Cobra's Market View

I've got a tough time trusting a breakout at the bottom of the 9th before a holiday weekend. It's like some smarmy dude in a suit pushes a slice of Death by Chocolate across the table at you and winks..

unable to make a real breakout and volume surge, so might see pullback here. I just wish it's not too big.

StudentBill wrote:3 day weekend decay, low realized volatility, and little more said on Syria by the Pres? I think they're gonna kill VXX here into the close.

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I'm scared of VXX, it has horrendous decay. No tradey.

This should be against the law:
Consistently a 5-10 cent spread between bid/ask on an ETF that has 5.8 million shares traded (very liquid)

SPX 5m.. little bearish rising wedge? descending triangle?... bulls need more upward action

DB? But kind of weak

Al_Dente wrote:This should be against the law:
Consistently a 5-10 cent spread between bid/ask on an ETF that has 5.8 million shares traded (very liquid)

bid ask_png.png

NUGT is bad now too since that last reverse split.

Hey guys,

FWIW, and it's worth very little, contrary to some of today's postings I'd expect Obama to go this weekend.

Great article in WaPo about military hesitance and possible consequences can be found here:

http://www.washingtonpost.com/world/nat ... story.html

Also Reuters has a great, constantly updating live website on all things Syria here:

http://live.reuters.com/Event/Syria_9

PS, don't forget there's some big data coming out of China this weekend.

http://calendar.econoday.com/byweek.asp ... mium&lid=0

Me? I'm just gonna do whatever Cobra tells me to do— it's got me this far, so why change? It's why I hangout at his house everyday

Al_Dente wrote:This should be against the law:
Consistently a 5-10 cent spread between bid/ask on an ETF that has 5.8 million shares traded (very liquid)

DUST is a 3x ETF, prices move very fast on it. NUGT has a 17 cent spread.

twerking is all the rage apparently

not good, bulls are weak.

I'm surprised we are not down much more.

Richarab wrote:twerking is all the rage apparently

Didn't think much about it when twerking was added to the Oxford Dictionary:

http://www.wired.com/underwire/2013/08/ ... -twerking/

But now it's on Cobra's board?

Must be legit.

Have a good weekend, Cobra and all. I'm flat for now.

Richarab wrote:twerking is all the rage apparently

You bet your @$$

Richarab wrote:twerking is all the rage apparently

Richie:
Do you twerk with all of your wives?

Al_Dente wrote:

Richarab wrote:twerking is all the rage apparently

Richie:
Do you twerk with all of your wives?

With noora and yasmine but moudi and nuha refuse..

Twerk this :
http://www.youtube.com/watch?v=rHdiutY4XqA

Trying to close short - having trouble getting order filled.