Cobra's Market View

Posted: **Thu Oct 16, 2014 3:57 pm**

Imbalance at close $390 Million to buy, this is a medium buy...

Posted: **Thu Oct 16, 2014 3:58 pm**

Closing short at 186.25 small profit

Posted: **Thu Oct 16, 2014 4:03 pm**

GOOGL down 6%

Posted: **Thu Oct 16, 2014 4:04 pm**

GOOG missed. Down about 5% so far AH

Posted: **Thu Oct 16, 2014 4:14 pm**

Eddie wrote:GOOG missed. Down about 5% so far AH

THANKS for posting that (Eddie and Daniel)

Posted: **Thu Oct 16, 2014 4:15 pm**

finman66 wrote:Do you see the p-bar at $187.69 as fulfilled given the high earlier today coming within $0.11 ??

No, but this is not scientific. Many times we have seen price come back and take out a target that was a few cents off. 1 or 2 cents, sure, 11, hmmm I wouldn't.

Posted: **Thu Oct 16, 2014 4:18 pm**

No need to guess where crude is going. P-bar on DWTI (crude inverse).

Posted: **Thu Oct 16, 2014 4:36 pm**

MrMiyagi wrote:
finman66 wrote:Do you see the p-bar at $187.69 as fulfilled given the high earlier today coming within $0.11 ??

No, but this is not scientific. Many times we have seen price come back and take out a target that was a few cents off. 1 or 2 cents, sure, 11, hmmm I wouldn't.

Okay, many thanks !!

Posted: **Thu Oct 16, 2014 5:09 pm**

cletus wrote:No need to guess where crude is going. P-bar on DWTI (crude inverse).

I wish Cletus!

Cobra's Market View

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