Cobra's Market View

ok, abandon the plan.

Both NDX and Apple hit ST targets, 2600 and 525....then a pull back....

is there 3x bull $USD?

this kind of market action means the up momentum is weakening, so even we do have a rebound here chance are it won't make a higher high. let's see.

BullBear52x wrote:is there 3x bull $USD?

UUPT, UDNT

no trading volume though.

I guess AAPL 527 was important after all, short term.

Cobra wrote:

BullBear52x wrote:is there 3x bull $USD?

UUPT, UDNT

no trading volume though.

Thanks, I got in UUP don't know about UUPT and UDNT.

AAPL new low on day!

Cobra wrote:ok, abandon the plan.

That looks like a bear flag?

I said it's an exhaustion. now since this is the first red bar, volume surge is not exhaustion, it's bearish volume.

aapl just went neg for the day. lotto ticket is in!

PRI wrote:AAPL new low on day!

Im watching only apple indicator, what an easy trading

morning low. key time.

may look to reshort apple at 515 if it can get back there.

BullBear52x wrote:

Cobra wrote:

BullBear52x wrote:is there 3x bull $USD?

UUPT, UDNT

no trading volume though.

Thanks, I got in UUP don't know about UUPT and UDNT.

for ETF, volume doesn't matter, it's guaranteed liquidation. just you cannot use stop order.

BullBear52x wrote:is there 3x bull $USD?

UUPT - PowerShares DB 3x Long US Dollar Index Futures ETN

"The investment seeks to replicate, net of expenses, three times the performance of the Deutsche Bank Long U.S. Dollar index (USDX) Futures index ER. The fund provides leveraged exposure to a U.S. Dollar futures index.The index is intended to measure the performance of a long investment in US Dollar index futures. Its underlying assets are futures contracts traded on the ICE Futures U.S., Inc. whose underlying asset is the USDX, which measures the performance of the U.S. dollar against a weighted basket of six major world currencies: the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc."

proteus46 wrote:

BullBear52x wrote:is there 3x bull $USD?

UUPT - PowerShares DB 3x Long US Dollar Index Futures ETN

"The investment seeks to replicate, net of expenses, three times the performance of the Deutsche Bank Long U.S. Dollar index (USDX) Futures index ER. The fund provides leveraged exposure to a U.S. Dollar futures index.The index is intended to measure the performance of a long investment in US Dollar index futures. Its underlying assets are futures contracts traded on the ICE Futures U.S., Inc. whose underlying asset is the USDX, which measures the performance of the U.S. dollar against a weighted basket of six major world currencies: the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc."

Thanks,

Senor Al,

I know you are wondering and yes I am sleeping with her again at 18.50.

jarbo456 wrote:aapl just went neg for the day. lotto ticket is in!

You don't have to wait until march exp for your lottery ticket. Look at the highs and lows today
on the weekly exp. If you are nimble (and well versed in options) that's all the time you need.
They will list new weeklies tomorrow, if you aren't comfortable trading options intraday. Just
remember, unless you are using them as a hedge, you want to get in and out quickly.
Good Luck!

Pumping and dumping. Am I wrong?