good. Should test highs.

Pull back... test of strength. Let's gooooo!

Cobra- impulse system sells today?

FXF - rsi buy , 6 week top to top, this is getting too easy - set stop ? Just How Successful is the Head and Shoulders Pattern? Overall Success Rate: 40% i go with a blindfolded monkey 50-50 http://2.bp.blogspot.com/_qFiyjwMlP0Y/SVmtVeTNuWI/AAAAAAAAAfA/CIgFRnjJgf8/s400/monkey-darts.jpg Bulkowski no...