Cobra's Market View

Resistance is approx 1803...

I still have bull-spy on volatility
5min

uempel wrote: ...Your photo of the Killer Whale reminded me: many years ago we visited a huge cave with thousands of bats hanging to the ceiling and two huge pythons living happily on the floor of the cave. This isn't my photo, but it's the same cave
http://www.flickr.com/photos/34223057@N00/271690850

WOW
I would like to see a picture of our Cobra "living happily on the floor" of that cave
The bats would be like the penguins, they never see the Cobra coming

DellGriffith wrote:...Maybe ill post an escher drawing.

Just for fun a wild hypothesis with a credibility of 0 percent: is this the outset of a downwards slanting channel

I hate chop days
Bulls are acting like it’s 2013
Sneaking to a new high with no strength behind it

pullback, I'm neutral here as still it can be seen as the 2nd test of day high, although new high, the new high is not decisive enough, so failure here has some chances to mean today's high was in. need see more bars.

Al_Dente wrote:

uempel wrote: ...Your photo of the Killer Whale reminded me: many years ago we visited a huge cave with thousands of bats hanging to the ceiling and two huge pythons living happily on the floor of the cave. This isn't my photo, but it's the same cave
http://www.flickr.com/photos/34223057@N00/271690850

WOW
I would like to see a picture of our Cobra "living happily on the floor" of that cave
The bats would be like the penguins, they never see the Cobra coming

Perhaps he does live there, and we are the bats

DellGriffith wrote:Heh everyone is speakng in code and vague pics everyone is getting confused. XD

Maybe ill post an escher drawing.

besides code and vague picture, the next day we are going to post " I told you so"

Undervalued opening long ETF/Index options sentiment just gave a buy signal

http://www.ise.com/market-data/isee-index/

OT: Just nominated as US Rep Candidate in Las Vegas, so may have to stop posting

for the newbee code word.

Resistance = Sell short or take profit on longs position.
Support = buy or cover shorts position.
Should or could = guessing, no warranty on it.

My code red Arrow down = Sell , green arrow up = Buy

Peace!

uempel wrote:

Al_Dente wrote:

uempel wrote: ...Your photo of the Killer Whale reminded me: many years ago we visited a huge cave with thousands of bats hanging to the ceiling and two huge pythons living happily on the floor of the cave. This isn't my photo, but it's the same cave
http://www.flickr.com/photos/34223057@N00/271690850

WOW
I would like to see a picture of our Cobra "living happily on the floor" of that cave
The bats would be like the penguins, they never see the Cobra coming

Perhaps he does live there, and we are the bats

At least we get some response, nice or nasty
Translation for chop: see XIV today
What to expect on a chop day: choppiness

Breakout in the Gold Miners.

Buy any dips this week!!

Update on the time signals - 60 min points to 11:00 a.m. and the 30 min (shown here) points to 1:30 p.m.

well, guess that's it for today. Tuesday tomorrow has been very bull friendly recently. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

Closing update

Let the games begin - almost no POMO for the rest of the week (only $2.5 billion) - It's all about Yellen and her speach to Congress. We'll see what the agenda is and whether she wants to talk the market up, or let it fall.

Without much POMO this week, the market could take a considerable drop.

If we're looking at an ABC down -> A (90 SPX points down), B (60 up), C (90 down) would put us at about 1709 SPX this week. Then, next week we stabilize and head on up till the end of the month.

Mon, Feb 10, 2014 Tue, Feb 11, 2014 Outright Treasury Coupon Purchases 02/15/2021 - 11/15/2023 $2.25 - $2.75 billion
Wed, Feb 12, 2014 Thu, Feb 13, 2014 Outright Treasury Coupon Purchases 02/15/2036 - 11/15/2043 $1.00 - $1.25 billion
Fri, Feb 14, 2014 Tue, Feb 18, 2014 Outright Treasury Coupon Purchases 02/15/2036 - 11/15/2043 $1.00 - $1.25 billion
Tue, Feb 18, 2014 Wed, Feb 19, 2014 Outright Treasury Coupon Purchases 11/30/2018 - 11/15/2019 $3.75 - $4.50 billion

.

Heck wrote:
OT: Just nominated as US Rep Candidate in Las Vegas, so may have to stop posting

¿This the same RichCash on Shanky's? Oh my. Congrats!! I'd very sincerely assign you middle name Competent.
Posting here though will be very necessary to continue to get our support.