Cobra's Market View

99er wrote:BB52X: "No neg div"

Fascinating, eh?

Folks may not have that much confidence in the debt ceiling issue. Here's a thought from Felix Salmon:

I think we will get one coming back up now.

Max pain for SPY still sit at 132 so, it gonna be a boring day since we trade at it now?

After bad sentiment data: one of the reasons the indices are strong is that shorts fear QE 3...

I think it is due to Obama has a speech and EUR will release bank pressure test.

NDD wrote:Who is holding this market up despite negative figures dropping from all around the world... due to OE ??

xlf new low.

UNG, 12.5 is not too far distance ahead.

uempel wrote:After bad sentiment data: one of the reasons the indices are strong is that shorts fear QE 3...

Yep but wont the markets have to dip before qe3 is "needed", i was thinking a drop to 1150-1200...cuz then we'll "neeed" it

Dow Trader wrote:EUR now playing exactly at the uptrend from Jul,12 low

I did not see the uptrend. It is still in the downtrend. Am I wrong?

where I can found " uplaod attachement" to post my chart ?

Honey...here's a nice set...
RUT http://99ercharts.blogspot.com/2011/07/rut_15.html

alf wrote:

Dow Trader wrote:EUR now playing exactly at the uptrend from Jul,12 low

I did not see the uptrend. It is still in the downtrend. Am I wrong?

I will show you the uptrend clearly, can anyone tells me where I can attach and upload my chart ?

Dow Trader wrote:

alf wrote:

Dow Trader wrote:EUR now playing exactly at the uptrend from Jul,12 low

I did not see the uptrend. It is still in the downtrend. Am I wrong?

I will show you the uptrend clearly, can anyone tells me where I can attach and upload my chart ?

Below Save Draft

Dow Trader wrote:where I can found " uplaod attachement" to post my chart ?

read the 'getting started' that cobra put together

BullBear52x wrote:UNG, 12.5 is not too far distance ahead.

nice seeing someone trading ung.. i'm all into futures, dont see reason for trading etf's...anyways.

you project 12.5... should equate to 4,9 on ng contract

EUR

agnosia wrote:

Dow Trader wrote:where I can found " uplaod attachement" to post my chart ?

read the 'getting started' that cobra put together

thanks for help, also thanks to Whynot

so far bears got the ball, a little more push down then I don't think the support below would hold. Let's see whether bears can seal the deal this time.

big bear flag on ES is breaking down. well 132 max pain got throw out the window

Dow Trader wrote:EUR

now fighting for 1.41. I do not think i.41 will hold. If you check the big time frame, it is still in down channel. Let's wait and see. I might be wrong.

Been watching and learning...am total novice. Thanks to all here - esp. Cobra for sharing and teaching. It will be long time (if ever) before I can contribute...but I really appreciate the site a lot. May your trades all be safe - even if not profitable.