Cobra's Market View

Yay! Something actually happened. New HOD.

C&H target met. I don't believe H&S bottom target though.

wow TNA just blew off the roof

If es can make it back into yellow channel could see 1430 in next day or two. Breaking out of blue channel with decent conviction so far.

SPY didn't bust yesterday's low and is now close to busting yesterday's high.
IWM made a higher high and higher low on the daily.

I'm disappointed I didn't buy into JOY

PAGING joe-gamma
Boss: it’s just important for me/us to know what/who we are looking at
THERE IS NO NEED TO LINK… board folks just usually post and say “this is a daneric” or a “springheel jack” or a “stock-timing” or a “bill luby” chart etc….
That tells me/us all we need to know and credits the hard-working TA folks on the net, WHO ALL WATCH AND FOLLOW COBRA !!
Hopefully Cobra will tell me if I am out of line here ………

[edit: ps I used to love springheel jack’s posts here, but he got turned away by mean-spirited posters of the past.
Now that Cobra has a “good karma” blanket on the board, hopefully he will return (?)]

this push up has leg too.

703 K sell on IWM

Al_Dente wrote:PAGING joe-gamma
Boss: it’s just important for me/us to know what/who we are looking at
THERE IS NO NEED TO LINK… board folks just usually post and say “this is a daneric” or a “springheel jack” or a “stock-timing” or a “bill luby” chart etc….
That tells me/us all we need to know and credits the hard-working TA folks on the net, WHO ALL WATCH AND FOLLOW COBRA !!
Hopefully Cobra will tell me if I am out of line here ………

[edit: ps I used to love springheel jack’s posts here, but he got turned away by mean-spirited posters of the past.
Now that Cobra has a “good karma” blanket on the board, hopefully he will return (?)]

its good to get instruction on how!, the why ws already w/in me......THANKS!

joe-gamma wrote:

Al_Dente wrote:PAGING joe-gamma
Boss: it’s just important for me/us to know what/who we are looking at
THERE IS NO NEED TO LINK… board folks just usually post and say “this is a daneric” or a “springheel jack” or a “stock-timing” or a “bill luby” chart etc….
That tells me/us all we need to know and credits the hard-working TA folks on the net, WHO ALL WATCH AND FOLLOW COBRA !!
Hopefully Cobra will tell me if I am out of line here ………
[edit: ps I used to love springheel jack’s posts here, but he got turned away by mean-spirited posters of the past.
Now that Cobra has a “good karma” blanket on the board, hopefully he will return (?)]

its good to get instruction on how!, the why ws already w/in me......THANKS!

We’ll see if Cobra disagrees………he is the BIG boss man snake
We not big….we just tall…that’s all … http://www.youtube.com/watch?v=Dd-o_kLO ... re=related

1416? next stop?

We're never going down again!!!!!

another view. fwiw.

normally this pullback would be bought.

2 min
It’s very hard for a normal person to hold such a steep trendline
SPY is not a normal person today... but she may need a breather....

Why is VIX not dropping?? Looks like it could be in an ending diagonal? Could bounce again if it maintains support...

SPX hitting resistance??

There were two turns this week, Weds and Thurs, today we turned up, tomorrow do we turn down??

years of hard study to get an economics degeree....and I STILL DO NOT KNOW WHETHER

IF

MODEST IS GREATER THAN MODERATE!!!

this pullback has legs, so the normal pattern would be like this.

joe-gamma wrote:years of hard study to get an economics degeree....and I STILL DO NOT KNOW WHETHER
IF
MODEST IS GREATER THAN MODERATE!!!

u fat joe
u big fat bear ... avatar
lol just kidding honest

By the Fed's use of the phrase "modest to moderate", modest would be less than moderate. This time we had "gradual", which is clearly less than modest. Which is great news lol.

joe-gamma wrote:years of hard study to get an economics degeree....and I STILL DO NOT KNOW WHETHER

IF

MODEST IS GREATER THAN MODERATE!!!