Cobra's Market View

If MCP busts to new lows tomorrow, I'll buy in and use the hope strategy.

rally into the close and wipe out a lot of the bearish/reversal indicators...? i wouldn't be surprised

rc1269 wrote:rally into the close and wipe out a lot of the bearish/reversal indicators...? i wouldn't be surprised

I would not rule it out, Ben & Barry have some deep pockets..

TRIN has remained BULL all day.

MrMiyagi wrote:

rc1269 wrote:rally into the close and wipe out a lot of the bearish/reversal indicators...? i wouldn't be surprised

I would not rule it out, Ben & Barry have some deep pockets..

deeper than mine!

rc1269 wrote:rally into the close and wipe out a lot of the bearish/reversal indicators...? i wouldn't be surprised

A finish well above the lows means they want this thing to gap down tomorrow.

TRIN has remained bullish all day long.

14 min to close, so far this still looks like just 1 leg down.

WHO IS BUYING THE F***** DIP ??

ISNT THE 1ST DIP A BUY ?

COBRA ?

EvilTrader wrote:WHO IS BUYING THE F***** DIP ??

ISNT THE 1ST DIP A BUY ?

COBRA ?

I am.

Bears get no respect ( these days) no matter what they do

me, too. This is just a pullback to make new highs.

i dunno. i feel like bears need to make a case here at the close. i think in this uptrend a bullish close doesn't lead to a gap down, but rather a sign to the bulls that the bears still can't take control. when the mkt was chopping, then i agree with you. bears need to slam it now and say they're done with the rally and time for a change. without that i think dips keep getting bought. just my opinion

EvilTrader wrote:WHO IS BUYING THE F***** DIP ??

ISNT THE 1ST DIP A BUY ?

COBRA ?

I cannot say it here. I think I said it last night already.

EvilTrader wrote:WHO IS BUYING THE F***** DIP ??

ISNT THE 1ST DIP A BUY ?

COBRA ?

what if yesterday morning was the first dip...?

well, guess that's it for today. not good looking daily bar but to prove the top was in, bears still have lots of things to do, so if I'm the bear, I won't celebrate here, too early. thank you guys, I'll see you tomorrow.

You sure did and thanks for that. Bang on right again
Thanks for your help

I think we either test the high or make a new high on the 23rd....IMHO....

I think if we make a lower high, just gives more energy to the downside....

rc1269 wrote:

EvilTrader wrote:WHO IS BUYING THE F***** DIP ??

ISNT THE 1ST DIP A BUY ?

COBRA ?

what if yesterday morning was the first dip...?

I know, im a sub

but, asking doesnt hurt, does it ?

what do u call this thing?
Is it an outside reversal or an engulfing thingie or what???