Cobra's Market View

I will be really disappoint with the bears if we can not close below 146.61 today

BullBear52x wrote:I will be really disappoint with the bears if we can not close below 146.61 today

Bears are in hibernation.

skittlesmds wrote:

KeiZai wrote:And in Dell, what happened?

Rumor about going private.

then why HPQ and INTC are exciting along with it?

I think bears got something under his sleeves Neg. D here come bears come to dada.

Top 9 QQQ stocks = >50% of the QQQ
amzn is colored red

BullBear52x wrote:

skittlesmds wrote:

KeiZai wrote:And in Dell, what happened?

Rumor about going private.

then why HPQ and INTC are exciting along with it?

Irrational exuberance or sympathy because they had moves that coincide with the news about Dell.

BullBear52x wrote:

KeiZai wrote:And in Dell, what happened?

they move money from AAPL to tech stocks just to save the technology index? rotation?

Hopefully I am still in HPQ want it to hold for years, but looks toppy might will have to hedge it soon this squeeze looks like blow off although divergence is missing

viewtopic.php?f=2&t=747&p=106533#p106533

inverse HnS/cupandhandle have target little bit higher, but sentiment is getting overly bullish here

AAPL also on top of the Buying On Weakness list.

KeiZai wrote:

BullBear52x wrote:

KeiZai wrote:And in Dell, what happened?

they move money from AAPL to tech stocks just to save the technology index? rotation?

Hopefully I am still in HPQ want it to hold for years, but looks toppy might will have to hedge it soon this squeeze looks like blow off although divergence is missing

viewtopic.php?f=2&t=747&p=106533#p106533

inverse HnS/cupandhandle have target little bit higher, but sentiment is getting overly bullish here

The attachment HPQ.png is no longer available

it's toppy just like everything else in longer term, I don't see more than 2% up room on the index.

OK, I'm back, faster than I thought. And indeed it's bullish biased. It's not a strong up though, so I'd be more than happy if it could reach the 100% MM target.

KeiZai wrote:

BullBear52x wrote:

KeiZai wrote:And in Dell, what happened?

they move money from AAPL to tech stocks just to save the technology index? rotation?

Hopefully I am still in HPQ want it to hold for years, but looks toppy might will have to hedge it soon this squeeze looks like blow off although divergence is missing

viewtopic.php?f=2&t=747&p=106533#p106533

inverse HnS/cupandhandle have target little bit higher, but sentiment is getting overly bullish here

HPQ.png

Thanks KeiZai for posting the chart... Is 13.50 a solid support on HPQ? TIA!

Short 147 Crazy toppy jerking around

Any news for the oil pop?

hmm, target reached. bulls are showing strength now.

Out of Bounds wrote:Short 147 Crazy toppy jerking around

After further review, it was 146.95

Cobra wrote:let's see if the same weakness in the morning then surge in the afternoon pattern repeats. Got to be one day different, otherwise making money would be so easy.

Easy money time?

We're too close to 1500....... can't leave the party without a test.

“Hedge-Fund Leverage Rises to Most Since 2004 in New Year”
http://www.bloomberg.com/news/2013-01-1 ... -year.html

zh of course, disagrees with bloomberg’s conclusion:
“…because it is not different this time… to keep up with the beta rally one has no choice but to layer debt upon debt upon debt to pretend alpha still works in the New Normal.”
http://www.zerohedge.com/news/2013-01-1 ... -long-2004

Al_Dente wrote:Never in the history of ever has SPY gone very far without some QQQ support
[Flu speaking...WDIK]

Enjoy some pasta and drink some red wine - you'll be feeling better soon

The spread between the expiring VX contract and VIX still seems too wide to me.
Not sure what's driving this but something is going on.
Wednesday am is expiration so something is gonna give.