Back to www.cobrasmarketview.com |
Just one last smooch with 1400 before BUH BYECobra wrote:totally a failed breakout, but still it could be a larger Ascending Triangle, let's wait. I'm pretty much give up any hopes for bears.
Need to agree with you, there are 2 possibilities a, people will revolt b, war. None of this solution is good :/ "government" cannot change the system and the system is sick, they know it and thats why are buying time with money printing(but it make it worse)...deflation will hit sooner or later and the more stronger and then suddenly comes hyperinflation "nice" double shot :/ scary scenario...btw in whole EU youngsters unemployment is slightly over 50% that is unsustainableSWalsh wrote:I read that Spain's unemployment rate is 49% for ages 25 and under. These are what true revolutions - not CHANGE - come from. Greece is just the first domino.KeiZai wrote:IMF: Expects Greek Debt Ratio To Hit 116.5% in 2020 and they see notable strengthening labor market in greece Todays unemployment rate : 20.7
They must be on crack same the market
BTW, as to the question I asked, under the Maastricht Treaty, if I understand it properly, Member States can print coins only WITH prior approval. So I don't think suitcases of $ 1 million Euros are fleeing the country as I don't think Greece prints a bill.
So as per this article http://tinyurl.com/7l5q46d The Bank of Greece is printing Euros to pay its bills. I'm not sure how they could do that but perhaps it's promissory notes in some fashion. Any way one looks at it, this is bad and not isolated that bills can't be paid. A hungry man can be readily made into a freedom fighter.
I just wait for the go signal, I am short term guy so thing can change on me in a second, my hunch, market is due for short term correction but no swing sell signal that I can call out. so more up side I guess.Just Trading wrote:BullBear,
Just for fun....what's your hunch. Thanks much!
possibly.wayne0708 wrote:Cobra: if AAPl closes here more down tomorrow?
thank you very much, i am understand.....btran874 wrote:Yes if you go by the rules of EWP. But who knows, what if 1389.97 is not wave 4 but in fact part of 3 still? If you read Cobra's report last night, you already have the road map for the next several weeks. Cobra uses the term fireworks which is AKA ending diagonal. Expect yo-yo market for the next several weeks. What I believe is this leg up from 1340.03 is part 1 of 5 parts.Fredwong wrote:If the 3rd< 1st ,the fifth wave will not be extension ? may be shorter than the 1st and 3rd?btran874 wrote:How you guys get 1st = 3rd?Fredwong wrote:if the first wave =the third wave ,the fifth wave will be extension and it will be the longest wave??TWT wrote:SPX: The fifth should be in progress. Max target = 1424.70
1st on TWT chart is 34.73
3rd on TWT chart is 32.73
That's a whole 2 points longer than 3. That is significant.
You fill in the blank.
Sorry for delay, just got out of meeting. Thanks again Al! You da man!Al_Dente wrote:CLARK NO EMOTION
NO EMOTION CHART
Here’s my latest NO EMOTION renko, “longer term” 4 u, 60 min renko with 60 cent bricks (boxes)
I swear to gaaad I don’t remember if I stole this one or made it up all by myselfffffff trial and error
I like it bcuz NO emotion, sorta…plus it works, sorta…
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =260522251
MOTH what a nice thing to say, thank u very much, I appreciate that more than u kno…
PS I learned how 2 share from the king snake u kno who
BARON von TVIX
Just make sure u read the prospectus
I don’t want u tradin’ stuff u don’t understand
[joke, joking only]
Thanks BB nice chart, love itBullBear52x wrote:This is a preview of what to come. the TVIX from a peanut gallery. there will be a price for this one.