02/15/2013 Live Update

[Xian]

look how many breakouts this week. Cannot believe people are not interested in my weekly stock picks.

Are you kidding me??? I have a wife, two kids and a mortgage that are Very Interested.

Can't thank you enough Cobie.

Thank you.

Only one wife?

co-ask. Really only one wife?

Bad enough my afternoons are spent negotiating pedestrian traffic filled with bikini clad girls carrying surfboards and trophy wives in yoga pants.... you guys are going to get me in trouble!

[quientuves]

the reason I think people are not interested is we have thousands of daily readers here but for the weekly stock scans, only less than 500 visits every week, so I think most people are not interested.

Cobra I guess we come here everyday, but we go there one or twice weekly to see your recomendations and then wait for performance. So I don't think it's lack of interest. Simply, we find no need to go there as often as here.

[edwindes]

Thanks Al, understood

PAGING ED:
U r right
But the volume sticks (one min only) were red which means they were on a downtick which means bear bias
btw for reference: a ONE million share volume stick is a lot of volume for one min
20, then 13, then more RED sell volume sticks are HUMOUNGOUS
To repeat: one min, intraday only
thx

[Al_Dente]

http://www.youtube.com/watch?v=ExH7h9Lk5HY

[Cobra]

1st target met.

[skittlesmds]

1st target met.

Nailed it again, Cobra! Year of the COBRA!

[Al_Dente]

Thanks Al, understood

PAGING ED:
U r right
But the volume sticks (one min only) were red which means they were on a downtick which means bear bias
btw for reference: a ONE million share volume stick is a lot of volume for one min
20, then 13, then more RED sell volume sticks are HUMOUNGOUS
To repeat: one min, intraday only
thx

u r welc
giant red vol sticks = just toooo much selling for buyers to absorb
can change quickly if bears start covering-shorts to take profits..... not just yet....

[knock]

bounce from here?

[Cobra]

members only update at 12:24 pm
http://www.cobrasmarketview.com/2013/02 ... ay-update/

[BigChief]

1st target met.

Nailed it again, Cobra! Year of the COBRA!

Great job Cobra! No pressure, but I just found out I am having a baby, thanks for all your good work!

[gappy]

nadx.png

http://www.youtube.com/watch?v=RKsMVxhdc5k

[Cobra]

this bear may have legs.

[uempel]

the reason I think people are not interested is we have thousands of daily readers here but for the weekly stock scans, only less than 500 visits every week, so I think most people are not interested.

Cobra I guess we come here everyday, but we go there one or twice weekly to see your recomendations and then wait for performance. So I don't think it's lack of interest. Simply, we find no need to go there as often as here.

Be patient Cobra. You might have to keep on for a year until more visitors are aware and see the potential. By the way, businesses need a "second leg" and these scans might be a second leg for you, eventually.

SPX update here:

[Al_Dente]

Look what that fiasco did to my “equivolume” price and volume sticks
Never seen it that extreme before, but I’ve only been using “equivolume” ChartStyle 5min for a few months

[Cobra]

1st target met.

Nailed it again, Cobra! Year of the COBRA!

Great job Cobra! No pressure, but I just found out I am having a baby, thanks for all your good work!

You have a baby, for real? Wow, congratulations!

Those who have no kids cannot imagine the happiness of having kids. I cannot do enough just to put a smile to my daughter's face.

[TWT]

$SPX: I still consider the pattern off today´s hod the wave (B)

[Xian]

I posted a week or two ago about the wall of call OI on the SPY @ 152. This isn't chest-beating. Hardly. I'm curious why this OI theory doesn't get more attention? Is it that this is a TA board or is the OI theory just B.S. that happened to be right this week/month?

To my simple mind the idea makes sense. A quarter million calls resting at 152, expiring today, are gonig to cause some selling pressure and explains why we've been just sitting here the last couple of days.

If there are any bulls left who are not yet in (or dip buyers), it seems in the afternoon, after all those calls close up, we could see a move higher— IF the appitite is still there. (Not predicting a move up. NOT AT ALL. No prediction. No bet. Just curious about this OI stuff)

Thanks in advance for any insights.

[Xian]

1st target met.

Nailed it again, Cobra! Year of the COBRA!

Great job Cobra! No pressure, but I just found out I am having a baby, thanks for all your good work!

Hey, congratulations!

[BigChief]

1st target met.

Nailed it again, Cobra! Year of the COBRA!

Great job Cobra! No pressure, but I just found out I am having a baby, thanks for all your good work!

You have a baby, for real? Wow, congratulations!

Those who have no kids cannot imagine the happiness of having kids. I cannot do enough just to put a smile to my daughter's face.

I really can't wait, not wise like the Cobra yet , but thanks I appreciate it, we have been blessed!

[TraderJoe]

I posted a week or two ago about the wall of call OI on the SPY @ 152. This isn't chest-beating. Hardly. I'm curious why this OI theory doesn't get more attention? Is it that this is a TA board or is the OI theory just B.S. that happened to be right this week/month?

To my simple mind the idea makes sense. A quarter million calls resting at 152, expiring today, are gonig to cause some selling pressure and explains why we've been just sitting here the last couple of days.

If there are any bulls left who are not yet in (or dip buyers), it seems in the afternoon, after all those calls close up, we could see a move higher— IF the appitite is still there. (Not predicting a move up. NOT AT ALL. No prediction. No bet. Just curious about this OI stuff)

Thanks in advance for any insights.

There was more 150 puts than 152calls