Cobra's Market View

silkway wrote:Hi, did anyone get spy phantom bar 112.32?

many 322 combos in there dont like that symbolic to power elite...little conspiracy in afternoon...

hiram

hey guys what do you make of the money flows today seems many are selling into this strength?

hiram

sometimes only looking at things from a ta standpoint will leave u high and dry, over the next days and weeks people are going to wake up to the fact that dividend stocks make much more sense than gov fixed income. ultra low intrest rates will never be bad for equity, economics 101. at the decision...

Tabby wrote:Did anyone see Fas drop to $8.72 today?

i did, and i bought, lol.... banks make huge spread on low intrest rates, plus they pay dividend.

hiram out..

p.s i hold over night

sometimes only looking at things from a ta standpoint will leave u high and dry, over the next days and weeks people are going to wake up to the fact that dividend stocks make much more sense than gov fixed income. ultra low intrest rates will never be bad for equity, economics 101. at the decision...

sometimes only looking at things from a ta standpoint will leave u high and dry, over the next days and weeks people are going to wake up to the fact that dividend stocks make much more sense than gov fixed income. ultra low intrest rates will never be bad for equity, economics 101. at the decision ...

bear trap,, minutes accomidative to equity,, what part of low intrest rates hurt equity again???

banks benefit from this decison as of now they are not comfirming more to the down side.

Hi y'all Guess some trader deem this level as a steal. They'll regret it tomorrow when they see es @ 1177 GE and good trading i will go on record now and say this is the bottom (within 10 points of the low today) i was a bear at 1360 when no one else was and at that time predicted that when we got ...

ALL HAIL 99.......


hiram

Even with an announcement of QE3 next tuesday. Retracements are likely a selling opportunity.. end of Aug, SPX ~ 1140, RUT ~ 680 anyone? i say no way, bottom here now or vey close. this was the same type retoric i remember last year during push down to july lows. then the market exploded to the ups...

my aapl 375 puts are up 200% today lol. i bet most thought i was nuts. i am very close to becoming a bull now tested the waters with a tna call purchase at the bell.

hiram

Do you think there's a grand plan to get QE3 by driving down the market to make Benny to act? i think you are exactly right in this assumption, my view is a major bottom is about to take place that will kick off a rally (QE3) heading into x-mas that will indicate a major long term top at which poin...

davros wrote:RIMM is flying today, no idea why

i heard last night that rimm will be releasing the new bold in 2 weeks, this data came from a key employee in waterloo ontario. take it to the bank. thanks everyone especially cobra for all the hard work

hiram

i cant help but think there will be strong selling into the bell who will want to hold over the weekend? clear trend of selling into last hr over last couple weeks, i remember when that was the opposite.

hiram

im back in my apple puts at 5.10 on the bounce, this should be good for a nice ride..... thanks everyone for hard work, and just wanted to give cobra props for evil plan!

thanks hiram

cougar wrote:NDX 130 min: the image of complacency

why do you say that?

thanks hiram

nice chart very very nice chart.

hiram


just sold my apple puts for 33point on the day, thanks everyone see you guys tomorrow

cougar wrote:Without “divine intervention”, IWM short term target should be = 79.3.

then what? ....lol


hiram

woot woot!

hiram