02/01/2013 Live Update

[chetas]

Mr Miyagi !
there was a P-bar yesterday in Dow, has the trgt met ?

[Cobra]

members only update at 10:16 am
http://www.cobrasmarketview.com/2013/02 ... ay-update/

[bushwaffle]

Exhaustion candle. Real bears are here

Still exhaustion candle
This is too fishy. We are at top of limitations, this gonna end badly. If 20EMA 1min still shows strength after shake, then have to respect and take shorts loss.

What exactly is a "limitation"?

Limitations are just short term top signals. Confirmation is always on price.

1min 20EMA and ongoing support for today will give us the answer of strength and sustainability.

10-4

[rocket]

DIA P-bar from yesterday was $140.22.

[gappy]

Hedging silver again

Holding short over the weekend. Then we'll see.

This was my original plan 1. after yesterdays pullback I changed it to this 2.

silv.png

The trend is a friend. I just can't buy the "safe haven" maintainence, but continue to look forward to your guidance Mr. KeiZai.

I don´t see downtrend in silver but long lasting consolidation, maybe because I play silver in bigger TF only hedging in ST

sc.png

Yes sir. Agree.

[TraderJoe]

I read in several newsletters, they see Dow up to 15,000 to 15,500 before we top out.
Not my view, ONLY what I read

[jarbo456]

this is the huge up you were talking about cobra...this should put a lot of bears down...

[JFR]

DIA 140.22 not met yet

[JFR]

Big room today. 173 guests. Time for more of them to step up and subscribe.

[kenttown]

Cobra, if ES 1505.50 doesn't hold back to bearish side?

[Cobra]

Cobra, if ES 1505.50 doesn't hold back to bearish side?

Bears only hope is sharp reversal down.

[Tutti]

Big room today. 173 guests. Time for more of them to step up and subscribe.

^^^This^^^

[gappy]

I read in several newsletters, they see Dow up to 15,000 to 15,500 before we top out.
Not my view, ONLY what I read

My theory is the fed and the market dance around at what price the product should be maintained at so as to make one a profit and keep the other as world power broker. One standard deviation above the long term trend line for the short term and add 15% cost markup so SPX 1550 touching low 1600's sometime this year. The instruments used to accomplish this (CBO's, CDO's, CLO's) can be fraudulently constructed though as we have suffered the consequences of before. Then crash, rinse and repeat.

[kenttown]

Cobra, if ES 1505.50 doesn't hold back to bearish side?

Bears only hope is sharp reversal down.

[gappy]

vix.png

[Al_Dente]

vix.png

nice chart

[nightwolf]

0.0.3a VIX and SPX Divergence Watch

Cobra - If we have a higher low when VIX closes do you think the bears might still have a chance in a week or so?

[TraderGirl]

I read in several newsletters, they see Dow up to 15,000 to 15,500 before we top out.
Not my view, ONLY what I read

Don't think that's gonna happen...we top out in the 14,000 range maybe an overthrow...couple hundred points...

[TraderGirl]

5th wave up as called last night...just thought we might be down into the 1/4th, but price stayed within channel...

[gappy]

vix.png

nice chart

http://www.youtube.com/watch?v=LJ5OVKUZVss