Cobra's Market View

anyone watch /NG...natural gas? it's been getting absolutely smoked...cents away from multi-year lows. i bought some at the last test, but i'm starting to wonder if we're going to visit the '08 low of 2.40.... natty gas just been losing value slow and steady...weird thing to trade. UNG is an altern...

Petsamo wrote:The Nikkei & Hang Seng dropped their markets from their open; India stayed flat. So, how come Europe is so excited? Europe closes one hour after US starts trading ...

2 hours after.

WTH, I cannot short spy. no shares available. WTH is going on? I cannot sell short spy shares. Anyone in the same boat? Trying to fill my orders for the last 10 mins now. :( nooooooooooooooooooooooooooooooo, there goes all that money I could have made. :( aaaaaaaaaahhhhhhhhhhhhhh there's a million ...

From Sentiment Trader:

This could be 7th time in history S&P went -3%, +3%, -3%. 5 were in the '30s. By 3 weeks later, all 6 were positive, +6.2% average.

alvian33 wrote:yeap, Cobra is great, some calls can be off, but this is the business of trading, overall he rocks

no doubt. We're lucky Cobra provides his insight for free. There are plenty of people charging lots of money for worthless garbage. The name Aphahorn comes to mind.

cobra, still think an accelerated car can not back down :) still think we make new highs? this market is crazy back test the high still is possible, it's really rare we simply tank from here. but anyway, who cares, I'm shorting now. will worry about bulls the other day. :lol: Wow. That's a pretty c...

Keep an eye on the high beta garbage. For some reason, they seem to lead the market lately, and yesterday they didn't show any signs of slowing. Today, they seem to be rolling over after their initial pop. I'm not sure what it is, but I think maybe the algos front run with these stocks to get the m...

Keep an eye on the high beta garbage. For some reason, they seem to lead the market lately, and yesterday they didn't show any signs of slowing. Today, they seem to be rolling over after their initial pop. I'm not sure what it is, but I think maybe the algos front run with these stocks to get the mo...

OK no winner, a draw day. wasting nice sunny day. Umm, that was no draw. The bulls won today easily. Look at the internals particularly high beta stocks. Bears had an epic fail again. Sitting right near the highs afterhours, up 10 handles off the lows. You're deluding yourself if you think today wa...

OK no winner, a draw day. wasting nice sunny day. Umm, that was no draw. The bulls won today easily. Look at the internals particularly high beta stocks. Bears had an epic fail again. Sitting right near the highs afterhours, up 10 handles off the lows. You're deluding yourself if you think today wa...

bear trap laid again this morning. all you have to do is watch the high beta garbage, none of which sold off.

where's the guy that was guaranteeing me 110 handles if I went long yesterday?

"I don't know, but I know the S&P will make new highs eventually. So the question you can ask is, do you want to game the short term moves or just hold until the S&P hits new highs? In other words, would we rather get a guaranteed 110 S&P handles from here or try to short for the la...