Cobra's Market View

bigger picture looks like a probable down market tomorrow, or no?

seems like there's no buying into the close...quite the opposite.

well, on the plus side, at least for the past 13 trading days, the very first time, bears didn't make a lower low on daily bar. seriously, it's a good sign, at least better than lower low.

testing the day's low, critical, but i've already given up the hope.

BB52x,
where are you? did you forget to push the evil botton? or Was it too high for you to reach it?

Cobra wrote:testing the day's low, critical, but i've already given up the hope.

I hope it at least increases the chance of a green day tomorrow. Whatever happened to the "Wow" days, Cobra?

well, guess that's it for today, no idea about tomorrow yet, hopefully I could cook up something in the Trading Signals report soon. Thank you guys, I'll see you tomorrow.

I think the bears will run out of time on that daily lower low...i hope.

SPX 1000 coming IMO.

StrikePrice wrote:I think the bears will run out of time on that daily lower low...i hope.

yellowreign wrote:

Cobra wrote:testing the day's low, critical, but i've already given up the hope.

I hope it at least increases the chance of a green day tomorrow. Whatever happened to the "Wow" days, Cobra?

Yesterday was actually a WOW day, don't know if you knew the story. I didn't mention that is nowadays, Nasdaq intraday cumulative tick had wider range, so the WOW may not be the WOW before. Anyway, if you don't know the story, just forget about this. Judging by today's actions, it seems WOW still works.

Thanks Cobra. trading with reading your posts.
loaded FAS 12.5, it crashes.

cobra and everyone,
thank you very much.

i am learning by watching the pros in the board.

thanks