Cobra's Market View

Judging from the VIX action today, I think we see a big rally on Monday..VIX tests 50DMA and then market goes Boom onTuesday / Wed

still no H2, the more consolidation here, the worse. bulls are not as strong as I thought...

hopefully this H2 could carry bulls a little far. cannot decisively break above today's high then it's bears turn to attack, also a failed H2 here would forcing bulls running for cover therefore dooms the market. so bulls need pray here.

Bulls still licking wounds from yesterday bashing...

Cobra wrote:still no H2, the more consolidation here, the worse. bulls are not as strong as I thought...

Bencat wrote:

Cobra wrote:huge bar with volume surge, if this is not an exhaustion bar, then pretty much bears are dead. QE3 will be in the play, i'd ask you guys donate me CANADIAN DOLLAR please no US$!

today the NFP usual pattern does happen! bear dead!

Pardon my ignorance. What is the NFP pattern?

Thanks in advance.

debossman08 wrote:

Bencat wrote:

Cobra wrote:huge bar with volume surge, if this is not an exhaustion bar, then pretty much bears are dead. QE3 will be in the play, i'd ask you guys donate me CANADIAN DOLLAR please no US$!

today the NFP usual pattern does happen! bear dead!

Pardon my ignorance. What is the NFP pattern?

Thanks in advance.

Please read Cobra's report from yesterday. NFP = Non-Farm Payroll.

I feel market wouldn't sink back to day low.

continue moving higher from here will be sold. surprisingly strong Bulls, but the damage is already done me thinks

BullBear52x wrote:continue moving higher from here will be sold. surprisingly strong Bulls, but the damage is already done me thinks

Price may be strong, but is Up Volume? Time is on the bears side.

Cobra,

How do you feel about the chart of BIDU? 200 MA proving to be resistance on the hourly. But any thoughts for the next week ...looks like a decent week on the weekly.

Ayeeeee Bidduuuuuuu!!!!

Hi Cobra. How come I am getting E mails from "Peter_V_Pan@hotmail "to visit his site.He said he was sending me the Email because of my visits to yours How did he get my address. Thanks

another critical time as I think could be a pullback of some kind here. small pullback or consolidation is ok, not too big please.

StrikePrice wrote:

BullBear52x wrote:continue moving higher from here will be sold. surprisingly strong Bulls, but the damage is already done me thinks

Price may be strong, but is Up Volume? Time is on the bears side.

$VIX seems to have problem moving up, I see another try here, if failed I will lighten up big on my shorts/etfs.

AK84 wrote:Cobra,

How do you feel about the chart of BIDU? 200 MA proving to be resistance on the hourly. But any thoughts for the next week ...looks like a decent week on the weekly.

Ayeeeee Bidduuuuuuu!!!!

I see bear flag on daily chart. not a strong bearish biased though.

AAPL…where the parabolic support “bearly “ functions:

The AAPL trade is fairly simple imo at the moment. Long above 50dma and short below till gap at 338 . Further lower than 338 and re-short.

AAPL looking like it really wants to fill that gap though before pushing higher after WWDC.

As my man Cobra says, wait.......

is today typical NFP "fade the open" day?

KENA wrote:Hi Cobra. How come I am getting E mails from "Peter_V_Pan@hotmail "to visit his site.He said he was sending me the Email because of my visits to yours How did he get my address. Thanks

Cobra..Ps. I just got 3 more E mails.That makes 6 inthe last hour.

KENA wrote:

KENA wrote:Hi Cobra. How come I am getting E mails from "Peter_V_Pan@hotmail "to visit his site.He said he was sending me the Email because of my visits to yours How did he get my address. Thanks

Cobra..Ps. I just got 3 more E mails.That makes 6 inthe last hour.

G-mail got hack.

KENA wrote:

KENA wrote:Hi Cobra. How come I am getting E mails from "Peter_V_Pan@hotmail "to visit his site.He said he was sending me the Email because of my visits to yours How did he get my address. Thanks

Cobra..Ps. I just got 3 more E mails.That makes 6 inthe last hour.

Peter_V_pan is not me. if it's "V".