Cobra's Market View

Petsamo wrote:It's looking like another gap up, fellas.

Hope your're right, the folks that were not long over the holiday may jump in

This is a better link....it may have all of the pages


http://books.google.com/books?id=1eRcta ... ir&f=false

Happy Holidays to everyone. My gift to you is the link to William D. Gann's book "Tunnel Thru The Air". He supposedly hid his trading secrets in that novel. Good Luck. Sorry about the long URL. One of the greatest traders of all time. http://books.google.com/books?id=PccwFpuzX-YC&print...

Key level for SDS - possible double bottom..maybe

SDS hourly chart - The Grinch is near

Yesterday's post... A=1210 - 1225.6 B=1225.6 - 1216 ( .618*A) C=1216 - 1231 Now it is all downhill from here...1150 here we come. Don't believe too much into elliot crap. Have you ever watch that commercial by All State about the GPS? That's how I think of Elliot waves. Turn Left, now, recalculatin...

jaijailyc wrote:

Petsamo wrote:

jaijailyc wrote:am I the only bull here? (at least for this month)

I'm a bull, but I want up & down action. So far, up is the only direction

If SPY would close above 123.35 today (> 20 EMA, > 50 dma), I would sell my 2 ultrashort ETF's, holding a few stocks as long holdings

Sold my DGP, +2.56%

Fib 38.2 , $123.10, is a resistance, for now

DGP looks like a sweet buy

Smarter traders on this board than me, but someone believes today was the day to invest in
AMZN, BTU, HAL

jmho, we may be close to a bottom, maybe

proteus46 wrote:

jarbo456 wrote:

proteus46 wrote:Bought TNA as a day-trade

guess that means you think the LOD was put in already?

Right now may not be the low of the day, but I think there may be some buying in the next 1 to 2 hours. Later today we may see lower levels.

Sold my TNA, took my 61 cents a share profit

jarbo456 wrote:

proteus46 wrote:Bought TNA as a day-trade

guess that means you think the LOD was put in already?

Right now may not be the low of the day, but I think there may be some buying in the next 1 to 2 hours. Later today we may see lower levels.

Bought TNA as a day-trade

It would be cool if the board had an optional "Tweet + Submit" button, so both could be done at the same time.

Tough to stay near the PC at all times during the day.

imo, out of AMZN, AAPL and GOOG, I like AMZN as the play once we hit bottom.

michelangelo wrote:Might be a gravestone doji on the 30 minute TZA.

TZA had trouble getting past it's Daily 20 EMA

fehro wrote:a possible sharp down move could be coming.. if this pattern plays out

I'd like to see a gap down to SPY 121 on Tuesday

proteus46 wrote:SMI Ergodic is crossing over. CCI rolling over. If we get a gap down and a green doji during Tuesday, then it may be a chance to go long (for a swing-trade).

if we get a red doji tomorrow, sorry about that

SMI Ergodic is crossing over. CCI rolling over. If we get a gap down and a green doji during Tuesday, then it may be a chance to go long (for a swing-trade).

proteus46 wrote:Must defend 123.60

Too close for comfort