Cobra's Market View

PAGING Baron von Horsepucky52
PERFECT chicken song, thank you much, maybe u not such a bad guy after all.
Internals confirm bear:
http://stockcharts.com/h-sc/ui?s=$NYDEC ... =246211365

g-kids here … u get their faves, bears !
“You are braver than you believe, and stronger than you seem, and smarter than you think.” [Christopher
Robin to Pooh-Bear, from A.A. Milne’s, “Winnie-The-Pooh,” 1926]
http://www.youtube.com/watch?v=BpXUYIOoFzM

tdo722 wrote:WTH, I cannot short spy. no shares available. WTH is going on?

Try going long on DOG.

Today is feeling like the bears are actually back in the driver's seat. But this has happened a few times over the last weeks, only to get completely squeezed by the end of just a little bit of selling.

I went short with a very small position in SPY weekly puts. Normally I'd feel pretty confident with the position given the price action this morning, but this is sort of feeling like deja vu.

If 1242 turns into resistance I will breathe a sigh of relief.

Are they putting a double bottom in to shake weak shorts?

Zouk wrote:Are they putting a double bottom in to shake weak shorts?

"They"? Da Boyz are watching your every move....

Triangle possibility...

Cobra: How do you see 2nd leg down? From Chart TA? or purely experience? Thanks.

Cobra: How do you see 2nd leg down? From Chart TA? or purely experience? Thanks.

BullBear52x wrote:

soku wrote:once es 1241-42 clear, we will go to 1233-34 area. bulls are struggling.

I don't think this time it will hold. let see heading that way now.

really testing my patience on this short... i sold the 20ema at /es 1246. if it doesn't break soon i am going to cover , reverse and go long.

oldpigwang wrote:Cobra: How do you see 2nd leg down? From Chart TA? or purely experience? Thanks.

law of inertia.

give already bulls

watch green line, breakdown would confirm the trend change. we're far from it of course but the chart does look bearish.

Flip a coin already.

At the pace bear working, bears have no way to drive out bulls.

They need to put up more money here...

champix wrote:Everything gonna be all right... italian 10Y at high of the day/ high of the month/ high of the year.... :

6.65% !!!!!!!!!!

tdo722 wrote:

tdo722 wrote:

tdo722 wrote:WTH, I cannot short spy. no shares available. WTH is going on?

I cannot sell short spy shares. Anyone in the same boat? Trying to fill my orders for the last 10 mins now.

nooooooooooooooooooooooooooooooo, there goes all that money I could have made. aaaaaaaaaahhhhhhhhhhhhhh

there's a million other ways to get the basic same effect. short IWM, go long a short ETF. short DIA, etc, etc

for fun 80/20% box.

I think to place my bet on bulls at 1247 now.

Long GC @ 1779.5... be greedy, target 1815/1820 tonite....
(stop 1779.70)

I_Got_Prechterized wrote:

tdo722 wrote:

tdo722 wrote:

tdo722 wrote:WTH, I cannot short spy. no shares available. WTH is going on?

I cannot sell short spy shares. Anyone in the same boat? Trying to fill my orders for the last 10 mins now.

nooooooooooooooooooooooooooooooo, there goes all that money I could have made. aaaaaaaaaahhhhhhhhhhhhhh

there's a million other ways to get the basic same effect. short IWM, go long a short ETF. short DIA, etc, etc

No I prefer spy, less decay factor plus i'm monitoring it and not iwm. But that's okay, now it looks like bulls are turning around, i'm jumping ship.