Cobra's Market View

Apple wrote:http://www.federalreserve.gov/newsevent ... 30619a.htm

...and

look out below...

Another drop should come soon according to the past events.

Here is the may v june REDLINE text
http://www.zerohedge.com/news/2013-06-1 ... -taper-yet

no comments, just an update.

Best fake out ever. You have to have a sense of humor to trade this. And be quick, very quick. LOL

Chart

quatzl wrote:Best fake out ever. You have to have a sense of humor to trade this. And be quick, very quick. LOL

I bet we go back up, dip buying mentality is in full force and Big Ben didn't say anything surprising...

RealMoneyIssues wrote:

quatzl wrote:Best fake out ever. You have to have a sense of humor to trade this. And be quick, very quick. LOL

I bet we go back up, dip buying mentality is in full force and Big Ben didn't say anything surprising...

Oh I wouldn't be surprised. Just that 5 min bar made me laugh out loud. You're right, Bennie did not say anything particularly different.

VIX...gap filled...

quatzl wrote:

RealMoneyIssues wrote:

quatzl wrote:Best fake out ever. You have to have a sense of humor to trade this. And be quick, very quick. LOL

I bet we go back up, dip buying mentality is in full force and Big Ben didn't say anything surprising...

Oh I wouldn't be surprised. Just that 5 min bar made me laugh out loud. You're right, Bennie did not say anything particularly different.

Drop, what drop? That was just a mini flash crash... "these are not the bears you are looking for..."

Dow still below resistance...

just a warm up, the circuit breaker is working fine. 15 min. to got for the main event.

Unique wrote:viewtopic.php?f=2&t=959&p=133897#p133897

Looks like a typical hard Fed day..nothing to play here. No two easy days in a row, come back 2pm for the 1-2-3 shake maybe

Patience pays well.

GOOG and PCLN looking damn good. Keep riding the trains until they fail. Looks like it's two easy days in a row, gotta ride these trains while they last

No need to hope for third train day, consolidation before higher high is good enough

ES now doing the 1-2-3 shake

No inflation with this money I don't know what will.

quatzl wrote:Best fake out ever. You have to have a sense of humor to trade this. And be quick, very quick. LOL

Cant beat the ALGOS !

BullBear52x wrote:No inflation with this money I don't know what will.

Yea its really crazy when you think about it. I am starting to believe it will happen virtually over night one day a few years from now.

MrMiyagi wrote:Another drop should come soon according to the past events.

And here comes the second leg.

Gold is actually hold up pretty well (for now).

One big ass triangle forming on 5 min ES.