Cobra's Market View

....also thinking that end of month may hold off some sellers till Monday ?

Bank of Japan's (BOJ) two-day policy meeting, due Friday

so I would speculate, the final "definitive big" move would be after this....

my bias is down

I am guessing S&P changing the remaining time on the financial doomsday clock (downgrading Deutsche Bank) was the reason for the large fast drop around 11:30. So with the European market sell off being blamed on the Italian bank bailout being scuttled (No you cannot treat us like Cyprus we are ...

explosion in Turkey

Ergodan arrests 2 pilots who shot down russian aircraft earlier this yr.

A deal is in the making.....alliances changing.....cold war re starting.....and my PUTS/VIX....not moving

superxy wrote:

sleeman wrote:added spx puts 2050 $5.50

which day？

august 18th expiration

added spx puts 2050 $5.50

just bought a few puts , perhaps a turnaround tuesday tmr, spx 2050 $6.00

Trades with cats wrote:

sleeman wrote:buy 50.25es

Great Job! Looking more and more like you nailed it.

thks, taking it off the table now. ...looking to buy a put for the weekend

buy 50.25es

what are % on gapfill upon cracking

buy cover,,,46.25 waiting for direction

sleeman wrote:

sleeman wrote:

sleeman wrote:scalping to short side....in and out

seel44.5

admittly terrible entry

try again 47.25

sleeman wrote:

sleeman wrote:scalping to short side....in and out

seel44.5

admittly terrible entry

sleeman wrote:scalping to short side....in and out

seel44.5

scalping to short side....in and out

range day?
at least close the gap to 45es


Speaking overnight in Australia, the Fed's Loretta Mester said "helicopter money" could be considered to stimulate America's economy if conventional monetary policy fails.

BullBear52x wrote:

sleeman wrote:sell covered, reverese to quick long

covered your short and went long? just want to clarify?

i am still short will not reverse to buy until the next dip buying.

correct, keeping an eye on 50es....but ready to switch back

sell covered, reverese to quick long

short 40.5

Trades with cats wrote:I have a sell signal at ES 2043 but I want to see another strong bar or two before I trust it. The dynamic support resistance indicator says 2134 would be the first target.

thks for this note