12/17/2012 Live Update

[Cobra]

fib info: https://stockcharts.com/public/1684859/ ... /280535730;

I'd post not important info link only, maybe it'd help to boost the visits. anyway, I want you to know everything I update here was drawn in public list first then I do the screenshot.

[Xian]

Late and hungover today..... very merry Christmas.

Wanted to thank everyone for their weekend charts.

[BullBear52x]

now the die-hard get set, after chasing all morning long

[gappy]

"QUESTION FOR ANYONE:
Now that FCX is a wacky blended-metal play, what is the best equity “pure play” for copper (other than SCCO and the miners JJC and the Canadians) ?? thanks " KATFF IMINF TGB XSRAY Last two are ok. Every one in China still holds their stockpile of copper they use as loan collateral though. No supply/demand play there, CRB needs to head north.

[Cobra]

members only update at 11:49am
http://www.cobrasmarketview.com/2012/12 ... ay-update/

[Cobra]

Hi Cobra,

My first post here,

I want you to know I follow your blog every day ( every night here in india )
I am learning every day from reading your post and all the boardies.
For me this board is unique, and I am amazed how all the friends here contribute to each others knowledge.
from what I learn here, i am also able to trade the Nifty India Index, using similar logic.
I do not understand why the importance of the vote, does it help you in anyway like ads/ free services.
Anyway from now on I will make sure I will click the vote link.
Your calls on AAPL gave me lot of money, i honestly feel your subscription service is very reasonably priced, that even i could afford it

Thankyou once again and thankyou for all the boardies (special thanks Mr.miyagi)

Thanks and welcome aboard!

[flrtrader]

78.6% and slightly under 5dma

Was the area we are now a swing target? I was also looking for a move to your green zon lower but this surprised me.

Scratching head now.

[uempel]

Close up on aapl:

[BullBear52x]

78.6% and slightly under 5dma

Was the area we are now a swing target? I was also looking for a move to your green zon lower but this surprised me.

Scratching head now.

no, just use it as confirmation. the swing line in the sand is still the same. I'll post when I make the next counter move.

[rc1269]

still looks like another blow off to me, just at a lower level vs. last monday.

[StudentBill]

“”””””sucking Cobra-face”””””””

kiss cobie.png

Actually, the most scared animal to me is snake.

As soon as I see snake, I freeze. I cannot describe the fear I feel, that's a true fear, deep from my heart .

I mean real snakes of course, not picture, not those displayed behind windows.

I'm not sure what the issue was but this is THE best forum in my opinion and while I am a sub it appriciate that it is free. Cobra you are the man and I am going to vote right now.

[Xian]

Cobra, Re: "haters"

You're clearly a nice and sensitive person who wants everyone to get along. That's why this board is so great.

However, when you get as big as you are, these "haters" are going to be inevitable. A few basic stats to help you know "the crazy" is everywhere and cannot be avoided (especially at your size):

Percentage of Americans who that think the moon landing was fake: 6%.
Percentage of Americans who that think 9/11 was orchestrated by the the U.S. government: 15%.
Percentage of Americans who that think WMD was found in Iraq: 16%.
Percentage of Americans who believe the earth revolves around the sun: 18%.

So, if your encounters with the crazy run less than 6-18% of your daily life— or conversely, if you can manage your life to be 85-95% crazy-free— you're running ahead of the game and doing something incredibly right.

The bigger you get, the worse it will become. The price you pay for being so good at your job.

[joeynickels]

members only update at 11:49am
http://www.cobrasmarketview.com/2012/12 ... ay-update/

Once again thanks for the intraday members updates. Very helpful for my swing trades and longer term positional trades.

[Petsamo]

It's another one of those non-trading-related posts from Xian:

Cobra, Re: "haters"

You're clearly a nice and sensitive person who wants everyone to get along. That's why this board is so great.

However, when you get as big as you are, these "haters" are going to be inevitable. A few basic stats to help you know "the crazy" is everywhere and cannot be avoided (especially at your size):

Percentage of Americans who that think the moon landing was fake: 6%.
Percentage of Americans who that think 9/11 was orchestrated by the the U.S. government: 15%.
Percentage of Americans who that think WMD was found in Iraq: 16%.
Percentage of Americans who believe the earth revolves around the sun: 18%.

So, if your encounters with the crazy run less than 6-18% of your daily life— or conversely, if you can manage your life to be 85-95% crazy-free— you're running ahead of the game and doing something incredibly right.

The bigger you get, the worse it will become. The price you pay for being so good at your job.

[pezhead9000]

FWIW: Garmin CEO dumps stock - then departs
http://www.bizjournals.com/kansascity/n ... ?ana=yfcpc

[uempel]

Update SPX:

[TraderJoe]

FWIW: Garmin CEO dumps stock - then departs
http://www.bizjournals.com/kansascity/n ... ?ana=yfcpc

He did not depart, he is now EC(executive chairman);
7:00AM Garmin announced that effective Jan 1, 2013 the board of directors has appointed Clifton Pemble to the position of president and CEO (GRMN) 40.68 : Co announced that effective January 1, 2013 the board of directors has appointed Clifton Pemble to the position of president and CEO, succeeding co-founder, Dr. Min Kao. Pemble, who joined Garmin in 1989 as one of the co's first engineers, has been serving as president and chief operating officer since October 2007, and has been a member of the Garmin board of directors since August 2004. Dr. Kao will assume the role of executive chairman, where he will continue to serve as the chairman of the board of directors while also providing ongoing support to the company's strategic planning and business development processes.

[Cobra]

consolidation here instead of pullback is good for bulls.

[pezhead9000]

FWIW: Garmin CEO dumps stock - then departs
http://www.bizjournals.com/kansascity/n ... ?ana=yfcpc

He did not depart, he is now EC(executive chairman);
7:00AM Garmin announced that effective Jan 1, 2013 the board of directors has appointed Clifton Pemble to the position of president and CEO (GRMN) 40.68 : Co announced that effective January 1, 2013 the board of directors has appointed Clifton Pemble to the position of president and CEO, succeeding co-founder, Dr. Min Kao. Pemble, who joined Garmin in 1989 as one of the co's first engineers, has been serving as president and chief operating officer since October 2007, and has been a member of the Garmin board of directors since August 2004. Dr. Kao will assume the role of executive chairman, where he will continue to serve as the chairman of the board of directors while also providing ongoing support to the company's strategic planning and business development processes.

Yes - correct. Dumps stock and is no longer CEO

[TraderJoe]

FWIW: Garmin CEO dumps stock - then departs
http://www.bizjournals.com/kansascity/n ... ?ana=yfcpc

He did not depart, he is now EC(executive chairman);
7:00AM Garmin announced that effective Jan 1, 2013 the board of directors has appointed Clifton Pemble to the position of president and CEO (GRMN) 40.68 : Co announced that effective January 1, 2013 the board of directors has appointed Clifton Pemble to the position of president and CEO, succeeding co-founder, Dr. Min Kao. Pemble, who joined Garmin in 1989 as one of the co's first engineers, has been serving as president and chief operating officer since October 2007, and has been a member of the Garmin board of directors since August 2004. Dr. Kao will assume the role of executive chairman, where he will continue to serve as the chairman of the board of directors while also providing ongoing support to the company's strategic planning and business development processes.

Yes - correct. Dumps stock and is no longer CEO

I think he still owns a large quantity of the stock, he only sold part of it...