Cobra's Market View

another hammer SPX 60m bounce off the bottom channel

fib info. this rebound may have legs, although NORMALLY it should fail eventually.

They're gonna gap up Germany again. So Germany gets to determine whether we rise or continue falling.

Petsamo wrote:They're gonna gap up Germany again. So Germany gets to determine whether we rise or continue falling.

The Fourth Reich?

A Bear Tech ETF: TECS

still think this rebound has legs (55% chances). tinted area the target, assume the pullback low was in here.

Here's an interesting read on how the market has performed during the highest and lowest top marginal tax rate, high vs. lowest dividend tax rate and spending cuts vs. previous year (only 5 of this since 1950). No political on my part, just find it as a unique article

http://www.minyanville.com/business-new ... um=portals

Is there a second leg down?

Cobra wrote:still think this rebound has legs (55% chances). tinted area the target, assume the pullback low was in here.

Mother of all Supports?

At least, a very good one...

Me XMan wrote:Is there a second leg down?

Cobra wrote:still think this rebound has legs (55% chances). tinted area the target, assume the pullback low was in here.

you bet.

MrMiyagi wrote:

Petsamo wrote:They're gonna gap up Germany again. So Germany gets to determine whether we rise or continue falling.

The Fourth Reich?

They're the leader of Europe again, saving the PIIGS.

MrMiyagi wrote:Mother of all Supports?

Mr Miyagi,
What was your P Bar for IWM from few days ago or maybe couple days ago? $82.40?

TZA....

They're going to test 200MA and bounce no doubts here.

MrMiyagi wrote:Mother of all Supports?

Legalized Marijuana in Colorado....

TraderGirl wrote:Legalized Marijuana in Colorado....

The Denver Nuggets and Broncos will be THE team to play for in the NBA and NFL by many

Now we've got bunch of stoned people walking around like zombies.
Maybe they're looking for brownies.

TraderGirl wrote:Legalized Marijuana in Colorado....

H2 long here? Not sure.

ClarkW wrote:

TraderGirl wrote:Legalized Marijuana in Colorado....

The Denver Nuggets and Broncos will be THE team to play for in the NBA and NFL by many

Denver Nuggets will take on a whole new meaning...