Cobra's Market View

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Huge gap down below Friday's low, so the gap might not be filled.

The rebound is strong, so guess the rebound has legs, but the initial sharp down was strong too, so guess might be another leg down at least a higher low. So here's the idea of what's next:

the week's stock picks are here: viewtopic.php?f=10&t=856&p=122636#p122636

members only update starts here: http://www.cobrasmarketview.com/2013/03 ... ay-update/

Well, ES oversold bounce target hit to the dot, and same as the tight stop. Not bad bots.

-Extreme oversold signal worked well at least

Now, let's see if we can short this bad boy down to 1510 or retrace to friday

Unique wrote:Well, ES oversold bounce target hit to the dot, and same as the tight stop. Not bad bots.

-Extreme oversold signal worked well at least

Now, let's see if we can short this bad boy down to 1510 or retrace to friday

I'll argue for a retrace... A lot of people didn't appreciate missing the opportunity to short.

GOOG BEING A BARGAIN IN PREMARKET!!!

AAPL, ES and GOOG Update

By the way, those bastard, now we understand why so hug outflow last Friday. I thought it was just OE effect. It's not that so I guess now.

Closed shorts in premarket 154.39. Wait and see.

Cobra wrote:By the way, those bastard, now we understand why so hug outflow last Friday. I thought it was just OE effect. It's not that so I guess now.

Few of those big banks might have been advising the EU.

Does Cyprus change the fact that Apple and Intel alone have $60 billion in cash to put in the markets? Do investors know how many retail 401k accounts would be needed to even come close to this total?

Intel: 18 billion
Apple: 40 billion

The total cash for all american corporations would well exceed 1 trillion dollars, a huge chunk of which will continue to be used to buy back their own shares and pad their own stock options. Wouldn't you do the same if you were CEO and could do it?

gasprice wrote:Does Cyprus change the fact that Apple and Intel alone have $60 billion in cash to put in the markets? Do investors know how many retail 401k accounts would be needed to even come close to this total?

Intel: 18 billion
Apple: 40 billion

The total cash for all american corporations would well exceed 1 trillion dollars, a huge chunk of which will continue to be used to buy back their own shares and pad their own stock options. Wouldn't you do the same if you were CEO and could do it?

The money ain't in the US

the open.

viewtopic.php?f=2&t=854&p=122497#p122497

Congrats if you bought the Friday dip.

Extreme oversold worked

Unique wrote:GOOG BEING A BARGAIN IN PREMARKET!!!

GOOG bargain too good, shot first bullet

IWM

Let's wait until this whippy action clears

Support areas:

L_T,

STZ hit— you're welcome! (Said if I gave up the hunt it'd pop)