Cobra's Market View

AAPL short from last Friday's divergence pays off today.

Master Cobra,

Divergence for AAPL at testing previous high. It is good place to try a short here ?

Thx.

Yesterday it was NR7. Breakout either way is expected.

Master Cobra,

Are you still expecting 80%+ chance yesterday + today's gain will be wiped out ? Thanks.

The vix is strange for the last 2 days. It moves in the same direction with $SPX.

It was a big fight at ES 1400.
Benanke and Co. tried very hard to hold. But failed.

understood, by the V-shape after the turn was scarely in the last occassion

Petsamo wrote:

trader_jay wrote:good piece on ZH on why the markets are rally today

http://www.zerohedge.com/news/why-we-are-rallying-today

That's a viewpoint of one Monday morning quarterback. We don't have a shortage of those.

hi, cobra,

does the overnight low 1287.25 qualified as a lower low as mentioned in your report ? or are you looking for a lower low a few days or mabybe a few weeks later ?

thanks very much

good piece on ZH on why the markets are rally today

http://www.zerohedge.com/news/why-we-are-rallying-today

Richard Russell - Hang on to Gold, Massive Collapse Coming

http://kingworldnews.com/kingworldnews/ ... oming.html

... Madoff was the 2008 fall guy when people, IMO, like The Lloyd and Jamie Dimon should be in the adjourning cells in the same prison. ... I don't think the markets will be tradeable in 5 years, if not shorter, due to taxes, regulations, and lack of participants. In researching a novel I came acro...

lol thanks for the kind offer; but there are much better datafeeds available anyway I used to be able to connect to TD Ameritrade from Ninja Trader ( by calling Ninja customer service, mine is multi broker liscence ). But it stops working after TD A stop streaming data. anyone know what the requirem...

I used to be able to connect to TD Ameritrade from Ninja Trader ( by calling Ninja customer service, mine is multi broker liscence ). But it stops working after TD A stop streaming data. anyone know what the requirements are to get TD Ameritrade to allow you to connect through a 3rd party applicatio...

recent history shows, NFP days are more like open high and close higher

Becasue of QE and inflation over the years, now 500 Billions is equalant to ???? Billions.

Sort of agree with the timing -- a bit off. But for last few top and bottom calls, locations were almost perfect. Mark his words here, next Tuesday open or close will be a top if Monday is a higher high close. ( If not, wait for the next close in the higher high sequence. ) Will check back a few wee...

He nailed this rally from Nov, when spx was about 100 points lower.

FinancePhD wrote:

trader_jay wrote:Good news and bad news for bears:

On Bloomberg a few moments ago, DeMark just called the market will top out next Tuesday. But it will be 20-30 ES points away.

I saw it as well. But was his previous prediction accurate before?

Good news and bad news for bears:

On Bloomberg a few moments ago, DeMark just called the market will top out next Tuesday. But it will be 20-30 ES points away.

Cobra wrote:well, as I said, H&S RARELY works, I'll forget about this pattern for awhile.

too many are watching h&s pattern and HFTs take notice

failed h&s pattern usually runs hard, either upside or downside

Maybe it is better to get some input from your wife. No doubt you are very good at technicals, but she may have better marketing ideas. lesson number 1: always blame the spouse :mrgreen: :mrgreen: :mrgreen: we're not together for the last 2 years. I specifically told her not to come back last year, ...