Cobra's Market View

told ya before the crooks want cash gaps filled. Bent house.

Cobra wrote:here comes the 2nd leg down.

Rebound from here?

HAHAHAHAHA! NO BALLS NO PLAY!

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

jarbo456 wrote:

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.

Funny, those assholes from Fidelity called me this morning for MC of course. I said "I know, I'd like to use all cash this time, can't you just give me a few days.

ken d wrote:

Cobra wrote:here comes the 2nd leg down.

Rebound from here?

sell off too strong, the rebound if any still is sell, careful here.

jarbo456 wrote:

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.

yes what he said. Preservation of capital is much more important. Great job!

I don't think they can monster up gap this thing tomorrow unless they have more central bank resolution....with that said, I better cover before Greece is bailed out or somebody resigns

SB73 wrote:I don't think they can monster up gap this thing tomorrow unless they have more central bank resolution....with that said, I better cover before Greece is bailed out or somebody resigns

True. Portugal broke out of its daily channel resistance and could be a head fake.

Al_Dente wrote: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

Where do you come up with these tid bits?

All eyes on ZBBBBBBBBBBBBBBBB

The ball is in bear hands now

interday gap on SPX

actually ES is on support. while ZB is at resistance

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 am ready for the upcoming 2 day event.

Only hope can save us now,
In this short life so little time it allows,
Only hope can rekindle this lost bullish love,
And make the pains of tomorrow go unspoken-of,
Only hope can set us free,
During these times of forgotten glee,
Only hope can guide us in the dark,
In times when we wish to not be eat by shark,
Only hope can save us from this pitiful life,
Of endless unnerving bullish strife,
The only thing that will help us cope,
Is our bullish dope and casual smoke,
And in the end all we have is pray and hope...

ES

Never Mind Skimming Pennies LONG

The New Year
The Foundation for the Study of Cycles says that, based on 5,000 years of cyclical data, 2012 will deliver “The Perfect Storm.”

All this is why 2012 is likely to be the most pivotal year of our lifetime, bringing not only major failures, but also unprecedented government responses, and a whole new round of “unintended consequences.”

Cobra wrote:

ken d wrote:

Cobra wrote:here comes the 2nd leg down.

Rebound from here?

sell off too strong, the rebound if any still is sell, careful here.

Cobra,

Do you mean intraday, or carry over to tomorrow?

Thanks in advance!

jimme wrote:

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 am ready for the upcoming 2 day event.

yes sir 2/3 of the position.

If we close at lows today, it is 2 consecutive doji. very bearish
funny all the bulls were parading this morning on financial media, especialy that goon doug kass