Cobra's Market View

Hi, any options experts here? I am seeing this box spread right now, and I've always wondered why it's not arb'd away. Guaranteed 3% + return in 1 month in a ZIRP environment? Doesn't make sense to me.

A close here means daily double doji after a strong push up

JFR: I post all of my trades and own up to them, show me someone else who has that level of accountability on the website, including yourself. You are a trouble maker. You've been here since September. tbviewer is a valuable member of this board and I have made some money from his calls. I can't im...

JFR: I post all of my trades and own up to them, show me someone else who has that level of accountability on the website, including yourself. You are a trouble maker. You've been here since September. tbviewer is a valuable member of this board and I have made some money from his calls. I can't im...

JFR: I post all of my trades and own up to them, show me someone else who has that level of accountability on the website, including yourself. You are a trouble maker. You've been here since September. tbviewer is a valuable member of this board and I have made some money from his calls. I can't im...

pbar on interactive brokers? anyone else see it?

jademann wrote:power hour

Al_Dente wrote:existing home sales and phila fed mfg index at 10:00 ET

both positive

MrMiyagi wrote:So half an hour to the close, we have to ask ourselves; is this the pump before tomorrow afternoon's dump?

i would think that only ben knows the answer to that question..

i hope there is some power this hour, today was a real yawnfest

If it's any comfort, you thinkorswim users are not missing out on anything today

morning prices are not confirmed by volume

best for bulls if we see some high volume red bars for consolidation

Mr Miyagi, do you ever take trades based on them or do you just use them as a reference? NO NEVER!!! I will sell based on them though as they do often stop a price move. Base your buying decisions on real analysis provided here, pBars just as a "good to know" backup confirmation. How can ...

Can someone tell me what a p bar is? :( We see these come up mainly on SPY IWM QQQ and DIA as well as some stocks like AAPL IBM and others. Although we don't know the exact source, we have debated this a million times before, commonly we believe they are the HFT trading machines slipping up and &qu...

Can someone tell me what a p bar is?

wayne0708 wrote:Anyone long?

me

If tomorrow is lower, time to load up the truck.

Like Cobra said on May 22nd (first meaningful pullback...)

And also this is the first time that S&P is testing the 50DMA in a while. Time for a big bounce!