Cobra's Market View

whoever called sideway triangle then breakdown earlier today? You are a true crystal ball my friend.

hutongerchuanzi wrote:Cobra, HT9 was down

OK now. I repaired the crashed table.

nowadays it's really not easy.

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, so I'm able to handle all of them.

99er wrote:Update

SPX http://99ercharts.blogspot.com/2011/11/spx_1444.html

Anybody still awake?

Have a good one.

You TOO.

Because I'm Martian, so I'm able to handle all of them.

[/quote]

--admire

Algyros wrote:Cobra,

Am I right in assuming that if the SPY closes in the red today, the CIS will go short?

As always, thanks for all your tireless work.

yes, it's a short.

So has the Turkey god left us?

Are we looking forward to the Turducken or Turdguinea?

We're stuck at these levels because this area is the gap up/down cutoff. If we finish lower than current levels, we gap down. If we finish higher, we gap up. All it takes is one big sell button or one big buy button.

Does market have full hours tomorrow?

really not good looking. it's consolidation therefore more likely to breakdown. bulls need show strength here.

dcurban1 wrote:So has the Turkey god left us?

Are we looking forward to the Turducken or Turdguinea?

Just plain Turd I'm afraid.

SB73 wrote:Does market have full hours tomorrow?

yes, you can check "Trader's Calendar" on the front page of the main site.

OK, sold TZA from this morning; in 34.30 out 34.92.
Might reload a bit if it turns down before the close.

Cobra wrote:

SB73 wrote:Does market have full hours tomorrow?

yes, you can check "Trader's Calendar" on the front page of the main site.

Thanks Cobra...I haven't been paying too much attention this week with the holidays, but riding a core short position has been nice.

SPX: The Triangle wave (4) option

VIx and SPX both closing in red today. Second time in past three days - wwird

From a Bull point of view, I like that AAPL made a good run today; I don't like TLT and TBT's performances.

MrMiyagi wrote:OK, sold TZA from this morning; in 34.30 out 34.92.
Might reload a bit if it turns down before the close.

Way to go!

Mr Miyagi , could you get a better picture of yourself - or even better, a different avatar??

/zb is reaching resistance soon. tomorrow will be a green. or it breaks out of resistance and I'll be toast.

well, guess that's it for today. tomorrow suppose to be bullish, we'll have to wait and see because so far today's intraday pattern, doesn't look good, had 2 attempt on the upside and failed, that's bad, because it's usually when you Earth people give up on the upside and trying on the downside. Thank you guys, I'll see you tomorrow. By the way, server crashed again just a moment ago. Guess I cannot simply put 2 major website on the same server. Glad it won't be long we'd move to a new server. Thank you guys, I'll see you tomorrow.