Cobra's Market View

just kidding. if the dollar keeps dropping like this, eventually I have to ask you guys for money (because I earn dollar but spend in CAD and this is true that I lost more than 40% of my properties simply due to dollar depreciation! those who live in US don't have single idea, how much dollar depre...

Small gap up within the Friday's range so the gap should be filled and the day likely be a range day. As mentioned in the weekend report, I expect the Friday's high to be revisited today and if the high is decisively broken, then bulls are invincible otherwise there's chance that we may see a 2 leg...

Cobra wrote:

simpletrader wrote:wait for vix to crush to start short.

I guess I say this may sound silly, but I think tomorrow will be green.

What is the reason?

Cobra wrote:both bear and bull need pray here.

Which is bear and which is bull?

Cobra wrote:Funny, market pretends not to see oil up. Perhaps $150 oil is good news now?

Last time when the oil was 150, the stock market was all time high

If the 2/1 pattern play put, we'll see a new high soon, like early next week. I used to short this market, now I give up and play some longs for a change. Difficult to fight POMO and Fed, it's their intention to move up the market, unless they run out of money(until June), only oil to 150 can stop ...

Cobra wrote:The opening.

Cobra: good call to say today was going to be like 2/1

Cobra wrote:

seafood wrote:so may not have a 2nd leg down if rise 1%+ today?

Up 1%+, bears are almost dead.

What is the reasoning?

Sold all my shorts(BGZ,TZA,etc) last week for a loss. Now wonder if finally the market will turn since I am not short any more. :) Anyone like VXZ or even VXX here, on a strong market rebound today? Or it's still the losing way to trade? Both VXZ and VXX have a time decay problem, of course, if you...

Cobra wrote:

verve$ wrote:Hi Cobra, can you please make the post message appearing in descending order.
Default is - Post Time - Ascending

Better would be Post Time - Descending.

Thanks

Depends on how many people want this?

That would be nice

verve$ wrote:Mraket will close at 1341. Barnake just called me a while ago.....

Did not know Bernake also controls the market closing price

slcgh wrote:AAPL today looks a little bit weak

Maybe this has something to do with it?
http://blogs.forbes.com/clareoconnor/20 ... zzi-photo/

rbharol wrote:

lilyywwang wrote:你这个签名是查IP的吗？就是我在的地方，看得我心惊。

I wish I could read chinese..

Your signature always show something about my IP and location ( I guess lilyywwang's on his/her screen). It is a bit scary to him/her.

black wrote:i don't think this is top, at least i definitely will not short here.

What is your reason?

vsedge wrote:I tested on SPY and VIX. I just noticed this a couple of weeks ago.

Thank you for your information

Thanks a lot, Cobra. GS is trong this week, and its vlolatility data (^VXGS) was positive in the last week too. But GS is clearly in a bearish rising wedge on a daily chart. So I am confused. As far as I know, the hedge fund is buying and at the same time well hedged, so it's very unlikely to sell ...