Cobra's Market View

here is what i go by today. SPX. intraday play.

So far go as planned. I hope we could see a new high here.

don't trust this market, we have had 3 nasty reversals already this week.. i am out of my long.

SPY still stuck in yellow ellipse. I'm just watching, don't know where the market is heading short term, as I see both bullish and bearish signals.

OK now at the juncture I am looking for, here's two out come that I'll be playing from here.

stocksage wrote:Market is not going down substantially til late May. Bears hear just keep losing capital.

My DRV position is up 2.4% today. How is that losing?

SRS both intraday and swing play are moving right along.

If the long bond and the $ press down from here, it will be good for the Bulls (they've been trading inversely lately). They look weak. This will be kind of scary because they are both getting dangerously low.

$tick making lower highs and lower lows.

SELL SELL SELL

SSO T= 53.73
SPY T= 133.12

anything lower swingtrade is on, that is....

Ouch. Did that hurt, bull? DRV +4% and rising. Great day for me.

Wow, my Dow short position is 3 points away from today's high !!! thats really good luck

BA DA BING! BA DA BANG!

Whoa!

Great move!

agnosia wrote:don't trust this market, we have had 3 nasty reversals already this week.. i am out of my long.

tick makes new low! -1144. ouch. gap @ /es 1321.75 holding so far.

Support here, but bear finally had its very first lower low.

reason market is crashing - japan quake. take a look at the /nkd.

Finally my SDS is rocketing up!

Cobra wrote:Support here, but bear finally had its very first lower low.