02/27/2014 Live Update

[Cobra]

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The selling was bought aggressively, so no real bear attack yet, the chart is actually up biased.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/02 ... ay-update/

[koolblue]

good morning all! Missed a great scalp earlier, but there will be plenty more! I'LL probably chill till Janet yaks..

[gappy]

Vote Cobra. Hightower;

fx.PNG

glta

[uempel]

Long term view of SPX at 1850 end of February 2014. I consider it unlikely that SPX shoots much higher unless Yellen promises to stop tapering or something else like that happens. More likely that market participants will seek an excuse (like Putin's stand in Ukraine, growth in China, emerging markets) to offload equities..

[koolblue]

A look at what to expect the next couple weeks? From stock traders almanac...."March packs a rather busy docket. It is the end of the first quarter, which brings with it Triple Witching and an abundance of portfolio maneuvers from The Street. March Triple-Witching Weeks have been quite bullish in recent years. But the week after is the exact opposite, DJIA down 17 of the last 26 years—and frequently down sharply for an average drop of 0.4%. Notable gains during the week after for DJIA of 4.9% in 2000, 3.1% in 2007, 6.8% in 2009, and 3.1% in 2011 are the rare exceptions to this historically poor performing time frame....Normally a decent performing market month, March performs even better in midterm election years (see Vital Statistics table below). In midterm years March ranks: 4th best for DJIA and S&P 500 (October, November and December are better); and 3rd best for NASDAQ, Russell 1000 and Russell 2000 (October and November are better). Midterm March has produced solid gains across all five indices over the past four midterm years (2010, 2006, 2002 and 1998)."

[BullBear52x]

Sell first.

[fehro]

SPX 15m

[uempel]

Update SPX:

[fehro]

VIX 15m, Daily ... tagging 50d/200d

[Cobra]

looks like another boring range day.

[BullBear52x]

If Aunt Yellen misspoke GLD will gap up to far far far away land. or sorry GOLD bugs right here.

[BullBear52x]

If money will move out of US equities more time than not they will end up in EEM or FXI. I see a green shoot on these guys now.

[Al_Dente]

janet soon
http://www.c-span.org/video/?318016-1/h ... ic-outlook

[Al_Dente]

If money will move out of US equities more time than not they will end up in EEM or FXI. I see a green shoot on these guys now.

ditto

[rhight]

1840 SPX to break soon? support 1835, 1825 ; FX , bonds, vix leaning that direction (it would seem) ; 1840 being supported so far

[BullBear52x]

GDX and GLD from it is what it is dept. Buy until it fails.

new buy.

[Nrsimha]

If Aunt Yellen misspoke GLD will gap up to far far far away land. or sorry GOLD bugs right here.

Actually, if you were truly a GOLD bug, you would know to buy at the end of March, not at the end of February.

http://www.zealllc.com/2011/goldseas6.htm

[uempel]

I always had a certain respect for Tom DeMark, mainly due to his client list.

But hey, we might be just as good as DeMark. We all knew about support SPX 1735ish a few weeks ago (as did DeMark). And we all know that 1880 is significant - and now DeMark tells the trading community that the market could go up to 1885 in March. Hey Mr. DeMark, all of us know that. If you would visit Cobra's forum you would see that certain pivots are common knowledge.

And guess who goes to Mr. Demark to hear about support 1737 and resistance 1885? Who - yes, it's Stevie Cohen. How much does he pay DeMark to learn about 1737 and 1885? And why doesn't Stevie Cohen log into Cobra's forum?

Cobra - do you have a member by the name of Stevie Cohen

[Nrsimha]

Well, folks, the jury is IN on Janet Yellen.

Verdict ----------------------- > NO CONFIDENCE




http://www.youtube.com/watch?v=FONN-0uoTHI