Cobra's Market View

strong uptrend day le

As rare as it is, I think we are going to fill the 2.2% gap open.

f'ing bears....Cobra we need another rant tonight

dip buyers need more fingers chopped off

Now low of yesterday as resistance. If the market can close in green, certainly don't know what to say.

The fed took over the market again. Back to the insane trade.

Gap up and marching on is the norm, Gap down has to refill before continue. I put a close sign on my monitor, net short into the night. wish everyone made a killing. as long as you know when to fold if it goes against you that's all it takes to be a good trader, trading is fun only if you make money even when you're wrong, you don't want to be right but lossing. Thanks Cobra and all the great chartists here. last 30min. do nothing is best.

I will be keeping my call I got on the low this morn....BUT I am buying a put to protect it somewhat. Don't know how the mkt will open.

spx - if we close into the 5min gap it may be bullish as long as the china syndrome doesn't work in reverse (Disneyland Syndrome!)...!

guess 1280 was the number to hold for Opex week...perhaps we close around here for the rest of the week...

COMP
Like love...once lost....
http://99ercharts.blogspot.com/2011/03/comp_15.html

gap is hard and unforgiving

I thought an up market would be a healthy market, a down market an insane market. But I often hear it''s been labeled the other way around.

Do miss something?

Still fighting resistance, now with trend line. I think you all know I'm going to say tonight, this market simply refuses to drop. I'm soooooooooooooooooo disappointed in bears.

Cobra wrote:Still fighting resistance, now with trend line. I think you all know I'm going to say tonight, this market simply refuses to drop. I'm soooooooooooooooooo disappointed in bears.

As long as big Ben has the $ it may will go up.

Well, that's it for today. I'm a little disappointed in bears, but the fighting is not over yet, so still hard to say. I'll see you tomorrow.

sell off on ES...after close

just back where the Fed started.

Fed gonna fight tooth and nail to keep this ponzi scheme going you know.
More POMO and POMO until $600B is gone.

Cobra wrote:Well, that's it for today. I'm a little disappointed in bears, but the fighting is not over yet, so still hard to say. I'll see you tomorrow.

you guys think tmr will be a gap up day?

Official: Japan's nuclear situation nearing severity of Chernobyl

Ain't looking good tomorrow if there's a meltdown.