11/29/2012 Live Update

[Cobra]

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Gap up above yesterday's high so the gap might not be filled.

The current 2nd leg up on Global ES still looks fresh and strong therefore this bull has legs. I believe it may challenge the previous high at 1430ish.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2012/11 ... ay-update/

[Claudio.dicorato]

Hi cobra, you see a possible open to blue line and then up?

[gappy]

Hi cobra, you see a possible open to blue line and then up?

Welcome Claudio. As Cobra indicated, market will open 1414 and rise. Check that: 1412. Good luck.

[TradersF]

Hi!

Following on from yesterday. Yes i was stopped out and took the loss. My signal late in the day turn up to give a buy signal ( long TNA @ 55,53 ).
As you can see on the chart it was right up at resistance. I trade with my head,' my signal i follow,' and TNA broke up and out and is set to open @ 57.70ish.

Lessen from yesterday, take hits as they come as no trading strategy is perfect, and follow your trading rules.

Good luck today to all

[Cobra]

Hi cobra, you see a possible open to blue line and then up?

Welcome aboard!

Futures decide how SPY opens, so it's already opened above the blue line.

[Cobra]

the open.

[Al_Dente]

Nyadv >2100 right out of the gate

[Al_Dente]

That is an all time high on XIV

[Harapa]

That is an all time high on XIV

This bull has legs

[Cobra]

members only update at 9:49am
http://www.cobrasmarketview.com/2012/11 ... ay-update/

[Xian]

Good morning Cobra,

any TA reason for the big gap in AAPL this morning? I understand the reason behind "buy above $592" (been waiting for it to clear this hurdle— though with OI on the weeklies don't know if it'll hold). But why the big gap?

Don't see any AAPL specific news: iTunes 11? Pulll-ease. People dancing on Forstall's grave? no. That piece in WSJ? Doubt it. So I'm looking at something I may be missing in TA.

Unloading most all my overnight naked calls this am. (leave a small runner with a 590 stop) Shoot first, make money, ask questions later. (Downside means that for sure, no doubt about it, guaranteed gap 'n go today)

Thanks in advance for any insight. (Should I be asking this in member's area?)

[Mr. T]

"We;re never going down again!!!!!!"




Miyagi's P-Bar to SPX 1600 should show up today (i wish).

[uempel]

A good-bye kiss is a possibility

[gappy]

drunk.jpg

"We;re never going down again!!!!!!"




Miyagi's P-Bar to SPX 1600 should show up today (i wish).

[Harapa]

A good-bye kiss is a possibility

ii.png

VIXies don't think so.

[Al_Dente]

That is an all time high on XIV

This bull has legs

XIV is only 2 years old
WEEKLY

[Cobra]

nothing to say. consolidation here instead of a pullback is not bad for bulls.

[TraderGirl]

Been long, waiting for a pullback to add , but yesterday must have been it, and I missed the boat...but thinking of taking some profits here because I can't deny the negative divergences I am seeing on this move up and tomorrow is a turn day with negative aspects, so we will see...

[Xian]

Well, that's that. Stopped out.