Cobra's Market View

Cobra wrote:Could be another push up before the close, just a wild guess. And by the way, yes, the rebound is larger than that of yesterday.

hi Cobra,
Could you provide a live link to the 5 min stockchart? like the link below:
http://stockcharts.com/c-sc/sc?s=$SPX&p ... 918&r=3090
thanks

zebra wrote:

Cobra wrote:Could be another push up before the close, just a wild guess. And by the way, yes, the rebound is larger than that of yesterday.

hi Cobra,
Could you provide a live link to the 5 min stockchart? like the link below:
http://stockcharts.com/c-sc/sc?s=$SPX&p ... 918&r=3090
thanks

http://stockcharts.com/h-sc/ui?s=SPY&p= ... =147179272

OK, I guess, that's it, no push up at close but still it's possible the 1st leg down has completed here. After a rebound, I expect a 2nd leg down. Thank you guys, see you tomorrow.

Thought that I would post this chart.

Drew some elliott waves earlier and had some friends round for dinner so no trading today. Anyway, thought we may be completing 5 waves down so put an arrow where we might go.
Oh, ignore the red green arrows, doesn't represent anything, just didn't spot they were there. Was testing an idea that doesn't work.

Cobra wrote:

zebra wrote:

Cobra wrote:Could be another push up before the close, just a wild guess. And by the way, yes, the rebound is larger than that of yesterday.

hi Cobra,
Could you provide a live link to the 5 min stockchart? like the link below:
http://stockcharts.com/c-sc/sc?s=$SPX&p ... 918&r=3090
thanks

http://stockcharts.com/h-sc/ui?s=SPY&p= ... =147179272

thanks!
but the link does not work..

RUT
Bear porn.
http://99ercharts.blogspot.com/2011/02/rut_24.html

Looking like Cobra is holding SDS overnight.

99er wrote:RUT
Bear porn.
http://99ercharts.blogspot.com/2011/02/rut_24.html

thanks
illegal in 48 states kind of porn

[/quote]hi Cobra,
Could you provide a live link to the 5 min stockchart? like the link below:
http://stockcharts.com/c-sc/sc?s=$SPX&p ... 918&r=3090
thanks[/quote]

http://stockcharts.com/h-sc/ui?s=SPY&p= ... =147179272[/quote]

thanks!
but the link does not work..[/quote]

Try this: (replace "h-sc/ui" with "c-sc/sc"). If the link doesn't work, open any chart in stockcharts then cut/paste the url below and refresh

http://stockcharts.com/c-sc/sc?s=SPY&p= ... =147179272

Market continues to be bearish but i must say I didn't like the 15 points rally in SPX at the end of the day. This should remind bears that this whole correction is due to to the price of the oil and it may turn around over night.

http://babaro22.blogspot.com/

ES
Target 1274
http://99ercharts.blogspot.com/2011/02/es_25.html

up up and away...spx needs to clear 1332ish to confirm resumption of uptrend but it's looking like up is the stuff until june.

dow bounced right off channel on cue.