Cobra's Market View

AAPL ytd high

greenback wrote:Cobra, will your short term model hold short overnight based on today's price action?

yes, it will hold until stop loss triggered because no matter how market closes today, it's another short, I'll pass this short, but this means the current short at hand should hold until it's failed which equals to I shorted today at close. You understood?

soku wrote:i am crazy i know. anyway i chased at 1308. cobra, what's yr target of this move?

this is very strange oe day. put in a stop at 1310.5 and see what happens. i will not hold anything over weekend

very strong close, speechless. got to be some good news in the weekend.

Cobra wrote:

greenback wrote:Cobra, will your short term model hold short overnight based on today's price action?

yes, it will hold until stop loss triggered because no matter how market closes today, it's another short, I'll pass this short, but this means the current short at hand should hold until it's failed which equals to I shorted today at close. You understood?

Thanks!

Caution
SPX http://99ercharts.blogspot.com/2011/07/spx_4626.html
Head fake.

TGIF.

well, I guess, that's it for today, thank you guys, I'll see you the next Monday. this market certainly needs some imagination, for 3 days in a row, we had a big gap up open, now it tries to tell us, that big gap up open would go in 4 days in a row?

wow not ended yet. es is trying new high now

Cobra wrote:very strong close, speechless. got to be some good news in the weekend.

Short covering? I dont think anyone wants to be short over weekend, I also think NOTHING will get done about the debt ceiling.

dr659 wrote:

Cobra wrote:very strong close, speechless. got to be some good news in the weekend.

Short covering? I dont think anyone wants to be short over weekend, I also think NOTHING will get done about the debt ceiling.

i don't think it is short covering. it seems buy bots to me. people r front running good news is my guess too

This looks very positive for bulls;

pablorynx wrote:AAPL ytd high

i'm proud to tell u, if u search my name and aapl, u will find i yelled long aapl on 6/21. lucky

99er wrote:Caution
SPX http://99ercharts.blogspot.com/2011/07/spx_4626.html
Head fake.

TGIF.

That's one ugly looking chart! Hope you're right, personally. Although I'm mostly in cash at this point.
Have a good one, 99.
A

soku wrote:wow not ended yet. es is trying new high now

1315.25 i am out. need to leave now. no position for weekend. will check the market sunday night.
have a good weekend

Anaconda wrote:This looks very positive for bulls;

Anaconda: YES...short term...

soku wrote:

dr659 wrote:

Cobra wrote:very strong close, speechless. got to be some good news in the weekend.

Short covering? I dont think anyone wants to be short over weekend, I also think NOTHING will get done about the debt ceiling.

i don't think it is short covering. it seems buy bots to me. people r front running good news is my guess too

Maybe, we will see, Republicans would have to agree to raise some taxes , I cant see that happning, Have a good weekend all

I know, I remember. I bot nas ~ that time. bot some yest too.