Cobra's Market View

Cobra is god

Cobra wrote:all the targets are now met.

does this count for a bullish day tomorrow then?

[quote="ddd"]For real?

It's QE3 = it's already here.......

it'd be a perfect day for bulls if the price could consolidate here instead of a pullback to close.

Two of my long term holdings, AAPL, SBUX clearly broke out. That tells me today's gap down may not be a trend change.

jarbo456 wrote:

Cobra wrote:all the targets are now met.

does this count for a bullish day tomorrow then?

hard to call tomorrow because Canadian Market doesn't follow the US market today. Usually Canadians are more willing to tell the truth...

I mean Canadian market of course.

elevator down

Again??Really??

dann nov. crude made it up to 86.40, never got to my 86.5 short. hope i didn't miss out...

thanks cobra, see u guys.. i need to go murder some bee's !!

Cobra.

You said a short while ago you expected to see a re-test of this morning's lows, if not today, then tomorrow.

Doesn't look like it will be today, so do you still expect it will be tomorrow therfore ?

let's take a look at the Canadian market, on last Friday, it already told the truth about today's open at least. That said, Canadian market doesn't always lead, back test shows only 50% chances, so it's not the holly grail.

hdenandy wrote:Cobra.

You said a short while ago you expected to see a re-test of this morning's lows, if not today, then tomorrow.

Doesn't look like it will be today, so do you still expect it will be tomorrow therfore ?

statistically yes in the following days, usually the next day.

so my call was fulfilled only 50% today, need see the following days.

Don't bet on such statistics only, you should have your own trading rule, please.

well, guess that's it for today, as I said my call was only fulfilled half today, so let's see if I'm still lucky tomorrow or the day after tomorrow. thank you guys, I'll see you tomorrow.

Many thanks Cobra

Cobra wrote:let's take a look at the Canadian market, on last Friday, it already told the truth about today's open at least. That said, Canadian market doesn't always lead, back test shows only 50% chances, so it's not the holly grail.

Canadian market? Really?

Ok, without being sarcastic, have you been to New York? It's hard for me to believe the traders I've known on prop desks making calls based on the Canadian market. Just saying, not trying to be mean.

StrikePrice wrote:

Cobra wrote:let's take a look at the Canadian market, on last Friday, it already told the truth about today's open at least. That said, Canadian market doesn't always lead, back test shows only 50% chances, so it's not the holly grail.

Canadian market? Really?

Ok, without being sarcastic, have you been to New York? It's hard for me to believe the traders I've known on prop desks making calls based on the Canadian market. Just saying, not trying to be mean.

Canadian market is mainly about commodities, so that's why sometimes it tells the truth.

Cobra wrote:

StrikePrice wrote:

Cobra wrote:let's take a look at the Canadian market, on last Friday, it already told the truth about today's open at least. That said, Canadian market doesn't always lead, back test shows only 50% chances, so it's not the holly grail.

Canadian market? Really?

Ok, without being sarcastic, have you been to New York? It's hard for me to believe the traders I've known on prop desks making calls based on the Canadian market. Just saying, not trying to be mean.

Canadian market is mainly about commodities, so that's why sometimes it tells the truth.

Cool. Got it.

is that possible that cobra can post some video link like weekly market analysis going forward? that could be really cool