Cobra's Market View

SPX choppy but weakening.. need to seem some 15m, 30m candle closes.. coming up

Just me or is Tsipras playing his hole card a little early?

To the EU "Nice little currency you've got going there, hate to see something happen to it."

To the Germans "You were fucking Nazis! We invented democracy and are the land of Aristotle and you were fucking run by Hitler! Remember that shit? Remember Hitler motherfuckers?!"

It's ALWAYS too early to play the Hitler card— I'd imagine that's doubly true when dealing with Germans.

https://www.youtube.com/watch?v=FONN-0uoTHI

Hi Cobra

Perhaps you should take it as a sign from the Gods to go back to bed, get some rest.
Choppy day today
you might as well.

I hope you're feeling better soon!!
(Natural Factors "anti-viral tincture (drops) is good stuff has Resihi Echinacea and other goodies in it - about C$15)

Xian wrote:...
To the Germans... Remember Hitler motherfuckers?!"
...

Everything is complicated;

"... When I return home tonight, I will find myself in a parliament in which the third-largest party is not a neo-Nazi party, it is a Nazi party..."

http://www.theguardian.com/business/liv ... ce2341063f

SPX.. SPY trying to hold a double bottom.. or morph into a descending triangle

K447 wrote:

Xian wrote:...
To the Germans... Remember Hitler motherfuckers?!"
...

Everything is complicated;

"... When I return home tonight, I will find myself in a parliament in which the third-largest party is not a neo-Nazi party, it is a Nazi party..."

http://www.theguardian.com/business/liv ... ce2341063f

True dat homeboy. This gist is "Remember when you guys spread Nazism before? Well, keep your boot on our throat and you'll be doing it again."

I just don't think that's going to fly.

http://www.bbc.com/news/world-europe-31170591

EDIT: FWIW, I feel completely qualified to make these judgements as I sit ensconced in the warmth of Southern California and having zero professional experience in international politics. I'm basically the equivalent of a fat guy in a Lazy-Boy, drunk watching a game on ESPN yelling at the screen *knowing* what they should do.

Twitter getting nervous about the NDX

SPX ..possible resistance in this area..

Xian,

1. 75% of Greeks want to stay in Euro
2. "common knowledge understanding" which was pushed by the Wall Street Journal today is that it is cheaper to "restructure" or forgive around 65 billion Euros in Greek debt than it is to have them leave the Euro and default on all of it.
3. Greek government can't survive with current level of debt, on the other hand why are they the only country in Eurozone expected to actually pay it back?
4. My wife was with a tech company and traveled the world. She saw first hand in both Europe and Asia that WW ll has not been forgotten. Always to unit a country you have to have a bad guy. So the bankers who want their money back are the bad guys.
5. What ever deal the Greeks get the Italians, Spanish, Portuguese and Irish are all in line to re-negotiate their deals.
6. Does it seen reasonable that German 10 year government bonds are at 0.35% while US are at 2.0% ? To me that shows how crazy it is in Europe.

Finally some movement in orchard. Let's see if we can get a closing bar above 119.15-119.25 on one of the lower time frames, then watch for 119.60ish if that holds.

Trades with cats wrote:Xian,

1. 75% of Greeks want to stay in Euro
2. "common knowledge understanding" which was pushed by the Wall Street Journal today is that it is cheaper to "restructure" or forgive around 65 billion Euros in Greek debt than it is to have them leave the Euro and default on all of it.
3. Greek government can't survive with current level of debt, on the other hand why are they the only country in Eurozone expected to actually pay it back?
4. My wife was with a tech company and traveled the world. She saw first hand in both Europe and Asia that WW ll has not been forgotten. Always to unit a country you have to have a bad guy. So the bankers who want their money back are the bad guys.
5. What ever deal the Greeks get the Italians, Spanish, Portuguese and Irish are all in line to re-negotiate their deals.
6. Does it seen reasonable that German 10 year government bonds are at 0.35% while US are at 2.0% ? To me that shows how crazy it is in Europe.

+1 on all that.
+2 on number 5

15 minute.1 minute.

Get well, Cobra.

If you take a nap, I think the kids will not create too much havoc here. Ha ha ...

Back later.

still a tad messy.. VIX weakening

Xian wrote:I like to give AMZN a lot of shit (because they haven't made any money in 20yrs!!), but info out today suggest they're doing more video streaming than Netflix, which isn't that surprising, Netflix streaming library pretty much sucks. But still, good for Bezos.

http://finance.yahoo.com/news/watch-net ... 42637.html

Here's a think piece on why it's totally cool AMZN has no profits.

http://ben-evans.com/benedictevans/2014 ... y-it-works

Give 'em another decade and that's it!

The Fire phone is one sure way to avoid profitability.

I've wondered if this book is worth reading:

http://www.forbes.com/sites/retailwire/ ... that-good/

internals.. flatish

Hate to see it turned back at this 119.60 level, but seems probable. C'mon fruit

Symbol GREK is the top 20 greek stocks (kind of like “the dow” of Greece) and it is updating intraday.