Cobra's Market View

budfox wrote:Here is my alternative short term count.

http://www.greedandmoney.com/wp-content ... ount21.png

in what time frame?

Cobra wrote:no clue. OE day is mess. my wild-est-est-est guess is like this.

Cobra nails another one.

wow, what happened?

Cobra wrote:wow, what happened?

Moody’s looking to downgrade Italy. just announced.

right to the teeth

Now a proper IHS can draw out, not saying that it will play out

SigmaEcho wrote:

Cobra wrote:wow, what happened?

Moody’s looking to downgrade Italy. just announced.

As an austerity measure, Berlusconi will sleep with fewer...

EUO (short euro) had an initial pop....then almost stopped trading, despite higher than normal vol today. Could this be a set-up to take out euro shorts?

SigmaEcho wrote:

Cobra wrote:wow, what happened?

Moody’s looking to downgrade Italy. just announced.

Shenanigans in the market during this last hour

Monday after the last two OEX, Gap down then trade up, bearish. let see this time.

My short term time frame count is working out, I think.

http://www.greedandmoney.com/wp-content ... ount21.png

Here is what I said on my blog.

Updated at 2:37 pm CST

More buyers showing up to confirm this short term count. Since this weekend supposes to be the Greece weekend, I would assume that the market is betting on a bailout for Greece to be worked out this weekend. If it happens, we should gap up big on Monday. I am long TF small right now and I plan on carrying it over the weekend. If you are an aggressive trader, you should get long for Monday as well. It does carry significant event risk. That’s why the position needs to be small.

Monday's double POMO front runners at work, trying to get the week to finish positive?

well, guess that's it for today, typical OE day play, not much to say, seasonality is bearish the next week, statistics is bearish the next week, but usually before FOCM announcement on Wednesday, it's bullish. Thank you guys, I'll see you the next Monday, have a nice weekend!

Really interesting to watch...

Cobra wrote:well, guess that's it for today, typical OE day play, not much to say, seasonality is bearish the next week, statistics is bearish the next week, but usually before FOCM announcement on Wednesday, it's bullish. Thank you guys, I'll see you the next Monday, have a nice weekend!

Thanks Cobra. Enjoy your weekend, everyone!

Thank Laoda!

Cobra wrote:well, guess that's it for today, typical OE day play, not much to say, seasonality is bearish the next week, statistics is bearish the next week, but usually before FOCM announcement on Wednesday, it's bullish. Thank you guys, I'll see you the next Monday, have a nice weekend!

Thanks Cobra.

TO ALVIAN33 AND STRIKE PRICE,
YESTERDAY YOU MENTIONED CLICKING ON AND AD IN COBRA'S MARKET OUTLOOK SITE. COULD YOU PLEASE LET ME (AND THE REST OF US) KNOW WHAT YOU ARE REFERRING TO SO THAT WE MAY DO THE SAME?
THANKS GUYS!

Cobra wrote:well, guess that's it for today, typical OE day play, not much to say, seasonality is bearish the next week, statistics is bearish the next week, but usually before FOCM announcement on Wednesday, it's bullish. Thank you guys, I'll see you the next Monday, have a nice weekend!

Thanks and happy father's day.

Cobra wrote:well, guess that's it for today, typical OE day play, not much to say, seasonality is bearish the next week, statistics is bearish the next week, but usually before FOCM announcement on Wednesday, it's bullish. Thank you guys, I'll see you the next Monday, have a nice weekend!

Thank you, ban zhang. Have a nice weekend. Say hello to your fish...lol...