Cobra's Market View

Note that the only McClellan Oscillators in the green are NYMO and the McClellan on small caps (and that one’s on SML, the 600 small caps; we don’t have a McClellan for IWM/RUT) Both are weak but at least they’re green…….. 66nymo.png Hey Al, Here's a link to McCellan for IWM http://www.etfinvestmen...

Thanks Al, understood :D PAGING ED: U r right But the volume sticks (one min only) were red which means they were on a downtick which means bear bias btw for reference: a ONE million share volume stick is a lot of volume for one min 20, then 13, then more RED sell volume sticks are HUMOUNGOUS To rep...

thank you Al for your sane and wise comment. you exhibit the tact i lack to stop the petty and hateful things that are being said with the lack of understanding that others on this board may be offended.

you're US anarchy quote was kind of wacky... Are you really serious? I actually have met that guy and shot with him. He is in his late 50s and overthrew two Russian satellite government as well as fought in Afghanistan. Russian Special Forces guys are not to be trifled with. Plus, they have no sens...

paging al_dente... There’s no perfect real time muni yield tracker. MMD, which is the AAA benchmark muni scale, is published once a day. It consists of literally some dude at Thomson Reuters that calls up six broker dealers and asks them what their bid ask is on a basked of natural AAA names. That’...

OB messages: It's like I tell you gIve me the money I will tell you how I will invest it later, People are so ________ (please fill the blank for me) People are so confused. example: we're happy to allow the government to subsidize medical expenses for people older than 65. in fact most knee and hi...

Today is a sad day. My data provider realized I was getting realtime data for free and unglitched it... Now I have no more realtime unless I pay..... :( :( Ha-Ha-Ha, just pay them if your account green. :D but soooo expensive =[[ try Interactive Brokers with QuoteTracker. That's what I have and it'...

ramram wrote:Obama is great at speaking - but not much else

yeah, he makes a lot more sense than the last guy, doesn't he?

nonabear wrote:Is there news in Europe...their markets are moving down hard...driving our futures down.

french downgrade rumor

well, as I said yesterday, the 4th leg down and unfortunately it's still strong, so need more evidences before calling a possible reversal. this market really is sick. :o Hi Cobra, Do you watch TRIN to determine if a trade-able bottom is in? I notice TRIN today is not as high as the last 2 days and...

Go Get'em Karl The House controls the purse strings. Period. If you don't like that it's just tough crap - that's The Constitution and there isn't a thing you can do about it. The House is saying no more credit - we will live within our means. Your two choices, and President Obama's, are to either:...

any body know what made the market pop?

Cobra wrote:

rola wrote:Cobra what do you say about VIX (15,37)
Thanks

not low enough. when momentum is strong, nothing matters, don't fight even you don't believe it.

Great advice Cobra

Good morning. Nowadays, the market seems to be driven much by event (as excuse). Just wonder: the Greece vote 'yes' should be a no surprise (if 'no' then would be a big mess :o ), how come people are so crazy to push up the market so much good morning. to trade the market i have learned to not ask ...

SPX Why leave home? http://99ercharts.blogspot.com/2011/06/spx_23.html Still short. Still looking for a new low and a break of 1249. Maybe today? Silver and gold are also still ripe for more down. Happy trading. Hi Anaconda, I'm new to this board and this is my first post. Watching the QQQ's, IWM a...