Cobra's Market View

BullBear52x wrote:

KeiZai wrote:Short small XIV here, I like the candle

@19.53

I still don't get that signal, where is it when you need it? Oh! here something to look at ES daily double top

BullBear52x wrote:

KeiZai wrote:Short small XIV here, I like the candle

@19.53

I still don't get that signal, where is it when you need it? Oh! here something to look at ES daily double top

jarbo456 wrote:

uempel wrote:

MrMiyagi wrote:

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Yeah, at the mom the bulls don't have a story. Without no news it's diffiuclt to keep the rally going.

i thought you had said earlier in the morning that you are bullish the market.

your P&F charts are always a little more conservative than mine...where i'm eyeing a 1600 price objective (timing of getting there is still in question).

you're P&F charts are also reading bullish...but cautiously so...mine are bullish - aka the same story, but told differently.

that's all i meant to say.

with that being said, as bullish as i am, i just sold down my FAS position to 1/4 the original 50k size that i bought on Dec. 21st.

you can be right, and still lose money in this market.

deeko wrote:

BullBear52x wrote:

KeiZai wrote:Short small XIV here, I like the candle

@19.53

I still don't get that signal, where is it when you need it? Oh! here something to look at ES daily double top

What are your thoughts on tomorrow? Do we pullback? I have a put spread on that I didn't close. I;m wondering about the chances that we close below 1470

BullBear52x wrote:

Mr. BachNut wrote:

Mr. T wrote:"We're never going down again!!!!"

Everyone back in the pool! The water is fine...

Mr.Bachnut, Your analogy of getting everyone in the pool is really nice, love it. but now at the moment question, how much time do we have to get out if we happened to get ourselves wet in the pool. lets say a draw down is 3%.

Mr. BachNut wrote:

BullBear52x wrote:

Mr. BachNut wrote:

Mr. T wrote:"We're never going down again!!!!"

Everyone back in the pool! The water is fine...

Mr.Bachnut, Your analogy of getting everyone in the pool is really nice, love it. but now at the moment question, how much time do we have to get out if we happened to get ourselves wet in the pool. lets say a draw down is 3%.

There will be no whistle blown when the sharks are released. We are on our own.
The greediest and the slowest become lunch.
You are pretty fast it seems.

Mr. BachNut wrote:

BullBear52x wrote:

Mr. BachNut wrote:

Mr. T wrote:"We're never going down again!!!!"

Everyone back in the pool! The water is fine...

Mr.Bachnut, Your analogy of getting everyone in the pool is really nice, love it. but now at the moment question, how much time do we have to get out if we happened to get ourselves wet in the pool. lets say a draw down is 3%.

There will be no whistle blown when the sharks are released. We are on our own.
The greediest and the slowest become lunch.
You are pretty fast it seems.

Mr. BachNut wrote:

BullBear52x wrote:

Mr. BachNut wrote:

Mr. T wrote:"We're never going down again!!!!"

Everyone back in the pool! The water is fine...

Mr.Bachnut, Your analogy of getting everyone in the pool is really nice, love it. but now at the moment question, how much time do we have to get out if we happened to get ourselves wet in the pool. lets say a draw down is 3%.

There will be no whistle blown when the sharks are released. We are on our own.
The greediest and the slowest become lunch.
You are pretty fast it seems.

BullBear52x wrote:

deeko wrote:

BullBear52x wrote:

KeiZai wrote:Short small XIV here, I like the candle

@19.53

I still don't get that signal, where is it when you need it? Oh! here something to look at ES daily double top

What are your thoughts on tomorrow? Do we pullback? I have a put spread on that I didn't close. I;m wondering about the chances that we close below 1470

it is what it is for me, so far it's up and I see new set up for a buy entry after the over bought pull back, for tomorrow I think the ES will be sold off over night from where it is chances are high for a pull back until the good guys show up