Cobra's Market View

L_T wrote:

TraderGirl wrote:TZA broadening wedge playing out...

Are you long TZA or short TNA or any of the other smallie ETF's? Just curious. IWM has a fib level at about 80.30 and support at 200 daily EMA at around 79.60 that may "attract" price to that area IMHO.

Geez fib target met already!

MrMiyagi wrote:'mornin kids.

WOW, that's a BIG up pbar on SPY...

L_T wrote:

L_T wrote:

TraderGirl wrote:TZA broadening wedge playing out...

Are you long TZA or short TNA or any of the other smallie ETF's? Just curious. IWM has a fib level at about 80.30 and support at 200 daily EMA at around 79.60 that may "attract" price to that area IMHO.

Geez fib target met already!

Are you short steel ?

ONLY THING THAT MATTERS IS KING DOLLAR

82 then 84 then 89 then EURO Parity - Get used to it

Mr. M,
I sure hope you either did not sell those AAPL puts or you bought them back a long time ago

TraderJoe wrote:Mr. M,
I sure hope you either did not sell those AAPL puts or you bought them back a long time ago

I bought them back before the earnings, I think it was a 14% profit, better than nothing.

MrMiyagi wrote:

TraderJoe wrote:Mr. M,
I sure hope you either did not sell those AAPL puts or you bought them back a long time ago

I bought them back before the earnings, I think it was a 14% profit, better than nothing.

That is VERY GOOD considering now!!!

uempel wrote:Update of the weekly with BB13/1:

43.png

i guess this sort of answered my question to you in the pm i sent. lol

this chart don't look too happy.

another look daily. fwiw.

My AAPL low of 560 is met so now lets see.

Only another -150 points to go to match Obama's -500 point drop the day after he was first elected.

History repeats.

just a little lower still? SPX 15m

KENA wrote:My AAPL low of 560 is met so now lets see.

Well, did you buy some of that ?

KENA wrote:My AAPL low of 560 is met so now lets see.

my next leg is 540, but i'm really hoping we don't get there.

volume surge so might be another rebound attempt here but again likely it'd fail.

Channel with EW 5 wave down, now zig-zag up?

jarbo456 wrote:

uempel wrote:Update of the weekly with BB13/1:

43.png

i guess this sort of answered my question to you in the pm i sent. lol

this chart don't look too happy.

BB13/1 works very well on daily, weekly, monthly. Best trends are when price stays outside the upper band (bullish) or under the lower band (bearish). I combine BB13/1 always with a 9 MA - in all time sequences.

I don't have time to read the long PM now, I'll get back to you

Petsamo wrote:

KENA wrote:My AAPL low of 560 is met so now lets see.

Well, did you buy some of that ?

Not yet right now i am short.