Cobra's Market View

knock wrote:

Me XMan wrote:GIDDY UP BULLS! This week is your week!

it's just a bear flag.

lol

Cobra wrote:still looks like a consolidation pattern therefore a 2nd leg down is still possible. you can call it ascending triangle but don't forget triangle is continuation pattern not reversal pattern no matter it's ascending, descending or symmetrical.

The master agreed with my 20/80% chance haha here we come

Oh Yes, lord, finally. Damn I got scared covered but didn't make much money just a little over $1K finally. God was underwater over $10K this morning. Now I can sleep tonight.

K everyone now time for the DEADLY MAs

tdo722 wrote:Oh Yes, lord, finally. Damn I got scared covered but didn't make much money just a little over $1K finally. God was underwater over $10K this morning. Now I can sleep tonight.

Dance woohoo

heavenskrow wrote:

tdo722 wrote:Oh Yes, lord, finally. Damn I got scared covered but didn't make much money just a little over $1K finally. God was underwater over $10K this morning. Now I can sleep tonight.

Dance woohoo

I'm dancing naked now. Never would I ever buy TVIX again. Decay so damn bad.

Intraday internals:
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

Okay fine, now that everybody is taking credit for calling the GINORMOUS turn.
I’d like to get some credit for my sweet girlfriend $NYADV, which as you may have noticed in my 1:17ET post “Note that nyadv did not confirm that last spy high at 1:00ET, but please DOUBLE CHECK as I am posting this in haste”
Yea, I was too busy dickin around with zombie yellow lines on my charts, and my little ZSL.
Sooooo…. Cheers for NYADV y’all
PS: thanks rhight for the stockcharts info, I’m going over it right now.

1220 next stop? ....if things start to really move... down..

here comes the 2nd leg down.

Well damn if it isn't the proverbial second leg! A short leg so far.....

So, to hold out on my short to 125.5 or bail now?

Perhaps the choice is like (this will date me, so here goes):

Door #1, you already know is 100 kilos of NY steak........ or you can choose Door #2.......

Hmm, you think, is it a 100 bottles of beer........ or 100 kilos of BIRDSEED!

You decide! Tick, tock, tick, tock......

dtguru168 wrote:Hi Cobra, new to here, I am a bear and just short today at top, made some $$$, nice to see so many guys here. I heard you are amazing

Thank you and welcome aboard!

tdo722 wrote:

heavenskrow wrote:

tdo722 wrote:Oh Yes, lord, finally. Damn I got scared covered but didn't make much money just a little over $1K finally. God was underwater over $10K this morning. Now I can sleep tonight.

Dance woohoo

I'm dancing naked now. Never would I ever buy TVIX again. Decay so damn bad.

I think I need a new strategy. I'm a scaredy cat. Underwater over $10K and only made $1k and ran. WTF.

Al_Dente wrote:Intraday internals:
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

Okay fine, now that everybody is taking credit for calling the GINORMOUS turn.
I’d like to get some credit for my sweet girlfriend $NYADV, which as you may have noticed in my 1:17ET post “Note that nyadv did not confirm that last spy high at 1:00ET, but please DOUBLE CHECK as I am posting this in haste”
Yea, I was too busy dickin around with zombie yellow lines on my charts, and my little ZSL.
Sooooo…. Cheers for NYADV y’all
PS: thanks rhight for the stockcharts info, I’m going over it right now.

Thanks Uncle Al, it never disappointed me that I can always learned something new from the old man, even a grumpy one. you can save this as your wall paper because you would never hear it again from me.

alright then. so who's holding short overnight?

i have to say, owning puts on XLF isn't really all that exciting. -_-

Nice Bear smackdown...of course we all saw that coming. 1,251 support being taken out as I type.

Alt. Count looks strong that a 3-3-3-3-3 Wave A Leading Diagonal is over. I would expect Wave B to carry us back down to the 1,222 support but we need to fall below 1,240 first to feel good about those chances.

Well well ... $125.5 just what I had thought.
Covered way too early again and now caught with long position.

Cobra wrote:here comes the 2nd leg down.

tdo722 wrote:

heavenskrow wrote:

tdo722 wrote:Oh Yes, lord, finally. Damn I got scared covered but didn't make much money just a little over $1K finally. God was underwater over $10K this morning. Now I can sleep tonight.

Dance woohoo

I'm dancing naked now. Never would I ever buy TVIX again. Decay so damn bad.

Market Lesson #3209 : Monday is a bad day to speculate in the markets. The other bad days are tuesday, wednesday, thursday and friday.

tdo722 wrote:

tdo722 wrote:

heavenskrow wrote:

tdo722 wrote:Oh Yes, lord, finally. Damn I got scared covered but didn't make much money just a little over $1K finally. God was underwater over $10K this morning. Now I can sleep tonight.

Dance woohoo

I'm dancing naked now. Never would I ever buy TVIX again. Decay so damn bad.

I think I need a new strategy. I'm a scaredy cat. Underwater over $10K and only made $1k and ran. WTF.

i think you should reach over your shoulder and give yourself a pat on the back from coming back down 10k.

then i think you should figure out how the hell you got down 10k in the first place with a 200k account. sounds like potential blowup city...

after that, drink a beer, and again, pat yourself on the back for clawing back.

jarbo456 wrote:alright then. so who's holding short overnight?

i have to say, owning puts on XLF isn't really all that exciting. -_-

I will leave some EDZ but nothing else over night if it trades under my favorite yellow line.

Longer view, 1 month 20 days, 30 min
http://stockcharts.com/h-sc/ui?s=$VIX&p ... =250178858


While writing his masterpiece “A Streetcar Named Desire,” Tennessee Williams, when “spent on the rigors of creation” would walk around the corner to Victor’s Restaurant [French Quarter, New Orleans, circa 1946] for Brandy Alexanders, and to listen to this song on the jukebox, day after day, over and over…
http://www.youtube.com/watch?v=IAinKGJZ8YE