Cobra's Market View

Small gap up, so the gap will be filled and good chances a range day today. The Global ES looks not bad, had a higher low and higher high although the 2 push up overlaps so probably just a rebound not a strong push up ahead? Oil continue higher. And by the way, I've changed the URL of this board from http://www.cobrasmarketview.com to bbs.cobrasmarketview.com, so if you have a bookmark, please change it as well. The original http://www.cobrasmarketview.com is now doing auto redirect but the auto redirect will be removed soon.

Morning.
Nice day to be a bear.

NQ
A bearish Gartley Pattern (letters) and a bearish Wolfe Wave (numbers) point to a big red day today. NQ target? 2228.
http://99ercharts.blogspot.com/2011/03/nq_07.html

Good luck.

Saudi Arabia stock index has been up the third day ... the fear of instability is going away?

TASI 5,950.74 188.24 3.27% 2011/03/07 17:03:14

Good morning,
Here is my plan, bad plan never better than no plan, nothing good comes out from a bad plan, so this is a good plan

Breaking up here be careful Bears. I don't think it will, GL to all.

EURUSD
Topped? WW target of 1.3421.
http://99ercharts.blogspot.com/2011/03/eurusd_07.html

Sorry, if price continue higher from here, then there'll be no overlapping.

TOS doesn't adjust spy dividend, can hardly do a Fibo analysis

BullBear52x wrote:Breaking up here be careful Bears. I don't think it will, GL to all.

The opening.

New week...FYI stocktiming.com for this morning says Institutions are neutral i n there buy/sell. ...Dollar is on a danger low point and must hold...Banking index down slightly...Use caution in trading...Not much new

BullBear52x wrote:Good morning,
Here is my plan, bad plan never better than no plan, nothing good comes out from a bad plan, so this is a good plan

thanks for sharing the chart, my plan exactly the opposite but for scalping. I will short Dow 12200

You Guys are ahead of me ...I'm just waiting for a direction.

The phantom Bar target reached.

Dow Trader wrote:

BullBear52x wrote:Good morning,
Here is my plan, bad plan never better than no plan, nothing good comes out from a bad plan, so this is a good plan

thanks for sharing the chart, my plan exactly the opposite but for scalping. I will short Dow 12200

Tech and financial is where to short today.

greenback wrote:Saudi Arabia stock index has been up the third day ... the fear of instability is going away?

TASI 5,950.74 188.24 3.27% 2011/03/07 17:03:14

The index made a new 52 weeks low and broke the 6000 level then bounced. last week the index lost 13% so it is volatility there now. and the goverment announced yesturday that they will buy some stocks so the index went up 6%. But the real reason for last week decline and yesturday's advance was to calm the expected unrest in that country which rumers says it could start in March,11

99er wrote:EURUSD
Topped? WW target of 1.3421.
http://99ercharts.blogspot.com/2011/03/eurusd_07.html

I am short EUR from Eruop session at 1.4025 my target 1.3985
wish me luck

Measured move, could go as high asES 1330+. Oil is down now, if can close like now, it'll pullback for a day or two which is good for stocks.

I shorted Dow 12200 for 20 points

SPX
Mojo, Ben's Boyz. Where's your mojo?
http://99ercharts.blogspot.com/2011/03/spx_07.html

Damn Fed won't let this market down.