Cobra's Market View

Cobra wrote:haven't touched EMA20 for so long, so if this pullback can reach EMA20, it's buy. guys, don't fight. let me tell you my story. I shorted in the morning, got stopped out with losses, well, it's happened lots of times, so no big deal, I covered and took a long. no matter what you believe, trading with pure heart. up is up, down is down. simple as that.

mac769 wrote:

Cobra wrote:another overshot, so a consolidation here at least.

How can this be explained other than blatant maipulation?

Just by "normal" risk sentiment we should be 10 points lower by now

and if you take into account the dire European Banks, it is more like 20-20 imho

dumamay wrote:

Cobra wrote:haven't touched EMA20 for so long, so if this pullback can reach EMA20, it's buy. guys, don't fight. let me tell you my story. I shorted in the morning, got stopped out with losses, well, it's happened lots of times, so no big deal, I covered and took a long. no matter what you believe, trading with pure heart. up is up, down is down. simple as that.

Excuse my lack of knowledge but what is the "ema20" and how do I find it??

mac769 wrote:

Cobra wrote:another overshot, so a consolidation here at least.

alandon wrote:Cobra, wondering... who the retailers are? the people on the board?

Cobra wrote: I can only imagine 1293 or perhaps 1310. I cannot see 1380 yet.

SigmaEcho wrote:

Cobra wrote:retailers are very bullish now. Hope we could close well above 300 today.

setting up for open high close low 2morrow on nfp?

Mr. BachNut wrote:

BullTart wrote:Ok this is now looking like the big boiz got info earlier than everyone else again.

Bullish info for banks, precious metals and bad for euro.

Of course, we will only find out after the news is released.

Could be some ECB money printing news or something to that effect that may come out. That would make sense for rallying equities, precious metals, and a declining euro.

At around 11:20am today, the banks and precious metals exploded higher, on volume with no news.

That my friends is a sign that something is most definitely up.

Perhaps this?

http://blog.american.com/2012/01/januar ... mortgages/

gabor wrote:

Cobra wrote: I can only imagine 1293 or perhaps 1310. I cannot see 1380 yet.

Go to Cobra's homepage -> premium content -> Dec 30 Market outlook -> you'll see

cougar wrote:

Mr. BachNut wrote:

BullTart wrote:Ok this is now looking like the big boiz got info earlier than everyone else again.

Bullish info for banks, precious metals and bad for euro.

Of course, we will only find out after the news is released.

Could be some ECB money printing news or something to that effect that may come out. That would make sense for rallying equities, precious metals, and a declining euro.

At around 11:20am today, the banks and precious metals exploded higher, on volume with no news.

That my friends is a sign that something is most definitely up.

Perhaps this?

http://blog.american.com/2012/01/januar ... mortgages/

That’s it, BachNut!
But, in fact, this is just a rumor, for the moment!
I will unload FAS if it drops under 70.5:

BullTart wrote:

cougar wrote:

Mr. BachNut wrote:

BullTart wrote:Ok this is now looking like the big boiz got info earlier than everyone else again.

Bullish info for banks, precious metals and bad for euro.

Of course, we will only find out after the news is released.

Could be some ECB money printing news or something to that effect that may come out. That would make sense for rallying equities, precious metals, and a declining euro.

At around 11:20am today, the banks and precious metals exploded higher, on volume with no news.

That my friends is a sign that something is most definitely up.

Perhaps this?

http://blog.american.com/2012/01/januar ... mortgages/

That’s it, BachNut!
But, in fact, this is just a rumor, for the moment!
I will unload FAS if it drops under 70.5:

Very interesting. And disturbing.

Will be very interesting to see when the downgrade of France and other EU countries, what kind of whipsaw the markets will show us.

BullBear52x wrote:here is a zoomed up on the long term look at SPY I think the power that be is looking up, as you can see CCI and HL, any selling is for hard core counter trend trading only.