Cobra's Market View

Out of Bounds wrote:Trying to close short - having trouble getting order filled.

Last push down did it. - out.

Out of Bounds wrote:

Out of Bounds wrote:Trying to close short - having trouble getting order filled.

Last push down did it. - out.

Might have been fruitful hanging on until Tuesday...

MrMiyagi wrote:

Out of Bounds wrote:

Out of Bounds wrote:Trying to close short - having trouble getting order filled.

Last push down did it. - out.

Might have been fruitful hanging on until Tuesday...

Maybe, but boy that is a lot of risk.

well, guess that's it for today. Seasonality after labor day was bullish plus it's the 1st trading day of month which mostly is bullish. thank you guys, I'll see you TONIGHT.

before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp

I knew we would get a new LOD

SPX 5m... wouldn't be surprise of 10+ point gap down on the SPX Tuesday.. we are also closing on the long term trend line from Nov 2012 lows..

looks like most bears think there won't be a war in the weekend, so everybody is covering.

Cobra wrote:looks like most bears think there won't be a war in the weekend, so everybody is covering.

or that was the plunge protection team.

Interesting mover today: Classic Bounce

Al_Dente wrote:Heck
Every time you post about ISEE I learn a little more about its usefulness
I especially note when you call a turn based on comparing the values from a few hours ago
Sometimes I have to cut/paste and study it later, as it is still a bit cryptic to me
I appreciate your posts, and I use your ISEE link quite often
http://www.ise.com/market-data/isee-index/
THANK YOU

Appreciate the comment Al D

ise sentiment index

The ISE Sentiment Index is a unique put/call value that only uses opening long customer transactions to calculate bullish/bearish market direction. Opening long transactions are thought to best represent market sentiment because investors often buy call and put options to express their actual market view of a particular stock. Market maker and firm trades, which are excluded, are not considered representative of true market sentiment due to their specialized nature. As such, the ISEE calculation method allows for a more accurate measure of true investor sentiment than traditional put/call ratios.

Because of this distinctive calculation methodology, ISEE has been referenced by The Wall Street Journal, Barron’s and other leading publications as a useful investment tool. Investors and investment professionals can use this unique put/call value to determine how other investors view stock prices, as well as to supplement and validate their own market views.