Cobra's Market View

Copper
Back inside the diamond.
http://99ercharts.blogspot.com/2011/03/copper_17.html

Given the pink and green I'm still not very optimistic about today's rebound. So far just a range day.

BTW don't forget we will an Super Full Moon 19 March.

http://science.nasa.gov/science-news/sc ... supermoon/

There were SuperMoons in 1955, 1974, 1992 and 2005 this last was the Hurricane Katrina

Dollar Chart :

Wallstreet - thanks for the link - i missed it at first - SUPER FULL on my birthday!

we be quakin'?

my first time experiencing ground tremor!
volume not impressive today on spx

i think everyone at goldman went out drinking to celebrate st. patrick's day and left the algos on and programmed them to close this weeks opex at the weekly pivot 1270.50..

my birthday might be rockin' after all! lol

http://www.globalperspectives.info/
As the Japanese continue to cope with the devastating effects of the Sendai Earthquake, a retired geologist and an engineer warn that the chances of yet another temblor or temblors in other parts of the world are significantly increased.

Within days of the Sendai event, retired geologist Jim Berkland began sounding warnings that another earthquake could occur, specifically in California or off its coast, on or about March 19. Berkland has a remarkable reputation for earthquake forecasting; in fact, many credit him with predicting the Loma Prieta Earthquake of October 17, 1989, commonly known as the "World Series Earthquake" because many San Francisco residents, who otherwise might have become casualties, were in the Candlestick Park stadium at the time, anticipating Game 3 (later rescheduled). (On that account, only 67 people lost their lives, despite $6 billion in damage.) Berkland had warned that such an event might occur days before.

Now he points out at least four risk factors:

READ MORE https://www.examiner.com/creationism-in ... -increased and watch this video http://www.youtube.com/watch?v=xQXDt4Vd ... r_embedded

NCAA basketball games going on now--in a slower market a lot of traders will be following their pools and side bets a lot closer than this.

1274 might break here...

1270 is next - very bearish if it goes

Well, I'll be out for awhile...

SSO, I will keep holding on untill the lower trend line gave in. If it breaks down, no reason to hold but gett new short set up for tomorrow. for now stay the course...damn that was the line from GW haaaahhahaa...

/ES
AB=CD target of 1225.
http://99ercharts.blogspot.com/2011/03/es_7674.html

200DMA right on.
Transport noot looking good.

99er wrote:/ES
AB=CD target of 1225.
http://99ercharts.blogspot.com/2011/03/es_7674.html

Me XMan wrote:200DMA right on.

99er wrote:/ES
AB=CD target of 1225.
http://99ercharts.blogspot.com/2011/03/es_7674.html

What 200dma are you talking about? For the S and P it is at 1183.

Me XMan wrote:200DMA right on.
Transport noot looking good.

99er wrote:/ES
AB=CD target of 1225.
http://99ercharts.blogspot.com/2011/03/es_7674.html

before japan i didnt think this chart would play out before a bounce but now I think it might - 1200ish is definitely on the table...200ma on the weekly chart

long term is bullish though once we correct down to those levels - the weekly cross of the 40 and 200 is bullish and will not be denied (eventually)

i was watching a footage about how Japanese use helicopter to douse the nuke. it is quite obvious that most water didn't get to the target. however, they were very brave to at give it a try.

they are going to have to ask or order some military people to do whatever is necessary to get those rods out of there and in containment or they can kiss 200 square miles goodbye.

methinks we are going to close in the red

zombiebraingoo wrote:they are going to have to ask or order some military people to do whatever is necessary to get those rods out of there and in containment or they can kiss 200 square miles goodbye.

they need Dr. Spock. equivalent.

http://www.youtube.com/watch?v=Xa6c3OTr6yA