Cobra's Market View

so far I don't see it as a good rebound. it's very rare the low was in. Just remember my acceleration car theory.

Cobra wrote:so far I don't see it as a good rebound. it's very rare the low was in. Just remember my acceleration car theory.

Cobra:
I remember your car theory to the letter, but not easy to imply it in real life experience lol

This looks buyable.

BullBear52x wrote:This is what bears will look like tomorrow.

KIDS LOVE THAT BEAR PIX.
Am reading this to them right now. thought u would appreciate:
“When you see someone putting on his Big Boots, you can be pretty sure that an Adventure is going to happen.”
[Pooh-Bear, from “Winnie-The-Pooh” by A.A. Milne,1926]

Here’s your girlfriend
http://www.youtube.com/watch?v=8O1siM3N ... re=related

This one's for Al since he likes the supersized candlesticks that I can't seem to be able to decipher

Cobra wrote:so far I don't see it as a good rebound. it's very rare the low was in. Just remember my acceleration car theory.

When I said buy the dip is for day trade only, sell the RIPs for the trend followers definitely. there's the early bird part of the trading

Cobra:
Would it be too late that I register for paid acct. by end of week?
Thanks,

Hi Cobra, recently subscribed and thank you for all your input. Since new here, can you go over your accelerating car theory again pls?
Many thanks in advance

A little TNA Fib action...

CognitiveDissonance wrote:This one's for Al since he likes the supersized candlesticks that I can't seem to be able to decipher

Wait for a good buy signal bar on the 15 min. What is that squiggly pink ma thing on the left called? Thanks

CognitiveDissonance wrote:This one's for Al since he likes the supersized candlesticks that I can't seem to be able to decipher

thanks...yup vix is doing a little bull dance
http://stockcharts.com/h-sc/ui?s=$VIX&p ... listNum=15

sold XME 49.14 for a 1.6% gain

BullBear52x wrote:

Cobra wrote:so far I don't see it as a good rebound. it's very rare the low was in. Just remember my acceleration car theory.

When I said buy the dip is for day trade only, sell the RIPs for the trend followers definitely. there's the early bird part of the trading

[edit: for BB] bla bla bla

Looks like an EMA 20 gap short on /ES

Bear flags everywhere..

waverider wrote:

CognitiveDissonance wrote:This one's for Al since he likes the supersized candlesticks that I can't seem to be able to decipher

Wait for a good buy signal bar on the 15 min. What is that squiggly pink ma thing on the left called? Thanks

Here's a shot with the moving avg labels

Banks (XLF) not buying into todays selling. As they have most to loose in a Euro implosion, perhaps a bit bullish??? Thoughts?

Al_Dente wrote:

BullBear52x wrote:

Cobra wrote:so far I don't see it as a good rebound. it's very rare the low was in. Just remember my acceleration car theory.

When I said buy the dip is for day trade only, sell the RIPs for the trend followers definitely. there's the early bird part of the trading

[edit: for BB] bla bla bla

You making fun of me? you making fun of me? I am in so good mood right now, this dip I might buy FAS the sickiest of it all.

Finance looks strong? some still green (FAS URE)

izega wrote:Hi Cobra, recently subscribed and thank you for all your input. Since new here, can you go over your accelerating car theory again pls?
Many thanks in advance

Thanks and welcome aboard!

As for the car theory, basically, consider the price as an object, so its movement has to follow the law of Inertia. If this object is in free fall, you shouldn't expect it to reverse all of sudden without slowing down first. This is like when you drive your car, you're accelerating forward, can you all of sudden move your car backward without first slow down your car then stop it then reverse? If you're not like me from Mars, I don't think you're able to do that so the price is the same, even harder to reverse because it involves millions of you Earth people.