Cobra's Market View

Did anyone see a p-bar on the SPY this morning? How already so quickly?

anyone remember what inside days are supposed to signify?

Let's all just focus on what we're here to do. Make money trading. Everyone has an opinion, everyone has their own way of trading. Disagreements should be kept gentlemanly (and gentlewomanly). No need for excessive cheerleading of positions, that's not what Cobra set up this forum for.

swayne99 wrote:WOW-what the heck happened on TLT - any rumors?

10 year bond auction results, treasury sold them @ 1.459%... lowest yield they've sold them @ I believe.

MrMiyagi wrote:

Mr. T wrote:Any guesses on an EOD dump???

FOMC tomorrow is it not?
Statistically it is an up day, I think 100% batting average.

Check
http://www.bespokeinvest.com/thinkbig/2 ... -days.html

rumor only: Lombardi to replace Berlusconi

Just popping in briefly to say hello and wish all well. Been too long for me. Out on business for most of the day. But thought I'd post this for my short-inclined friends - the YTD chart of the SPY with Fib. markers on the right. Shows we're close to the 78% retracement point. :mrgreen: : GLTA, A. ...

KENA wrote:Hope you all are watching the volume..Very low on up and much more on dn.

Past three years, mkt has traded that way. Low volume, high volume down. I have had to disregard "volume leads price" argument for a while now.

if anyone cares about the fundamentals of the situation, this was actually well written, which is surprising considering it came from marketwatch: ...The first is that the private lenders have “voluntarily” (ha ha ha) taken a 50% haircut, which while maybe not quite enough at least presents a possi...

janez wrote:Any aapl shorters here? What is your target? 399.8?I got in 1 deep ITM put around 406.5. It seems weaker than the mkt.

So far, looks like a pretty good bear flag drawing out, would imply 25pts after the break, probably gets you to the low 370s

if anyone cares about the fundamentals of the situation, this was actually well written, which is surprising considering it came from marketwatch: ...The first is that the private lenders have “voluntarily” (ha ha ha) taken a 50% haircut, which while maybe not quite enough at least presents a possi...

if anyone cares about the fundamentals of the situation, this was actually well written, which is surprising considering it came from marketwatch: ...The first is that the private lenders have “voluntarily” (ha ha ha) taken a 50% haircut, which while maybe not quite enough at least presents a possi...

Did that 119 pbar disappear for anyone?

Cobra wrote:

dr659 wrote:

Cobra wrote:L2 short on EMA20, not sure. let's see.

Is that a Pbar on that chart? If it is does it mean anything yo you?

p bar may require several days to work.

That's like 38-39 handles from here. it better take a few days or the vol traders who are short are gonna get killed.

pablorynx wrote:pbar 121.65

sorry, false alarm, just refreshed and pbar went away. I think I'll just wait for Cobra to speak up instead of my wishful thinking.

is this a first? does no one else see that phantom bar?

pbar 121.65

just FYI, Opex max open interest is 1200. Next is 1225, hahahahaha

MrMiyagi wrote:

pdz wrote:the 120.1 p-bar disappeared!

My broker still shows it.

Still shows up in Bloomberg. Next time I call out a pbar that doesn't work, pls call me out. So far been thinking that all pbars i've been calling out have come to fruition.

Is it time to short again?