Cobra's Market View

Me XMan wrote:Initiated short position...

You say that every day, no? Just wondering, do you cover each day or just continue to pile on short?

Haha I love how zerohedge was making such a "superb" post on gold bouncing off the 200DMA and saying its a great entry.... while on the log charts we broke support a long time ago. Bias kills people. You wouldn't believe the amount of crap zerohedge puts out and the amount of morons that ...

Mainstream media are all bulls...sssh*t and too much of it. Need to have a balance view from both sides. Writers over ZH are very knowledgeable and insightful. They're way ahead of the game. They certainly are, I like the fact that they present an alternative view from the permabull mainstream medi...

Russell and Nasdaq leading now. A day or two of rest/consolidation (like in April midway through the rally) would be nice before this thing resumes its santa run to S&P 1280 - 1300 IMO. http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p45632108416&a=251008969&a...

Me XMan wrote:hmmm... it's time for another chunk of SPY shorts.

heavenskrow wrote:Cobra/Donator special
USD/JPY resistance often leads before huge reversals...

HO HO HO

intraday: consolidation at highs = more highs? I think that's a Cobra tip if I'm not mistaken.

Ahh... I see market is getting ahead of itself once again :D here comes the breakout. You should get your rest/consolidation soon. But don't stay short for too long. On the way to SPX 1280 - 1300 IMO. Don't mess with Santa. TNA from 39.56 on Monday at close. http://stockcharts.com/h-sc/ui?s=$SPX&am...

Ahh... I see market is getting ahead of itself once again :D here comes the breakout. You should get your rest/consolidation soon. But don't stay short for too long. On the way to SPX 1280 - 1300 IMO. Don't mess with Santa. TNA from 39.56 on Monday at close. http://stockcharts.com/h-sc/ui?s=$SPX&am...

Russell & Nasdaq lagging now.

I posted this chart pattern last Thursday/Friday and said I was looking for one more big down day Monday, and then big gap up Tuesday. I posted my TNA buy on Monday a couple minutes before close. Both happened. Thinking we head towards the SPX 200MA at around 1259, and then pause/consolidate down f...

I posted this chart pattern last Thursday/Friday (a few times - and I took the laughs :lol: ) and said I was looking for one more big down day Monday, and then big gap up Tuesday. I posted my TNA buy on Monday a couple minutes before close. Both happened. Thinking we head towards the SPX 200MA at ar...

noob wrote:I wonder if anybody else remembers: I always remembered that p bar.

viewtopic.php?f=2&t=381&start=300

So that one took 3 weeks?

Lucky I covered half yesterday. Now wait 1hr and see with this big gap up. TNA up 6.5% from yesterday's purchase at the close. I don't want to say "I told you" but....santa is here. Same exact pattern over the last month as March - April - and in mid April up up and away. My chart from Th...

Shorts gonna get run over by a reindeer next two weeks IMO.

If the pattern from March - April holds true and continues, the S&P highs should be tested. Maybe 100 S&P points in 2 weeks? Bulls can have a X-mas wish I guess :). I know Cobra doesn't adhere to front-running, though interesting to see what develops the next 2 weeks. Blow off top I think. g...

Lucky I covered half yesterday. Now wait 1hr and see with this big gap up. TNA up 6.5% from yesterday's purchase at the close. I don't want to say "I told you" but....santa is here. Same exact pattern over the last month as March - April - and in mid April up up and away. My chart from Th...

Damn! Do I feel lucky and play the gap down tomorrow? Or take the profits and run? Market is smelling fishy over Eurozone. One day you wake up and no more EURO. Too bad. SPX closing near low ain't looking good for tomorrow. Big gap-down tomorrow? Nope. This is the last flush. Market about to call a...

Me XMan wrote:CALLING SANTA!!!

LOL

Bought TNA 39.56 for a swing.