Cobra's Market View

we are here.

PAGING MR MIYAGI

Al D-why am I feeling like that duck? 'O style lunchwith champagne and heur d'oeuvres. on PM's. just Uemp style wild guessing. Last DOW down gold up. new game is it's in the ring with the dixie now, it seems. Dixie in range (so far) .7981 and .8060ish. I thunk that thus GC in range until dixie finally breaks down which I thiunk it will. Tried fibfans and retracements till my brain about crashed and I did not Wanna believe the $1263 by 14 Oct nor the 100% $1217 by Oct 27. Well, it's not been a perfect dixie comparison....ps, God is on gold's side
black is dixie.

Cobra wrote:we are here.

IH&S forming?

another gap filled.. and H&S target tagged today too. SPX 15m

we're here. no confidence so don't follow.

The new $100 bills is winning so far.

Auole wrote:Al D-why am I feeling like that duck? 'O style lunchwith champagne and heur d'oeuvres. on PM's. just Uemp style wild guessing. Last DOW down gold up. new game is it's in the ring with the dixie now, it seems. Dixie in range (so far) .7981 and .8060ish. I thunk that thus GC in range until dixie finally breaks down which I thiunk it will. Tried fibfans and retracements till my brain about crashed and I did not Wanna believe the $1263 by 14 Oct nor the 100% $1217 by Oct 27. Well, it's not been a perfect dixie comparison....ps, God is on gold's side
black is dixie.

GC2hrDX0oct13.png

boss what is the black "dixie"

SPX 5m... possible invs H&S .. needs to hold RS + break neckline and hold.. otherwise just a bear flag looking for lower levels..

Obama doesn't know what is the job of the FED beside printing money

OK enough fun on Obama, I like the guy.

Intraday = buy the dip

goes as expected but not strong enough, so might be another rebound which should not make a new day high.

200MA 4-hour TF

BullBear52x wrote:Obama doesn't know what is the job of the FED beside printing money

Fear not, the Fed doesn't even know what the job of the Fed is.

we're here.

I would not be surprised to see a red Thursday and Friday to send the NYMO to -80, -100 and set up a rebound next shortened week into earnings.

No indiv moving average has special magical significance, but since there's been alot of chatter about it recently on the blogosphere, SPY is defending the 100day MA right now, after having straddled below it earlier and closed on it yest.

goes as expected. breakdown would be double top.