Cobra's Market View

BullBear,, are you bullish around here?

Double bottom or LL intraday to be good buy able, now that I can see Pos D build up but not until new low or DB

Not sure about SPY regaining 140$ range today. Just does not feel strong.

kamukak wrote:BullBear,, are you bullish around here?

if you really want to buy SPY wait for double bottom or a trade above 139.83

victorm wrote:

Cobra wrote:you bet I'd say the big picture would go like this:

D'u mean 3pm buy can be a trap?

the chart is not for today, we might have strong close again today, my guess of course.

market getting stronger. i don't think my 1392 line will hold for too long. 94-95 area shd be no problem. maybe i shd long at 1:30
cobra, i checked my brokers. 1394 was printed around 1130-11:40 time frame

uempel wrote:

SWalsh wrote:

Mr. BachNut wrote:

SWalsh wrote:

uempel wrote:Check the signal:

20.png

Do you have a little of Terry Laundry's T-Theory going in there too, or is it just a coincidence?

It nailed the high yesterday.

Interesting point SWalsh! The ellipses do seem to be illuminating symmetries in the price action to identify time points. The ellipses seem like they may be richer than Ts in so far as they are often shaped by more data points than Ts. They also look cool...

I'd like to see that they are not the same, but when they line-up together, really signal a turning point

SWalsh, pls explain

My message missed your saying it was essentially looking at Ts also. I was hoping it was completely independent and that when the Ts drawn and your charts lined up, HIGHLY probable trades occurred. But we are essentially doing similar things.

Different topic:
Marc Faber is on a radio show saying Bernanke will not enter QE3 until we decline 10% as there is no reason to push it here.

In the 1920s the bubble was caused by the Fed's window lending to brokers. So they caused it openly then.

He says Bernanke wanted housing to turn up more than the stock market but the money has not gone to the American people, but to the bankers. And now they have created an unfavorable economic system.

soku wrote:market getting stronger. i don't think my 1392 line will hold for too long. 94-95 area shd be no problem. maybe i shd long at 1:30
cobra, i checked my brokers. 1394 was printed around 1130-11:40 time frame

I think I need a new data feeder. IB sucks.

Anyone used kinetick.com as data feeder? how about it?

Look here Cobra: http://www.ninjatrader.com/partners Amp and Mirus futures are praised on forums they work very well with ninja. Try a demo.
I think they provide tick by tick feed, IB only a 0.3 sec feed.

SWalsh wrote:

uempel wrote:

SWalsh wrote:

uempel wrote:
Do you have a little of Terry Laundry's T-Theory going in there too, or is it just a coincidence?

It nailed the high yesterday.

Different topic:
Marc Faber is on a radio show saying Bernanke will not enter QE3 until we decline 10% as there is no reason to push it here.

In the 1920s the bubble was caused by the Fed's window lending to brokers. So they caused it openly then.

He says Bernanke wanted housing to turn up more than the stock market but the money has not gone to the American people, but to the bankers. And now they have created an unfavorable economic system.

[/quote]

yeah, I know uncle Ben really mean well for the money to be spent, but JPM, BAC, C, and GS have different plan in mind.

tomsky wrote:http://www.ninjatrader.com/partners Amp and Mirus futures are praised on forums they work very well with ninja. Try a demo.
I think they provide tick by tick feed, IB only a 0.3 sec feed.

thanks but I don't want another brokerage. I just want a data feeder, that's all.

Cobra wrote:

victorm wrote:

Cobra wrote:you bet I'd say the big picture would go like this:

D'u mean 3pm buy can be a trap?

the chart is not for today, we might have strong close again today, my guess of course.

Cobra, when will we see the surge? How often does double bottom like this work out? Thanks.

Cobra, i used them only for feed, they have this option.
http://www.mirusfutures.com/zen-fire_ni ... mo_account
http://www.ampfutures.com/ninjatrader_zen.php

not a good bar I'd like to see for bulls. the rebound is weaker than I thought.

Bigger picture:

noob wrote:

Cobra wrote:

victorm wrote:

Cobra wrote:you bet I'd say the big picture would go like this:

D'u mean 3pm buy can be a trap?

the chart is not for today, we might have strong close again today, my guess of course.

Cobra, when will we see the surge? How often does double bottom like this work out? Thanks.

first of all, the double bottom hasn't confirmed yet.

If it confirmed, double bottom usually is reliable.

tomsky wrote:Cobra, i used them only for feed, they have this option.
http://www.mirusfutures.com/zen-fire_ni ... mo_account
http://www.ampfutures.com/ninjatrader_zen.php

Thanks, I'll check. How long is the minute date they have? Can it be 2 years?

Cobra wrote:

noob wrote:

Cobra wrote:

victorm wrote:

Cobra wrote:you bet I'd say the big picture would go like this:

D'u mean 3pm buy can be a trap?

the chart is not for today, we might have strong close again today, my guess of course.

Cobra, when will we see the surge? How often does double bottom like this work out? Thanks.

first of all, the double bottom hasn't confirmed yet.

If it confirmed, double bottom usually is reliable.

Thanks, 1394 es to confirm.

Actualy the data provider is zenfire, i forgot. Unfortunately they don't have historical data, u have to get them from another place. Back then i used IB for old data and zenfire for real time charts.