Cobra's Market View

Happy New Year everyone, and thank you Cobra for such hard working!
Trade them well in 2012!!!

I'm out of my short as well. Could have made more but at least I see my mistake. Profit is Profit! Carlos, when I took my emphasis off my P/L and put it on discipline...to trade my plan, the P/L took care of itself. Things I know for sure: 1) never regret taking a profit or say, "I should have...

Cobra, HT9 was down OK now. I repaired the crashed table. nowadays it's really not easy. :lol: I have to write stock report. I have to give realtime comment. I have to write stock back test program. I have to setup new server. I have to repair the database. Oh, I have to trade. Because I'm Martian,...

Cobra, HT9 was down

uempel wrote:Edge worked perfectly for a long:

nice chart, thanks, are you a Mathematician?

99er wrote:Updates

Gold http://99ercharts.blogspot.com/2011/11/gold_15.html
Silver http://99ercharts.blogspot.com/2011/11/silver_15.html

based on your chart, what's your view on gold now? thanks

champix wrote:waiting for the market to decide... let's have a little fun :

lmao, good one

Cobra wrote:double bottom target reached.

this is a great call! Thank you so much!

uempel wrote:Update:

7.png

thanks a lot, glad to know

Cobra wrote:so far looks like a small bear flag breakdown.

welcome back, I need your guidance... Thanks

Waiting to see if gold breaking downside channel for real... target 1720/1722 :geek: agnosia, u there? Long 1712.80, target 1721, stop 1713... let's go bulls ! :) closed 1716.90 for +4.1, spx is not helping anymore... 1721 target met... I closed too early ! whatever... let's see now as commodities ...

Cobra wrote:should be 2 legged down on 1 min chart. funny nowadays I have to read 1 min chart.

you bet, market changing that fast

what is gold doing?

Cobra, is it confirmed diamond pattern break out to the upside? thanks

GM and happy trading!

Cobra wrote:well, I just want to remind all the bears here: despite all the negative signs, the chart pattern looks unbelievably strong, a consolidation at an important resistance usually means a blast to the upside, so be careful here, don't get too bearish!

roger that!

niu!

Cobra wrote:Perfect, I made all the score today.

Go Bears, Go! We can do it!!! By the way, THANKS EVERYONE FOR SHARING YOUR THOUGHTS AND AWESOME CHARTS! Cobra, Uempel, kenna, ultramarine, mrbachnut, jarbo456, 99er, ak84, Agnosia, bullbear52x, Aldente, bushwaffle, eviltrader and so many more ... Thanks! A special thank you, of course, to THE Cobra...

tdo722 wrote:Praying for major sell off starting at 3:30PM as usual

not recent couple of days though

99er, that butterfly is beautiful indeed