Back to www.cobrasmarketview.com

05/04/2012 Live Update

User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/04/2012 Live Update

Post by Al_Dente »

THANK YOU COBRA AND ALL BOARDIES
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/04/2012 Live Update

Post by Cobra »

dr659 wrote:
Cobra wrote:well, guess that's it for today. not sure about the next Monday but normally, it should be a small range bar either green or red. Overall, a lower low ahead is almost guaranteed, most likely the next Monday (not saying Monday will close in red, it's lower low not lower close). Thank you guys, I'll see you the next Monday.
The weak close, Is better for the bulls no?
purely from the chart, no.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 05/04/2012 Live Update

Post by TraderGirl »

FXE at the bottom of triangle...
Attachments
Screen Shot 2012-05-04 at 1.08.50 PM.png
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/04/2012 Live Update

Post by Cobra »

wayne0708 wrote:
Cobra wrote:this consolidation until close generally is not good, although I'm neutral here (I don't want to risk my face to make another wild guess here.)
it's possible that price is consolidating in a rectangle before another led down I think.
Yes, very likely.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/04/2012 Live Update

Post by Cobra »

MrMiyagi wrote:What's the prize Cobra?
No prize, just feels good. :lol:

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
pcx
Posts: 3
Joined: Mon Nov 28, 2011 11:09 am

Re: 05/04/2012 Live Update

Post by pcx »

Cobra, you think the sunday elections in france and greece would have impact? and if the mkt opens with huge gap down, what is your read?
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/04/2012 Live Update

Post by Cobra »

pcx wrote:Cobra, you think the sunday elections in france and greece would have impact? and if the mkt opens with huge gap down, what is your read?
See my weekend report please. Thanks.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
pezhead9000
Posts: 380
Joined: Tue Feb 15, 2011 9:34 am
Contact:

Re: 05/04/2012 Live Update

Post by pezhead9000 »

4-May TRIN: constant upward trend
Attachments
trin-04-May-EOD.png
User avatar
SWalsh
Posts: 1266
Joined: Thu Dec 29, 2011 5:07 am

Re: 05/04/2012 Live Update

Post by SWalsh »

Petsamo wrote:Who's placing bets for a gap down?
Real late here, but I wouldn't buy this with my the money of my mortal enemy....my no good sister in-law? Yes, I'd put her in and tell her, "Barry ordered it so goose step to the the broker and put more money in, you ignorant slut"
"I told you...................bring me everyone"...http://www.youtube.com/watch?v=MrTsuvykUZk
TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 05/04/2012 Live Update

Post by TraderGirl »

Info on Silver. This is a guy who predicted an earthquake on the same day the Mexican Earthquake happened:

"There are a few silver harmonics approaching which could be candidates for another turn in silver, potentially ending the current bear cycle. On 5/3 there is a heliocentric Mars 72° cycle (Mars natal return)."

"On May 6 there is a full moon (Super Moon) near 36°, Sun near 72°. This is also near the Nasdaq 36° harmonic. Also on 5/6 there is a heliocentric Saturn-Venus conjunction near 18°, which is near gold's 72° so this could be important to both."

On May 1 he basically called a potential bottom in silver either May 3rd or the 6th. So far, May 3rd has represented a low.

Here is his site:
http://planetforecaster.blogspot.com/20 ... rs-36.html
Post Reply