Cobra's Market View

SPX
http://99ercharts.blogspot.com/2011/11/spx_627.html

Whee!

little 3 push up here, not sure if any pullback here though because this push up is strong. let's wait. I'm pretty much clueless now, 22 min to close anything could happen.

Look at FMCN.

Cobra wrote:strong but volume surged, so let's watch the next bar.

What is volume surge?

GS gone Green

MrMiyagi wrote:

GreedyKojiro wrote:

MrMiyagi wrote:Buying a very small TZA order here.

I'm with you. Reloaded my TVIX at $59.25

Keep a close eye, I believe Bullish for possibly rest of this short week.

Yes, agree. Thx. I think we (bears) have to only to tomorrow.

What happened to them?

MrMiyagi wrote:Look at FMCN.

This was a fun and scary temporary bull run. Cheers to us knife catchers!

dr659 wrote:

Cobra wrote:strong but volume surged, so let's watch the next bar.

What is volume surge?

volume increase.

L_T wrote:What happened to them?

MrMiyagi wrote:Look at FMCN.

Accounting issues I believe.

Unique wrote:

This was a fun and scary temporary bull run. Cheers to us knife catchers!

Spare me

$VIX at uptrend line at 32.45.

Out half TZA.

I’ve been listening to leaks all morning about the epic fail of our “stupor-committee”
Is anybody hearing otherwise? When do they report… did I miss it already?

Cobra wrote:

dr659 wrote:

Cobra wrote:strong but volume surged, so let's watch the next bar.

What is volume surge?

volume increase.

I guess i meant , Why when volume surge is there a countermove in the direction ( A pullback if its breaking to to upside and visa versa)

L_T wrote:What happened to them?

MrMiyagi wrote:Look at FMCN.

Ever heard of the famous short Muddy Waters?

I'm going long SPY into the close. 4 out of 4 times since the August crash that the next day is green when the lower BB band is breached. Will add more if gap down tomorrow.

You know market ain't gonna want to go down into Thanksgiving day.
Otherwise they will scare everyone out of market...

BullBear52x wrote:

Me XMan wrote:So where Turkey God sits? 121.75?

BullBear52x wrote:The Turkey god is wayyyy up bulls, look up, under this yellow is no no

Yes, for today let see from there on. (122 maybe?)

Thank you all, turkey god has spoken. GLTA

Nope......and I like people's stories better than wikipedia entries....hint.....hint....

PolarBull wrote:

L_T wrote:What happened to them?

MrMiyagi wrote:Look at FMCN.

Ever heard of the famous short Muddy Waters?

I'm going long SPY into the close. 4 out of 4 times since the August crash that the next day is green when the lower BB band is breached. Will add more if gap down tomorrow.

Out rest of TZA, 3rd time today.
I will look again at 2 minutes to close.

dr659 wrote:

Cobra wrote:

dr659 wrote:

Cobra wrote:strong but volume surged, so let's watch the next bar.

What is volume surge?

volume increase.

I guess i meant , Why when volume surge is there a countermove in the direction ( A pullback if its breaking to to upside and visa versa)

volume surge after a series of some color bars usually imply an exhaustion.