Cobra's Market View

Cobra wrote:hopefully this is a bull flag.l

I'm waiting for $131.57 to break to go long. Stop at $130.92

man, shorting FSLR hasn't paid off so far.

Since Europe closed 13 out of 15 candles are white on the 5 min....you almost can't make this stuff up...still riding the trendline. Lunch money is secure.

SWalsh wrote:

Cobra wrote:

BullBear52x wrote:GM,
DBV and TNX is still strong, another 50 cents day today me thinks.

that's really strange, the liquidity inflow suddenly spiked since Wednesday. Don't know what's going on, someone knows something really good ahead of us. Just because I saw the liquidity wasn't strong enough, so I was so sure the top could be around. Now all of sudden everything changed.

I read that the rally into early July was caused by $76 billion pumped into the mkt by the Fed. which was the next largest amount compared to Oct 2008. A collapse followed:

Is this liquidity increase means that we are facing an other crash?

Cobra wrote:hopefully this is a bull flag.l

Or this? The bounce doesn't seem impulsive. Down is a tad sloppy, but this is rather illiquid here:

(EW Leading Diagonal and bounce is wave 2 up)

Updates

Gold http://www.99ercharts.com/archives/253
Silver http://www.99ercharts.com/archives/248

volatility
http://stockcharts.com/h-sc/ui?s=$VIX&p ... =252313790


http://www.youtube.com/watch?v=mm-sbOH- ... re=related

DAX formed a double top?

Anyone care to share their thoughts about TLT? going further down or a bounce likely? Thanks for your thoughts.

gabor wrote:

SWalsh wrote:

Cobra wrote:

BullBear52x wrote:GM,
DBV and TNX is still strong, another 50 cents day today me thinks.

that's really strange, the liquidity inflow suddenly spiked since Wednesday. Don't know what's going on, someone knows something really good ahead of us. Just because I saw the liquidity wasn't strong enough, so I was so sure the top could be around. Now all of sudden everything changed.

I read that the rally into early July was caused by $76 billion pumped into the mkt by the Fed. which was the next largest amount compared to Oct 2008. A collapse followed:

Is this liquidity increase means that we are facing an other crash?

that means nothing bearish would work as long as they keep injecting liquidity.

Hey Ben...

30-Year http://www.99ercharts.com/archives/256

Pulling your beard out?

Just saw the posts on another stock forum that:

"An all out nuclear war couldn't send this silly market south! Because it would reduce the resources constraint on human being and bring the after-war rebuilding jobs back to the survivors."

So I think all the bears are feeling rather frustrated right now...

I smell a top. Many others do. We may revisit previous high on Monday, then down.

Cobra wrote:

stepture wrote:

Cobra wrote:some resistances here.

Hi Cobra,

The Monthly long term impulse is 2nd green. Shall I start buying some stocks in 401K? Last time, you said we should wait for a while to see. Is it ok now? Many thanks.

Last time, I said we should wait 5 days because if the first 5 days in a new year close in green, then 86% chances the year will close in green.

Thanks a lot for your reply.

FinancePhD wrote:Just saw the posts on another stock forum that:

"An all out nuclear war couldn't send this silly market south! Because it would reduce the resources constraint on human being and bring the after-war rebuilding jobs back to the survivors."

So I think all the bears are feeling rather frustrated right now...

nice insights. might be a pleasant bump on commodities too.

So honey...what do you want for lunch?

SPX http://www.99ercharts.com/archives/259

Volume.

Have a good one, folks.

[cougar Want to start the Weekend Watering tomorrow? Thanks.]

News is probably coming out. I see whipsaw action

99er wrote:So honey...what do you want for lunch?

SPX http://www.99ercharts.com/archives/259

Volume.

Have a good one, folks.

[cougar Want to start the Weekend Watering tomorrow? Thanks.]

Ok...I'll try to do it...Hope it works.

Petsamo wrote:News is probably coming out. I see whipsaw action

Good news or bad? Related to Greece? What whipsaw did you see?

You can see what happened to Silver during the FOMC meeting on September 21, 2011.

I don't think they will announce or even suggest a QE3 on Wednesday, next week.

So keep going up silver, until Wednesday at noon next week.