Cobra's Market View

keesa wrote:

FinancePhD wrote:

keesa wrote:

FinancePhD wrote:Just FYI,

Japanese Pension Fund entered market yesterday and did a crazy shopping in Nikkei. I highly suspect they have some insider information either from the EU side or from the USA side, so that they act pre-ante.

At last, US will only leak insider information to its aliens. This may be the true reason why Shanghai/Hang Seng run flat but NIkkei soured steadily yesterday.

Kim's sudden death crashed China and Korea market yesterday.

You know, North Korea shoot a missile to the east sea of Japan yesterday. But what happened, NIkkei dropped less than all other Asian markets on the day Kim died and rebounded more than all other Asian markets on the following day Kim died.

There must be someone who read the housing data earlier than you and me, I never doubt it.

Victoms of potential korean war would be China and Korea, not Japan.

Cobra wrote:

noob wrote:

Cobra wrote:

SigmaEcho wrote:

Cobra wrote:so far so good, like I said, I don't expect this breakout to fail. a little fibo info here.

so do we have MAD (so far) after MDD? next MDD?
can you pls. post view/ evil plan before Europe close.
thanks!

if we close strong today aka MAD, then we might have a down day tomorrow. The selling isn't over yet. NORMALLY, I mean of course.

So this is still not the start of Santa Clause? What I've learnt in the past 2 months is that NORMALLY doesn't apply to this market any more. My bets are market keep on going up until the new year.

MAD follow by MDD, the next day red and the MDD low will be revisited is just a day or two dip. doesn't affect Santa Rally.

Gomoosheen wrote:

keesa wrote:

FinancePhD wrote:

keesa wrote:

FinancePhD wrote:Just FYI,

Japanese Pension Fund entered market yesterday and did a crazy shopping in Nikkei. I highly suspect they have some insider information either from the EU side or from the USA side, so that they act pre-ante.

At last, US will only leak insider information to its aliens. This may be the true reason why Shanghai/Hang Seng run flat but NIkkei soured steadily yesterday.

Kim's sudden death crashed China and Korea market yesterday.

You know, North Korea shoot a missile to the east sea of Japan yesterday. But what happened, NIkkei dropped less than all other Asian markets on the day Kim died and rebounded more than all other Asian markets on the following day Kim died.

There must be someone who read the housing data earlier than you and me, I never doubt it.

Victoms of potential korean war would be China and Korea, not Japan.

N. Korea's missle attack threat is way over-rated, similar to what Saddam's Iraqi missle attack to Isarel.

Targets would be Korea and Japan, not China.

Cobra wrote:

LBJ_OldPeking wrote:Morning Cobra, could you pls comment on VIX? It gaps down to a lower low after several dojis........I am worried since I hold heavy positions, seems santa rally is coming....thanks!

I really don't understand what's going on with VIX. Seems we shouldn't trust VIX anymore?

L_T wrote:Cobra have you ever considered picking a day for this intraday forum to be "Al Brooks setups" day and see what we can see on a 5-minute chart with just the EMA 20?

Also has anyone read the new book by Al Brooks? I'm wondering if it's worth picking up.

fehro wrote:pullback to 1230? or 1225 Blue channel retest?

Me XMan wrote:I would say 1225

fehro wrote:pullback to 1230? or 1225 Blue channel retest?

waverider wrote:

L_T wrote:Cobra have you ever considered picking a day for this intraday forum to be "Al Brooks setups" day and see what we can see on a 5-minute chart with just the EMA 20?

Also has anyone read the new book by Al Brooks? I'm wondering if it's worth picking up.

Yes, I highly recommend it, it's the best book on TA I've read

keesa wrote:

Me XMan wrote:I would say 1225

fehro wrote:pullback to 1230? or 1225 Blue channel retest?

If test SPX 1225, it would not be a dip any more. Loss of momentum is way too big for bulls.

Me XMan wrote:I would say down for rest of the day to 1210

keesa wrote:

Me XMan wrote:I would say 1225

fehro wrote:pullback to 1230? or 1225 Blue channel retest?

If test SPX 1225, it would not be a dip any more. Loss of momentum is way too big for bulls.