Cobra's Market View

TNA, here the first sell the rip today

so far so good.

rebound as expected, now key time. I have no confidence in bears.

TMF looks very interesting...could be backtesting broken trendline...

Technicals are getting into an area where in the past has been a buy zone....keeping an eye on them for now...

Early bird special, another one coming.

Al_Dente wrote:That was A LOT of buying volume that SPY had to absorb
1 min

The attachment 1219one.png is no longer available

Interesting and rather bearish I would think Al.
Although my IB data feed does not show the volume that StockCharts does there is a P bar at 9:05 EST.
I wonder if this is a precursor of the future direction?

Dell got good bouncelonger bigger look, yike!

now maybe down as expected, but I still have no confidence.

Dr. Al. You probably noticed but just in case, your BPGDM daily signaled a turn on 10 last night...barely. not yet on your new addition of 12

BullBear52x wrote:Dell got good bounce

The attachment 1.JPG is no longer available

longer bigger look, yike!

The attachment 2.JPG is no longer available

I was looking at that same bounce a week or so ago...but hitting resistance...fill gap below?

triangle, so the bias now is up, but it also argues a range day today, so mostly should sell high buy low.

Update of spx/tlt triangle - cumulative tick divergence

BullBear52x wrote:Early bird special, another one coming.

Well makes sense BB52, I do have today (the 19th) as a swing high, although I am yet to see the divergence I would like in my indicators.

http://www.youtube.com/watch?v=p07T4dlw2cc Happy Silly Season Ya'll!

TraderGirl wrote:

BullBear52x wrote:Dell got good bounce

1.JPG

longer bigger look, yike!

2.JPG

I was looking at that same bounce a week or so ago...but hitting resistance...fill gap below?

I look at them now, especially for 2013. SOXL, SMH, INTC, MU, DELL, HPQ.....these are 2012 beat up, so if the market going higher, they will be good play for next year if the growth to be real. equipment makers like FEIC, KLAC and AMAT also on my watch list for 2013.

BullBear52x wrote:

TraderGirl wrote:

BullBear52x wrote:Dell got good bounce

1.JPG

longer bigger look, yike!

2.JPG

I was looking at that same bounce a week or so ago...but hitting resistance...fill gap below?

I look at them now, especially for 2013. SOXL, SMH, INTC, MU, DELL, HPQ.....these are 2012 beat up, so if the market going higher, they will be good play for next year if the growth to be real. equipment makers like FEI, KLAC and AMAT also on my watch list for 2013.

Don't forget IFNNY.

gap up wrote:

BullBear52x wrote:

TraderGirl wrote:

BullBear52x wrote:Dell got good bounce

1.JPG

longer bigger look, yike!

2.JPG

I was looking at that same bounce a week or so ago...but hitting resistance...fill gap below?

I look at them now, especially for 2013. SOXL, SMH, INTC, MU, DELL, HPQ.....these are 2012 beat up, so if the market going higher, they will be good play for next year if the growth to be real. equipment makers like FEI, KLAC and AMAT also on my watch list for 2013.

Don't forget IFNNY.

Haha...forgot all about it, are they still making DRAM?

Royal Flush wrote:

Al_Dente wrote:That was A LOT of buying volume that SPY had to absorb
1 min

Interesting and rather bearish I would think Al.
Although my IB data feed does not show the volume that StockCharts does there is a P bar at 9:05 EST.
I wonder if this is a precursor of the future direction?

scCA7F7J9A.png

dkzdxSPY_(1_Min)__12_19_2012.jpg

NICE
Now that u have the whole enchilada, the magilla, the “Full Monte”
U gotta stick $NYUPV:$NYDNV and $NYDNV:$NYUPV in there somewhere, no?




[save for later]

Dougie Short uses the price of the “Big Mac” as an indicator for………just about everything
http://seekingalpha.com/article/1071571 ... view&ifp=0

ClarkW wrote:Dr. Al. You probably noticed but just in case, your BPGDM daily signaled a turn on 10 last night...barely. not yet on your new addition of 12

thx for the heads up......i've been busy dealing w computer problems
GL2u

care for FIB number today?