Cobra's Market View

heavenskrow wrote:

springheel_jack wrote:Test post.

Hi, I thought I'd register for this intraday thread as I check this blog every day. Some very nice intraday stuff posted here.

welcome man, i just joined today too, and springheel i have been reading your site too.
I have both you and cobra on my blog

Thanks

Cobra's a morning read for me every day. Some quality commentary in here too. I look forward to contributing to that.

NNOOOOOOOOO!

soku wrote:fisher just said qe3 cost higher than benefit. me short in

Looking like a gap down tomorrow, fellas!

Another view

springheel_jack wrote:

heavenskrow wrote:

springheel_jack wrote:Test post.

Hi, I thought I'd register for this intraday thread as I check this blog every day. Some very nice intraday stuff posted here.

welcome man, i just joined today too, and springheel i have been reading your site too.
I have both you and cobra on my blog

Thanks

Cobra's a morning read for me every day. Some quality commentary in here too. I look forward to contributing to that.

Springheel! Welcome! I read all your posts on Slope of Hope and love them! You are really good and looking forward to your contributions so that we can all learn from you !

soku wrote:fisher just said qe3 cost higher than benefit. me short in

Does Fisher's comment matter? He has been saying no QE while we were taking off on QE2.
IMO its all on Bernanke...

And of course...will the Fed really not step in once we bounce from here and fail?

All aboard..This elevator going dn in the next few days..Choose your floor..The bottom is the basement.

hopefully a double bottom or H&S bottom could be formed here as the little bit bigger picture, looks another push up is possible.

AK84 wrote:
Springheel! Welcome! I read all your posts on Slope of Hope and love them! You are really good and looking forward to your contributions so that we can all learn from you !

Thanks

AK84 wrote:

springheel_jack wrote:

heavenskrow wrote:

springheel_jack wrote:Test post.

Hi, I thought I'd register for this intraday thread as I check this blog every day. Some very nice intraday stuff posted here.

welcome man, i just joined today too, and springheel i have been reading your site too.
I have both you and cobra on my blog

Thanks

Cobra's a morning read for me every day. Some quality commentary in here too. I look forward to contributing to that.

Springheel! Welcome! I read all your posts on Slope of Hope and love them! You are really good and looking forward to your contributions so that we can all learn from you !

Cobra>slopeofHope

Tim annoys me with his bearish bias view and his ego.

heavenskrow wrote:

soku wrote:fisher just said qe3 cost higher than benefit. me short in

Does Fisher's comment matter? He has been saying no QE while we were taking off on QE2.
IMO its all on Bernanke...

And of course...will the Fed really not step in once we bounce from here and fail?

fisher voted for qe2. it was hoenig against it and he retired. if you follow this board long enough, u could find i refer to fisher couple times. he is a big guy.

ES can't get under 1186 as for some reason support is ridiculously strong. News has been bad, charts all look ugly, but the market can't seem to turn down again. I have a feeling the bulls aren't quite done yet.

If ES closes an hour below 1180 this will start to look grim. As long as that holds though a rally extension is still on the cards I think, though as the hours pass without a breakout that's becoming less likely.

The best chance of a rally extension is into Friday and the clock is definitely ticking.

springheel_jack wrote:Test post.

Hi, I thought I'd register for this intraday thread as I check this blog every day. Some very nice intraday stuff posted here.

Welcome Springheel!

I've been following you and Cobra for at least a year independently and foresee synergistic analyses from both of your views of the markets.

A little early but here is a short developing,,HUM watch it and lets see.

PLUNGE wrote:

springheel_jack wrote:Test post.

Hi, I thought I'd register for this intraday thread as I check this blog every day. Some very nice intraday stuff posted here.

Welcome Springheel!

I've been following you and Cobra for at least a year independently and foresee synergistic analyses from both of your views of the markets.

u made me recall those days. read cobra in the night, jack in the morning, and fighting on some blogs all day long

springheel_jack wrote:If ES closes an hour below 1180 this will start to look grim. As long as that holds though a rally extension is still on the cards I think, though as the hours pass without a breakout that's becoming less likely.

The best chance of a rally extension is into Friday and the clock is definitely ticking.

Welcome! Thanks for the contribution .

my 1min chart looks a little more bullish than cobras..dont know why

Death cross - Dow Transports follow the S&P in death cross today. http://www.zerohedge.com/news/death-cross-dow-trannies Anyone have any data/stats on the implications? Thanks much in advance.
A.

no way QE3 will pass without a hitch. i'm tired of earning 0% on my savings - keeping interest rates so low is causing me to spend less because i've lost my interest income. silly fed doesn't realize they are killing an entire class of spenders with zero interest rates. enough with the bank welfare already.

/rant over