Cobra's Market View

Cobra wrote:now with this pullback, it's clearly overlapping or ZigZag up so it's a corrective up in nature. not good. I'm disappointed.

Guess this should be at least 2 legged dow (?), do you have a target?

Another good fun to kill time: Trading online is just great. I find it really speeds things up. I now get my margin calls 5x faster than before There are primarily 3 different types of investors who post on the message boards. 1. Those who don't know anything: approx. 10% 2. Those who know a little...

Petsamo wrote:

barbaragull wrote:Boring ...

You didn't see the shorting opportunity?

I didn't, although I have some short position, waiting to unload , after that I hope for a wild rally

Boring ...

SB73 wrote:Days like this sure shake my faith in this concept of technical analysis.

Yeah, people need develop Event Analysis (or Anouncement Analysis)

uempel wrote:Barbara, roll over ES to March Wednesday before the close at the latest, never let expire on Friday.

Thanks, uempel.

A newbie's question: if I hold a future contract, e.g. ES, over the expire date, what will happen? Thanks, I have never got chance to do that yet :oops: the answer is it depends. if you r holding es, which is cash settle, then at close of last day of trading, your open positions will be settled in ...

barbaragull wrote:Let's squeeze 600 pts up, then drop 400 pts (in Dow)

Bulls and bears, don't rest, still have 200 more pts to go

Let's squeeze 600 pts up, then drop 400 pts (in Dow)

A newbie's question: if I hold a future contract, e.g. ES, over the expire date, what will happen? Thanks, I have never got chance to do that yet

Oh yeah, just stay bullish/foolish

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?

Where is Buffet, the Qs are so weak

Keep it simple and practical, have faith in the government and fed, let's be bullish (aka foolish) :mrgreen: you sure? no more changes this time? just kidding. :D which gov you have faith in? the obama administration? did u vote for him? here in china i met couple black americans. they told me obam...

Be simple and practical, have faith in the government and fed, let's keep bullish (aka foolish)

Bulls and bears should cooperate: ES go to 1240 first, then come back to 1270, and close at 1257 (I wish)

Boring, bears should stop playing small and weak, give some color to bulls see see

who resigned today? :) Well, it goes like this: (1) Greek PM resigns, rally (2) Italian PM resigns, rally (3) Candidate named for Greek PM, rally (4) Candidate named for Italian PM, rally (5) Greek new PM confirmed, rally (6) Italian new PM confrmed, rally (7) Greek new PM gives message about new p...

Cobra wrote:the open is too stretched should pullback a little at least.

Let's close the gap, then surge for 200 points (Dow)

agnosia wrote:

Me XMan wrote:Watch /ES probably will hit 1230 today?

yeah i have a channel drawn, looks like a huge bear flag on /es, bottom of the flag is down near 1230...

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