11/23/2012 Live Update

[MrMiyagi]

Didn't realize markets closing early today... !!POWER LAST 12 MINUTES!!

[Petsamo]

It looks like we continue up, until Europe no longer wants to play

[Mr. T]

Power 12min?!?!?!? I thought it was roadkill hooked up to a fallen powerline.

lol

[Al_Dente]

COBRA
I’m worried that this thread will upset you and you will stop posting trades in the “members only” section.
FOR ME, YOUR POSTING TRADES in members only IS INCREDIBLY VALUABLE AND I VERY MUCH WANT YOU TO CONTINUE DOING SO (IN CAPS).

I also thank you for having the “ignore / foe” function, which I use regularly…

[Cobra]

members only update at 12:53 pm
http://www.cobrasmarketview.com/2012/11 ... ay-update/

[Cobra]

well, guess that's it for today. very strong day so I need dig a little to see if I can find anything suspicious , thank you guys, I'll see you TOMORROW.

Before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp

[Cobra]

COBRA
I’m worried that this thread will upset you and you will stop posting trades in the “members only” section.
FOR ME, YOUR POSTING TRADES in members only IS INCREDIBLY VALUABLE AND I VERY MUCH WANT YOU TO CONTINUE DOING SO (IN CAPS).

I also thank you for having the “ignore / foe” function, which I use regularly…

don't worry, I'll post everything as usual, will improve a little by a little. And adding more services.

if one day I can do the most perfect trade anytime, I'd then stop posting because I'd be the richest ever by then. So no worry, I think chances are not good for me to trade perfectly.

IN THE STOCK MARKET TRADING, I AM ALWAYS WRONG. There's simply never a perfect trade I can make.

[StudentBill]

well, guess that's it for today. very strong day so I need dig a little to see if I can find anything suspicious , thank you guys, I'll see you TOMORROW.

Before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp

I'm sure you'll find something. Time to vote.

[MrMiyagi]

Well now, that WAS a power 12 minutes!!

[MrMiyagi]

Canadian markets still running by the way, show's not over.

[olivaresf]

COBRA
I’m worried that this thread will upset you and you will stop posting trades in the “members only” section.
FOR ME, YOUR POSTING TRADES in members only IS INCREDIBLY VALUABLE AND I VERY MUCH WANT YOU TO CONTINUE DOING SO (IN CAPS).

I also thank you for having the “ignore / foe” function, which I use regularly…

Just wanted to double down on this. For me, your members-only update is incredibly valuable. VALUABLE! I AM NOT AFRAID TO USE CAPS EITHER!

Keep it up!

[Cobra]

COBRA
I’m worried that this thread will upset you and you will stop posting trades in the “members only” section.
FOR ME, YOUR POSTING TRADES in members only IS INCREDIBLY VALUABLE AND I VERY MUCH WANT YOU TO CONTINUE DOING SO (IN CAPS).

I also thank you for having the “ignore / foe” function, which I use regularly…

Just wanted to double down on this. For me, your members-only update is incredibly valuable. VALUABLE! I AM NOT AFRAID TO USE CAPS EITHER!

Keep it up!

Thanks.

[Bman69]

Hey Cobra,
Don't post much but if you can incorporate your thoughts on SPY being up 5 days in a row with 5 days declining volume are there any stats that pullback is near?
thanks

[Cobra]

Hey Cobra,
Don't post much but if you can incorporate your thoughts on SPY being up 5 days in a row with 5 days declining volume are there any stats that pullback is near?
thanks

The setup posted here still is valid. http://www.cobrasmarketview.com/2012/11 ... g-signals/ Just don't forget, some times it took up to 6 more trading days to work, so that's up to 11/29.

[Cobra]

again, here's how Canadians predict the SPY from 1pm to 4pm after US closed. looks holding well.

[stingrey]

It may keep going up...but, sold my long 769 RUT position at 807 today...hopefully, get a chance to buy back soon at a lower price...we'll see...glta

[daytradingES]

'' I HOLD.....M.

Please stop with the all caps.
It is insulting to everyone on the board.
I shows contempt for us that you can't be bothered to use your keyboard shift key

Even for a novice you should know that all caps is rude.

[daytradingES]

ALWAYS beware of people who type in ALL CAPS.

Exactly.

[Royal Flush]

possible top? 1402.25
(140.87 spy)

I note that XIV is not participating in this rally. My intraday NYMO is outside the upper BB. If it closes there it means the latest possible market high is Tuesday's open because regardless of wether Tuesday's open is gap up or down I have yet to see the NYMO remain outside the BB for more than 2 days.

Hi RF,

I follow the first part about outside the BB and it doesn't stay there long, why couldn't it come back into to band on Monday?

So that is, why couldn't this be a top?

DT

Hi DT,

This could be a top, saying "latest possible market high" does not preclude a top in the interim.

[Heck]

OT:

Lincoln packed theaters since opening.
May be movie for the times and year...

You see the new Lincoln movie? Looks amazing, have to see it soon

Yes and yes.