Cobra's Market View

Cobra wrote:A little BSO here, my comment last night, the usual pattern today.

If we get new high my analog will be in the trash can.

consolidation indeed. let's wait. as long as no sharp pullback, bulls are fine.

Cobra wrote:A little BSO here, my comment last night, the usual pattern today.

Cobra, BSO stands for?

tdo722 wrote:

BullBear52x wrote:It's back on line now, here is my analog, I still bet on it. gap down or down tomorrow. I posted this chart earlier today too.

I am with you on this one. If it closes below $129.42. How much capital? I am thinking 15%.

no more than 20%

Stock of the day JASO I missed it

noob wrote:

Cobra wrote:A little BSO here, my comment last night, the usual pattern today.

Cobra, BSO stands for?

something like "hey, told you so" in a bragging way. I forgot what BSO stands for.

BullBear52x wrote:

tdo722 wrote:

BullBear52x wrote:It's back on line now, here is my analog, I still bet on it. gap down or down tomorrow. I posted this chart earlier today too.

I am with you on this one. If it closes below $129.42. How much capital? I am thinking 15%.

no more than 20%

Cool, I think I'm gonna go with russell because it is so close to resistance and also short financial. They are both rising on thin volumes.

proteus46 wrote:I wonder if they are more Double-top folks than Inverse-Head-and-Shoulder folks?

I'm on the sidelines until that question is answered. And I think the Double-top folks
outnumber the Inverse-Head-and-Shoulder folks. jmho

Looks like we will end the day at the level of greatest uncertainty, near resistance, just to keep
us guessing...the big question is.. Are there buyers above the 129.50 line?

BSO means "bloody show off"?

tdo722 wrote:

BullBear52x wrote:

tdo722 wrote:

BullBear52x wrote:It's back on line now, here is my analog, I still bet on it. gap down or down tomorrow. I posted this chart earlier today too.

I am with you on this one. If it closes below $129.42. How much capital? I am thinking 15%.

no more than 20%

Cool, I think I'm gonna go with russell because it is so close to resistance and also short financial. They are both rising on thin volumes.

TRIN tickle up to .79 now from low of the day, that is good sign if you are bearish and the $NYHL is declining also, the power that be need to gap this thing up high to cancel all this out.

well, guess that's it for today. The only thing I want to say is, don't front run, I've got enough evidences for calling a top but so far I don't see chart pattern confirming my call so I'd rather wait. Thank you guys, I'll see you tomorrow.

Bulls don't want to hold over night...more up tomorrow?

BullBear52x wrote:

tdo722 wrote:

BullBear52x wrote:

tdo722 wrote:

BullBear52x wrote:It's back on line now, here is my analog, I still bet on it. gap down or down tomorrow. I posted this chart earlier today too.

I am with you on this one. If it closes below $129.42. How much capital? I am thinking 15%.

no more than 20%

Cool, I think I'm gonna go with russell because it is so close to resistance and also short financial. They are both rising on thin volumes.

TRIN tickle up to .79 now from low of the day, that is good sign if you are bearish and the $NYHL is declining also, the power that be need to gap this thing up high to cancel all this out.

Great thanks. Bought and paid for. Now let's hope we cash out in the morning.

Thanks Cobra and everyone GLTA

TA note: wishful thinking that the early bird can BSO at this juncture is where they separate a man from da boys

stepture wrote:BSO means "bloody show off"?

yes.

BullBear52x wrote:TRIN tickle up to .79 now from low of the day, that is good sign if you are bearish and the $NYHL is declining also, the power that be need to gap this thing up high to cancel all this out.

At least if it was a good up day the NYMO would have gotten much higher; reversal highs.
At this rate, I expect a day or two more of this see-saw bull posturing again but ultimately a drop of epic proportions.

BullBear52x wrote:Thanks Cobra and everyone GLTA

TA note: wishful thinking that the early bird can BSO at this juncture is where they separate a man from da boys

Cobra wrote:

noob wrote:

Cobra wrote:A little BSO here, my comment last night, the usual pattern today.

Cobra, BSO stands for?

something like "hey, told you so" in a bragging way. I forgot what BSO stands for.

Boston Symphony Orchestra.

VXX looks ok, still not many calls. Here's a chart with an ellipse, I'd like to see a better support bottom.

Thanks Cobra and all analysts

waverider wrote:

vxx.png

VXX looks ok, still not many calls. Here's a chart with an ellipse, I'd like to see a better support bottom.
Thanks Cobra and all analysts

I forgot to mention "Waverider Rules"
Six days of lower low VIX
First day today when VIX forgot to make lower low
mmmmmmm
not important, just another little cockroach there, right wave?
[edit: ooooops thats VXX]