Cobra's Market View

TraderJoe wrote:Hi TraderGirl,
If you have time and you don’t mind, I’m short both MCD (since 95) & CZR (since 13). What’s your opinion on my shorts? I think they both have a ways to go yet.
Thanks in advance,
Joe

CZR...had a similar setup back in april 2012....had 5 waves down but no neg d...so could find some support around gap? and then bounce to a lower high?? In any case a bounce is possible to get some neg d on rsi and tsi...and allow MACD to roll over...

Edit: It would be nice to see if gap holds or it just falls through...

nine of the dow thirty stocks are still green at the mom

TraderGirl wrote:

TraderJoe wrote:Hi TraderGirl,
If you have time and you don’t mind, I’m short both MCD (since 95) & CZR (since 13). What’s your opinion on my shorts? I think they both have a ways to go yet.
Thanks in advance,
Joe

CZR...had a similar setup back in april 2012....had 5 waves down but no neg d...so could find some support around gap? and then bounce to a lower high?? In any case a bounce is possible to get some neg d on rsi and tsi...and allow MACD to roll over...

THANKS, you are the BEST

MrMiyagi wrote:

banksy baby!

UVXY done for the day? Don't think I'll be holding over the weekend

ClarkW wrote:UVXY done for the day? Don't think I'll be holding over the weekend

I have the April calls, I'll let them ride for quite a while.

TraderJoe wrote:

TraderGirl wrote:

TraderJoe wrote:Hi TraderGirl,
If you have time and you don’t mind, I’m short both MCD (since 95) & CZR (since 13). What’s your opinion on my shorts? I think they both have a ways to go yet.
Thanks in advance,
Joe

CZR...had a similar setup back in april 2012....had 5 waves down but no neg d...so could find some support around gap? and then bounce to a lower high?? In any case a bounce is possible to get some neg d on rsi and tsi...and allow MACD to roll over...

THANKS, you are the BEST

TraderJoe wrote:

ClarkW wrote:UVXY done for the day? Don't think I'll be holding over the weekend

I have the April calls, I'll let them ride for quite a while.

Nothing more fun than options on a leveraged ETF.. yum...

Unique wrote:

TraderJoe wrote:

ClarkW wrote:UVXY done for the day? Don't think I'll be holding over the weekend

I have the April calls, I'll let them ride for quite a while.

Nothing more fun than options on a leveraged ETF.. yum...

I use to take 2 blood pressure pills a day, now I take 3

I have to out until may be after close. For now the bias still is down.

Dalio (biggest hedge fund in US) long stocks
True story: I couldn’t get into this link for hours because it was “busy” eg too many people accessing it; no joke
[Also recall I already linked to his 2012 record which sucked]
http://www.bloomberg.com/news/2013-02-1 ... arket.html

I dislike B. Frank, but I dislike Bartaroma even more so I am really enjoying their outbursts at each other.

“U.S. Funds Score Big by Betting Against Yen”
http://online.wsj.com/article/SB1000142 ... 92762.html

YCS and YCL are too thin for my taste; anyone have a long/short yen vehicle with VOLUME?

[How to access any article if u are not a subscriber: Copy and paste the headline in the search window at news.google.com
Click the search button. It should come up as a clickable article that you can fully read.

Out of Bounds wrote:I dislike B. Frank, but I dislike Bartaroma even more so I am really enjoying their outbursts at each other.

MS. Bartaroma is a very smart person (not as smart as TraderGirl) and she has done quite well for herself.

I like whale watching
Market Folly runs hedge-fund stories every day

http://www.marketfolly.com/2013/02/what ... t+Folly%29

well, bears still weak, dare not hold anything overnight. I'm disappointed.

TraderJoe wrote:

Out of Bounds wrote:I dislike B. Frank, but I dislike Bartaroma even more so I am really enjoying their outbursts at each other.

MS. Bartaroma is a very smart person (not as smart as TraderGirl) and she has done quite well for herself.

I don't disagree with you. I fully recognize her accomplishments and never questioned them. I just said I didn't like her. This seems to have offended you so I will not mention it again.

$SPX: I remain sceptical that a top is in place as long as price > 1514