Cobra's Market View

stockcharts.com

Cobra wrote:

L_T wrote:

Cobra wrote:VIX collapsed.
https://stockcharts.com/public/1684859/ ... /122111957;

Anyone have any stats for when VIX is either this low or deflates this fast? Just curious.

used to be very bullish for stocks but failed in July 2011 case. The chart below tested in July 2011, right before it failed. But you know 1 case failure doesn't change the past odds.

http://lh4.ggpht.com/-z7zbhgZ6Ax4/Tg_Po ... 25255D.png

Very interesting thanks.

still consolidating, so still bullish biased.

What if it comes back right away next Monday? I might get burnt.

gap up wrote:

ellenlin wrote:Gap up: If so, I need to get out now.

Sell calls.

Ah my first trading day became very boring

here are random two stocks I am keeping an eye for some time, if anyone have thoughts please share - slow day

GEN, looks like 5w structure so more to come OSTK, older chart played this last year as well but looks good into 2013
Something happend to euro

SPX: No ED instead a potential Triangle should complete the assumed wave (B)

ellenlin wrote:What if it comes back right away next Monday? I might get burnt.

gap up wrote:

ellenlin wrote:Gap up: If so, I need to get out now.

Sell calls.

I think earnings will pop it some and if you want take profits, then would do it. Never played it myself, but waiting for Cobra bottom call.

Dollar index stoppped at 161.8 as I thought but it still can be just the wave 4 and then higher to 81.17
Morning bigger chart : viewtopic.php?f=2&t=784&p=112122#p112122

volatility MA ribbons

Yeap it's slow day lets share some thought, here's AAPL today LOD is the last buy the dip for da bulls short term swing set up, because of bearish crossed next rip will be sold. Daily, who in their right mind will hold onto this well actually the B% here is at last stand also, weak but not out.

RUT weekly over extended above BBands...

http://www.youtube.com/watch?v=GeKytl5lHNA

MrMiyagi wrote:

Cobra wrote:stockcharts stopped working now.

Even for paying members like you?
Tsk tsk tsk.. terrible..

Hummm, It isn't only me.

maybe ascending triangle is more appropriate.

NEW YORK, Jan 4 (Reuters) - Investors poured $5.06 billion into stock funds worldwide in the latest week, as the appetite for risk rose after U.S. lawmakers cobbled together a last-minute tax deal that avoided the worst of the so-called fiscal cliff, data from EPFR Global showed on Friday.

Funds that hold emerging market stocks attracted $3.37 billion of the net $5.06 billion taken in by all stock funds in the week ended Jan. 2, the fund-tracking firm said. Funds that hold U.S. stocks, by comparison, attracted $706 million.

I see spy intraday rising wedge here, we might get sell off at the last half hour.

gold looks promising here if it can hold until close. volume surge is a sure thing now.
https://stockcharts.com/public/1684859/ ... /124844123;

Mr Miyagi?

BullBear52x wrote:Yeap it's slow day lets share some thought, here's AAPL today LOD is the last buy the dip for da bulls short term swing set up, because of bearish crossed next rip will be sold.

The attachment 1.JPG is no longer available

Daily, who in their right mind will hold onto this well actually the B% here is at last stand also, weak but not out.

The attachment 2.JPG is no longer available

Agree, potential wedge is forming there so later will likely bounce bigger but imo this bounce will be sold as well, but if gets to 470 I think I will buy it for swing

Al_Dente wrote:Mr Miyagi?

!!!!!!!POWER HOUR!!!!!!!