Cobra's Market View

Stockcharts.com bug? :o :shock: :? :roll: :mrgreen: Stockcharts.com have a promotion to upgrade basic member to extra for $1 per month. For example, if I get 13 month of basic membership for $154.95. Then I can upgrade my account to Extra! with $13 Once upgraded, I can downgrade from Extra! to basic...

wow~~ what happened, dropping so fast!

Cobra wrote:still no decisive breakdown, so nothing new to add, let's wait and see. bulls need pray of course as now bears got the ball and attacking...

i got in long position... ma mi ma mi hong~~ may force be with bulls~~ :( :o :shock: :? :cry:

Cobra wrote:lunch time. nothing to say. this market is dead, everyone waits for the firework after debt ceiling deal...

up up up ole ole ole~~~ up up up ole ole ole~~~ :?

I think Cramer should retire his C.A.N.D.I.E.S and come out with C.R.A.C.K (Cramer Recommends Apple & Chipotle u Kramericans) After all, who wants candy when they can have crack. In other news, Ben Bernanke appointed Muhammad Saeed al-Sahhaf (Bagdad Bob) as the new Fed Information Minister. Spe...

why ak84 not ak87?

remember what I said last night? AAPL is now officially 10% above its MA50 now. Gap up huge, especially above 5%+ means sell. so if tomorrow gap up, sell, thank you laoda~~ i have a lot of aapl... :? :shock: :o :roll: :| the risk reward in aapl going into ER doesnt make any sense especially if ur h...

Cobra wrote:remember what I said last night? AAPL is now officially 10% above its MA50 now. Gap up huge, especially above 5%+ means sell.

so if tomorrow gap up, sell, thank you laoda~~ i have a lot of aapl... :? :shock: :o :roll: :|

Cobra wrote:trend line, still no idea about what the market is doing.

i thought this is a buy entry :o :shock: :? :oops:

Cobra wrote:no valid breakout yet...

possible abc buy entry? :?
laoda had lunch alraedy? :mrgreen:

from wsj, Prices surged after trading began on the Chicago Mercantile Exchange and hit the daily limit on price increases within an hour and a half after the open. Lean hogs for August delivery ended limit up, rising 3.1%, or 3 cents, to 99.17 cents a pound. Chinese Premier Wen Jiabao spoke specific...

critical point here. I'm partial out short again, leave the rest to the close or stop loss triggered, let's see. Cobra, is your projection for the low of the day today also more likely be the low for this week and we'll see some move up in the next few days or do you think the market will go a bit ...

Cobra wrote:hmm, looks like I made the 4th call right, too bad I didn't insist. :roll: anyway, no idea how market closes today, the best case for bulls is ironically to close low of the day...

Let me guess, if close LOD, today will be distribution day?

critical point here. I'm partial out short again, leave the rest to the close or stop loss triggered, let's see. Cobra, is your projection for the low of the day today also more likely be the low for this week and we'll see some move up in the next few days or do you think the market will go a bit ...

uempel wrote:This chart should be helpful :)

SPX3.png

yay~ i like this chart :mrgreen: thanks

cobra, still think an accelerated car can not back down :) still think we make new highs? this market is crazy back test the high still is possible, it's really rare we simply tank from here. but anyway, who cares, I'm shorting now. will worry about bulls the other day. :lol: no sign of rebound at ...

Cobra wrote:new low after 10:30am ET, so 90% chances Open > Close today. The last Friday, we had the same lower low after 10:30am ET, but the 90% chances failed as we eventually had open < close. The question is: will this 90% chance fail again? 2 days in a row? :roll:

today should be different :?

PRI and Mr. T: Sorry, I was being sarcastic. When price creeps up a slanting trendline it nearly always falls through at some point - that's really bearish. If price bounces on a trendline it's more bullish. The chart I showed with the creepy action and the bearish flag is very bearish (short term)...

Mr. T wrote:

PRI wrote:

uempel wrote:Update:

SPX25.png

Bearish (flag) and bullish? Could you elaborate please? Thank you!

2nd that request

co ask~~ :cry: