Cobra's Market View

Friday. no wave, no pattern, no emotion.

well, obviously a huge buy program sits here trying to protect the line. interesting. let's see if yesterday once more today.

TLT selloff ?

Cobra wrote:well, obviously a huge buy program sits here trying to protect the line. interesting. let's see if yesterday once more today.

too obvious this time

Facebook

Facebook has admitted that it has been watching the web pages its members visit – even when they have logged out.

Read more: http://www.dailymail.co.uk/sciencetech/ ... z1ZSp6nP3Z

again, i'm right, the 3rd time is the charm, at least this time such a buy program has no follow through.

Closed 2/3 of my puts for a decent profit. Will let the rest ride into next week to see if that descending triangle bears some bearish fruit.

Another round of bullets shot by the BUY programs at 114.

One thing is for sure, it's taking more and more ammo to net the same result.

If they are able to connect and get lift-off, I will be taking profits from the other half of my TVIX positions and move into all cash for the weekend

Somehow, I think they will fail this time though, and I will be forced to keep my TVIX positions over the weekend

Jaywiz....
WAVE 3/3/3 begin NOW

Which gives us a sell off that will WAKE up the MASSES
BUT WILL IT MOVE CONGRESS ??

Working people are rising up against the tide of the national Congressional and state legislatures influence to diminish the gains of last 50 years.

Europe down 1% to 3%
Euro down over 1%
Oil down near 1%

A secondary top seems to have occurred on Spt 27th, in what appears to have been a wave ii of 3 of (1),
and is NOW about to head into the HEART of the worst part of this years decline in stock prices.

99er wrote:Facebook

Facebook has admitted that it has been watching the web pages its members visit – even when they have logged out.

Read more: http://www.dailymail.co.uk/sciencetech/ ... z1ZSp6nP3Z

It’s notorious for this.
For this reason, I have to close my web and clean the cookie every time after I leave it.

Dont forget the Flash Crash

the program really is trying hard. for bears, as long as the price could consolidate here instead of a sharp reversal, there's a hope.

Gap set up is still in play, but I preferred it does not.

Here they come!

More YES we can coming up, it appears. Makes it easier to explain losses of 8% vs 10%

the same program started at 3pm ET yesterday. Let's see if it could do the same today!

Al_Dente wrote:

rhight wrote:

Dow Trader wrote:How about tis pattern

A

A bearish rising wedge or a bullish rounded bottom, take your pick. TRIN at 1.9 may favor a bearish resolution at this point.

RHIGHT: Yr charts ALWAYS revealing, never a “quick-and-dirty” read
Yest u posted materials/staples chart …… maybe…..brilliant.…not sure …
I had big computer SNAFU yest, came back up, lost yr chart
please re-post materials:staples ratio along w yr comments??

Thank you. How's that saying go? Ah yes, "Success is 10% inspiration, and 90% perspiration."
Here is that chart with a couple notes. The subject to study is sector analysis, something I don't really do. This is just a thumbnail reference to be considered with many other factors to keep on the right side of the trend. My preferred trend to trade is the intermediate (3 week to 3 month), using Weekly, Daily, and 60 min time frames. The last few weeks have required an up shift to Daily, 60 min, and 15 min charts, attempting to hold for... what? 3 days maybe. Hopefully I'm on board when the next real trend begins.

Too obvious

We touched the top of the triangle with an exhaustion. Shouldnt this be E ? End it...

rising wedge here on SPY?

Bull internals update SPY
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =244514321
Bear internals update SH
http://stockcharts.com/h-sc/ui?s=SH&p=5 ... =244660020