Cobra's Market View

TraderGirl wrote:

heavenskrow wrote:

TraderGirl wrote:Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

Tradergirl, look at GM too breaking down from support today.
Also Ford had a weekly close below the red weekly candles giving us an earlier hint

GM sitting at support created by the Oct and Dec 2011 lows....

heavenskrow wrote:

TraderGirl wrote:

heavenskrow wrote:

TraderJoe wrote:Hi,
From what I read, it trades like a stock, moving with buyers & sellers, not the vix..

yeah it definitely does not track the $VIX 100%. It's like playing with the devil.

HK, were you around when the whole TVIX issue happened?? CS stopped supporting the etf, the shares tumbled....

http://www.businessweek.com/news/2012-0 ... -low-price

http://www.marketwire.com/press-release ... 664061.htm

wow i had no idea whatsoever. maybe that's why my other friend was saying he preferred UVXY than TVIX. thank you so much for sharing

heavenskrow wrote:

TraderGirl wrote:

heavenskrow wrote:

TraderGirl wrote:Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

Tradergirl, look at GM too breaking down from support today.
Also Ford had a weekly close below the red weekly candles giving us an earlier hint

GM sitting at support created by the Oct and Dec 2011 lows....

just used TDAmeritrade to chart it. ProRealtime shows different things.
ProRealtime=breaking support
TDAmeritrade=holding support. =p

Al_Dente wrote:

uempel wrote:

Al_Dente wrote:

uempel wrote:Al, do you remember your baby... I use it daily
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250236810

Oy, what a handsome chart
btw: My intraday renko says the flag turned down at downward sloping MA resistance... again
INTRADAY ONLY; CAN CHANGE QUICKLY
[“My” chart stolen from benandlloyd]

725renko.png

Al, I like your intraday Renko, here a daily with exotic settings - not my idea, but it was love at first sight
PS: What are the settings of your Renko?

Renko1.png

uemp
Just send me a PM.
Am happy to share my settings with any on board who practice “mutual respect” (like u do).
I’m not posting settings any more on board as I don’t really want the “haters” and negative folks to find any value in my posts….…so there……

Old Al Dente strategy: block folks who can’t comprehend what “mutual respect” is.
But Cobra’s blocking feature is inadequate, so ….
New Al Dente strategy: block anyone who responds to mean-spirited posts
I apologize in advance to all nice folks for missing your posts….just quit replying to negative soap-opera loops already…
Pretty soon I’ll have everyone blocked except Cobra ! ………hmmmmm……actually not a bad idea

Cobra wrote:

Al_Dente wrote:

uempel wrote:

Al_Dente wrote:

uempel wrote:Al, do you remember your baby... I use it daily
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250236810

Oy, what a handsome chart
btw: My intraday renko says the flag turned down at downward sloping MA resistance... again
INTRADAY ONLY; CAN CHANGE QUICKLY
[“My” chart stolen from benandlloyd]

725renko.png

Al, I like your intraday Renko, here a daily with exotic settings - not my idea, but it was love at first sight
PS: What are the settings of your Renko?

Renko1.png

uemp
Just send me a PM.
Am happy to share my settings with any on board who practice “mutual respect” (like u do).
I’m not posting settings any more on board as I don’t really want the “haters” and negative folks to find any value in my posts….…so there……

Old Al Dente strategy: block folks who can’t comprehend what “mutual respect” is.
But Cobra’s blocking feature is inadequate, so ….
New Al Dente strategy: block anyone who responds to mean-spirited posts
I apologize in advance to all nice folks for missing your posts….just quit replying to negative soap-opera loops already…
Pretty soon I’ll have everyone blocked except Cobra ! ………hmmmmm……actually not a bad idea

snakehead was banned yesterday.

TraderGirl wrote:

heavenskrow wrote:

TraderGirl wrote:

heavenskrow wrote:

TraderGirl wrote:Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

Tradergirl, look at GM too breaking down from support today.
Also Ford had a weekly close below the red weekly candles giving us an earlier hint

GM sitting at support created by the Oct and Dec 2011 lows....

just used TDAmeritrade to chart it. ProRealtime shows different things.
ProRealtime=breaking support
TDAmeritrade=holding support. =p

Interesting....you ever see that difference in the past?

jarbo456 wrote:

heavenskrow wrote:

TraderGirl wrote:

heavenskrow wrote:

TraderJoe wrote:Hi,
From what I read, it trades like a stock, moving with buyers & sellers, not the vix..

yeah it definitely does not track the $VIX 100%. It's like playing with the devil.

HK, were you around when the whole TVIX issue happened?? CS stopped supporting the etf, the shares tumbled....

http://www.businessweek.com/news/2012-0 ... -low-price

http://www.marketwire.com/press-release ... 664061.htm

wow i had no idea whatsoever. maybe that's why my other friend was saying he preferred UVXY than TVIX. thank you so much for sharing

yeah, you totally missed the whole episode where retailers were brutally abused by the evil inner workings of these ETN's.

my personal advice would be to know what you're trading...aka ETF's vs ETN's. it's something that MOST retailers have no idea about and something they assume to be completely the same...very much NOT.

i'd encourage you to read from this post onward for the next couple of weeks - http://vixandmore.blogspot.com/2012/02/ ... units.html

this guy also does some independent studies and analysis on volatility products: http://sixfigureinvesting.com/blog/

Cobra wrote:[quote="Al_Dente

BullBear52x wrote:I expect a stronger day internal wise, but this is suspiciously weaker then I anticipated.

Al_Dente wrote: THANK YOU
THANK YOU
THANK YOU

Al_Dente wrote:

Cobra wrote:[quote="Al_Dente

snakehead was banned yesterday.

Cobra wrote:

Al_Dente wrote: THANK YOU
THANK YOU
THANK YOU

I cannot watch here every second so if you feel hurt, please do not hesitate to let me know. at least I need do something to protect MY OWN INTEREST as this forum for me is not for fun only. anyone trying to ruin the forum is considered to ruin my business so I'd take it seriously.