Cobra's Market View

Out of Bounds wrote:

Out of Bounds wrote:My guess is that the SPY will be bound by S1 and Pivot.
115.63 - 111.96

Those numbers are completely wrong! Please ignore. They should be:
112.98 - 114.81.

great call. got out at 114.73 after it touched 114.81.

Out of Bounds wrote:

Out of Bounds wrote:My guess is that the SPY will be bound by S1 and Pivot.
115.63 - 111.96

Those numbers are completely wrong! Please ignore. They should be:
112.98 - 114.81.

hit your pivot. we getting out?

testing the 200ma again on the 5min SPY chart. just waiting to get out of my long calls when the market gives me a chance.

once we fill this gap, are we then heading down lower cobra?

exited minus a small portfolio hedge position. long some sept. 107 calls. fingers crossed on not having europe decide to fall apart tonight...

Real question is, do I hold these deep in the money shorts overnight... How greedy can I really be. 5% down day was a homerun. Chart tells me we're still headed down so I will faithfully follow. Grand slam? i'm having the same exact thoughts...holding 30 deep in the money SPY puts...sell and be hap...

amazing. i was literally minutes away from closing my short spy position. now i want to add to it.

wtf is going on with HPQ

i think part of the warning has to include the fact that the market couldn't hold it's gains even on a weak dollar day yesterday. i think that was indicative for me to consider holding my short spy position, which i did...thankfully.

been short all day, and finally looking like it's working out.

looks like gap's been filled, but still bullish no?

i agree soku.

any suggestions for another broker?

yes...the migration from TOS to TD seems to be causing some issues for the second day in a row. i'm still waiting for tech support...been waiting for 25 minutes. time to think about using someone else...any suggestions out there?

10:36am. Looks like TOS system is back up and running. Just finished chatting with Kevin. He did his best to help out...but makes me wonder if we're in for more of this with the TD/TOS conversion.

the problem is when it didn't show up i got filled, i cancelled the orders. and instead, 10 minutes later, i've now gotten filled the opposite direction.

wow...anyone else having major problems with TOS this morning? delayed execution and not acknowledging cancelled orders...i'm now in two positions i don't want to be in and their trading desk is doing voicemail and no one online to help. -_-

bigger picture looks like a probable down market tomorrow, or no?

seems like there's no buying into the close...quite the opposite.