Cobra's Market View

Mr. T wrote:Is it nap time or something???

All overseas markets rallied from their open, so watch for the rally.

ClarkW wrote:Sold some DUST 1.5 hours ago because going into meeting and didn't want GDX to ramp up, now I see she's at -3.56%, holy smokes. Regret for selling out but one would have to think a bounce is near, right?

GDX decent support at 50
Inverted dollar says no bounce quite yet.... but GDX selling volume is drying up a bit ....

Curious how others would view this chart. EXPE Daily: Is it a bullish breakout OR about to kiss the channel is broke down out of before heading lower? Looks like it could go either way to me

Al_Dente wrote:RH
ipo
“Restoration Hardware climbs in public debut”
http://finance.yahoo.com/news/restorati ... 7.html?l=1

Al, love how retro you are. Forgot all about this place since my family and I left San Francisco for the pasty white heat of So Cal.

No offense to any longs, but I don't need a $230 laundry hamper:

http://www.restorationhardware.com/cata ... cat1624014

For retro Al:

http://www.youtube.com/watch?v=HyeUQfNE ... ults_video

Al_Dente wrote:

ClarkW wrote:Sold some DUST 1.5 hours ago because going into meeting and didn't want GDX to ramp up, now I see she's at -3.56%, holy smokes. Regret for selling out but one would have to think a bounce is near, right?

GDX decent support at 50
Inverted dollar says no bounce quite yet.... but GDX selling volume is drying up a bit ....

112gdx30.png

Thanks for sharing Al! Don't know if I told you but big fan of your swing chart on GDX using moving average on $BPGDM. Great stuff

Guys, I'm off. I don't believe there will be a good move today, and most of all I'm tired. We saw the new 007 movie last night and we went to bed real late

uempel wrote:Guys, I'm off. I don't believe there will be a good move today, and most of all I'm tired. We saw the new 007 movie last night and we went to bed real late

79.png

Thanks for the charts Uempel, great stuff!

I would say the traders are waiting to pull the plug after election.
Doesn't matter who wins. My EOY target for SPX is 1350.

KENA wrote:The Institutional Holding Index is shaping up like last April-May area where the mkt could be on verg of a sharp dn turn after this next up move fails.We will just have to wait and see.

inst%20congestion.png

Xian wrote:

Al_Dente wrote:RH
ipo
“Restoration Hardware climbs in public debut”
http://finance.yahoo.com/news/restorati ... 7.html?l=1

Al, love how retro you are. Forgot all about this place since my family and I left San Francisco for the pasty white heat of So Cal.
No offense to any longs, but I don't need a $230 laundry hamper:
http://www.restorationhardware.com/cata ... cat1624014[/quote]
xian
I sooooooo need that hamper
thanks for mel......luv it

Fireworks about to start?

Me XMan wrote:Fireworks about to start?

Yes

Maybe some support coming soon for NATGAS vai /NG. /NG hourly showing 61.8% at $3.545 plus channel line

Sold some KOLD

ClarkW wrote:

Al_Dente wrote:

ClarkW wrote:Sold some DUST 1.5 hours ago because going into meeting and didn't want GDX to ramp up, now I see she's at -3.56%, holy smokes. Regret for selling out but one would have to think a bounce is near, right?

GDX decent support at 50
Inverted dollar says no bounce quite yet.... but GDX selling volume is drying up a bit ....

The attachment 112gdx30.png is no longer available

Thanks for sharing Al! Don't know if I told you but big fan of your swing chart on GDX using moving average on $BPGDM. Great stuff

Thx clark luv u too
Here’s miners renko 5min, still on sell, this might/will be the first one to scream when she bounces

ClarkW wrote:

uempel wrote:Guys, I'm off. I don't believe there will be a good move today, and most of all I'm tired. We saw the new 007 movie last night and we went to bed real late

79.png

Thanks for the charts Uempel, great stuff!

Very welcome ClarkW

ClarkW wrote:Sold some DUST 1.5 hours ago because going into meeting and didn't want GDX to ramp up, now I see she's at -3.56%, holy smokes. Regret for selling out but one would have to think a bounce is near, right?

When I said earlier I was glad I didn't go long GDX I almost said it looked like it wanted to retrace back to 50 but thought there was no way it could do that today. However I see the low so far is 50.14. Wow big move!

Me XMan wrote:Fireworks about to start?

Trend strength declines.

SPX 5m careful...

failed here would be bad, because it's the 2nd test of the rebound high.

PAGING XIAN
You decide:
George’s aunt: http://www.youtube.com/watch?v=V0Go8Xep ... re=related
or Bernadette : http://www.youtube.com/watch?v=u46-lrkJ ... re=related