Cobra's Market View

Cobra wrote:resistance. Normally a consolidation like this under it means the resistance will be broken.

Overnight, this was broken (remember it reached 121.xx), but guess that don't count?

BlackThought wrote:Cobra how can I block someone so that I don't see their post on the thread?

Hi -- go to user control panel and then "friends and foes". foes are not visible.

Petsamo wrote:RIMM must have gotten some good news

Petsamo, do u use this site… short interst history on nas stocks.
Eg: compare aapl short interest reduced by 22% over last month, while rimm shorts are still strong (squeeze?) also note rimm “days to cover” almost 2 days, compare with amzn shorts still strong with same almost 2 days to cover, etc, etc…
http://www.nasdaqtrader.com/Trader.aspx ... rtInterest

Shorted ES at 1199.50

Honey?

SPX http://99ercharts.blogspot.com/2011/11/spx_301.html

What's for lunch today?

Skiing after lunch?

99er wrote:Honey?

SPX http://99ercharts.blogspot.com/2011/11/spx_301.html

What's for lunch today?

Market neutral.
Had a pilot short yesterday that was stopped out during yesterday's closing spike for small profit.
In spite of gain, technicals still look weak. Looking to re-establish short at higher prices.
Mechanical model is in sell mode.

Today is interesting for Tom DeMark followers. I believe a TD Sequential Setup buy signal will trigger today with an SPX close <1188.04. Above that, the setup is nullified, which I guess would keep followers of this signal on the sidelines.

Al_Dente wrote:

Petsamo wrote:RIMM must have gotten some good news

Petsamo, do u use this site… short interst history on nas stocks.
Eg: compare aapl short interest reduced by 22% over last month, while rimm shorts are still strong (squeeze?) also note rimm “days to cover” almost 2 days, compare with amzn shorts still strong with same almost 2 days to cover, etc, etc…
http://www.nasdaqtrader.com/Trader.aspx ... rtInterest

I have no clue what's going on there. I have a degree in accounting, not finance.

Already?

Dow Trader wrote:Shorted ES at 1199.50

me expecting low 1180 as first stop. this market is a little bit too overbot.

AMR is trading, fellas. -85.8%

Did you say lunch?

http://99ercharts.blogspot.com/2011/11/ ... ty_29.html

How about a Boating Party?

ultramarine wrote:

BlackThought wrote:Cobra how can I block someone so that I don't see their post on the thread?

Hi -- go to user control panel and then "friends and foes". foes are not visible.

Thx!

Me XMan wrote:Already?

Dow Trader wrote:Shorted ES at 1199.50

I will add more if makes a new high for the day

Skiing after lunch?

RUT http://99ercharts.blogspot.com/2011/11/rut_29.html

Sounds good. First...cheese fondue with toast.

Anybody looking at the XOI run-up?

Intraday
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =247748592

broken as I said, now the MA200 (red curve) is the resistance. I believe the price will hanging there for awhile.

NUS is another possible good pick..It has had a good PBOH..Previous pick FIO is doing ok.These are swing trades.Watch the mkt they will go with the trend.

Apple wrote:Anybody looking at the XOI run-up?

XOI oil and TRAN strongest on my little board today so far

“If you want to make an apple pie from scratch, you must first create the universe." [Carl Sagan, Astronomer]