Cobra's Market View

Did the Trading Market exit condition end up happening since the market pulled back a bit? Are there any other long setups still open?

I feel like we're witnessing an epic battle in the market last few months and we're nearing the culmination

did anything happen at 2:35 to precipitate that little pop?

Anyone have any insight on natural gas? Any bottom in sight? I entered a bit last Wednesday thinking I could catch a double bottom and its gotten hammered the last couple days.

Very interesting chart pattern noted by TOM...per his blog. It has very good performance stats. And, it can be seen in loads of places in market now. I have calculated 222.747 on SPY and SSO which shows approx up at 148.675. http://thepatternsite.com/aiscallop.html Thanks to CLETUS info on PSX. Tha...

Why are people giving FG a hard time? I always look forward to FG's contributions to the board.

Is there any chance the market can give back all its gains for the week (about .58% at the moment) and create a nice weekly doji?

Interesting that the VIX never hit yesterday's lows despite being higher today

Looks like we're hugging the weekly 50MA. A similar point last closed at at the November 12 dip. I think remaining above this point is key.

What do you all make of the VIX still being so elevated? Even after today's rally so far?

I got a very complacent around 2ish thinking we'd cruise to a doji finish and now stuck a little long. crappy finish to what was otherwise a decent week

DellGriffith wrote:This is because about 20% of the time, the indicators all flash SELL but the market keeps rising and never even breaks the trendline.

^^ Seems well more than 20% of the time to me (though no official calculation on this). Maybe I'm just using the wrong indicators

uempel wrote:I've got a time signal on the 60min for tomorrow and Friday - both at noon:

What does that signify to you?

This afternoon is the most disheartened I've been about market all year. On top of being overly reluctant to get bullish this past week (even on short term trades), or just generally like today not seeing any major day trade opportunities, some of my small cap positions have gotten rocked the past t...

Anything happen at 11:20 that caused this thing to pop?