Cobra's Market View

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What was concerning today is that we got a lower low in the DJI but not other indices....??

TraderGirl wrote:What was concerning today is that we got a lower low in the DJI but not other indices....??

Is there a specific stock within the index that sucked today big time? TRAN was up nicely.

Tradergirl - thanks for your input. I don't know how to do puts/calls. I put a stop limit on NUGT at 10.79 to be safe. Hoping the 7 day rule applies this week. Elliott Wave traders are hoping the bottom is in today.

There is nothing bullish about the daily charts, and nothing even resembling a bottom

TraderGirl wrote:Al, here is your /DX with a higher high and neg d so far on TSI....

wow thanks luv u

BTW

I miss my newbie days as a trader

where days like today would make me extremely excited.


Now i cant feel a thing.

Its only numbers, probability, and money, of course.

I guess thats how you know you are approaching a pro-level at something as crazy as trading.

MrMiyagi wrote:

TraderGirl wrote:What was concerning today is that we got a lower low in the DJI but not other indices....??

Is there a specific stock within the index that sucked today big time? TRAN was up nicely.

Don't know??

EvilTrader wrote:BTW

I miss my newbie days as a trader

where days like today would make me extremely excited.


Now i cant feel a thing.

Its only numbers, probability, and money, of course.

I guess thats how you know you are approaching a pro-level at something as crazy as trading.

I look forward to that phase

We're never going down again...... :p

TraderGirl wrote:

MrMiyagi wrote:

TraderGirl wrote:What was concerning today is that we got a lower low in the DJI but not other indices....??

Is there a specific stock within the index that sucked today big time? TRAN was up nicely.

Don't know??

Miyag
HPQ was biggest suck in the dow
On earnings BEAT today
(layoffs are old news)

EvilTrader wrote: days like today would make me extremely excited.
Now i cant feel a thing.
Its only numbers, probability, and money, of course.

Yeah.. I know what you mean, up or down, it's just numbers and depending on direction, it is "what's the next strategy?".
Almost complete disconnection from money, might as well be casino chips.

Al_Dente wrote:
HPQ was biggest suck in the dow)

Up after hours 7% to 22.55$. Thanks Pastafarian!

MrMiyagi wrote:

Al_Dente wrote: HPQ was biggest suck in the dow)

Up after hours 7% to 22.55$. Thanks Pastafarian!

Nutcake:
Let’s get one thing clear:
You can say whatever u want about Al
But DO NOT disrespect The Pasta

We’ll not have this conversation again, right?

Cobra all I have to say you are amazing. I been at this game for 50 years. My subscription to you was the smartest move I have ever made. I can not thank you enough.

Can some one explain the 7 day rule. i thought that it had to do with gap ups -- max being 6 days. i think i am confused though.

Al_Dente wrote:

MrMiyagi wrote:

Al_Dente wrote: HPQ was biggest suck in the dow)

Up after hours 7% to 22.55$. Thanks Pastafarian!

Nutcake:
Let’s get one thing clear:
You can say whatever u want about Al
But DO NOT disrespect The Pasta

We’ll not have this conversation again, right?

Nutcake? Is that the way to treat a covert Ninja?

Hardy wrote:Cobra all I have to say you are amazing. I been at this game for 50 years. My subscription to you was the smartest move I have ever made. I can not thank you enough.

50 years? Wow, I'm really honored! Thanks!

MrMiyagi wrote:

TraderGirl wrote:What was concerning today is that we got a lower low in the DJI but not other indices....??

Is there a specific stock within the index that sucked today big time? TRAN was up nicely.

IT-sector; HPQ, MSFT & INTC sucked today.

ken d wrote:Can some one explain the 7 day rule. i thought that it had to do with gap ups -- max being 6 days. i think i am confused though.

subscribe my services please.