Cobra's Market View

BullBear52x wrote: My read on fear, bulls are on defensive.

Very much so. They are scaredy-cats.

lunch hour almost over.. around 1:20-1:30pm ET expect a larger move

GE made the 31 cent whisper number. But did you see the write offs from the financing exit. They really see something ugly coming to take those losses now and go back to mostly manufacturing as sales drop. The CEO is very well connected at the White House, don't know how that entered into the decision to exit finance, just say'in.

Out of Bounds wrote:

BullBear52x wrote:Bulls are so weak, can not even made pass the tiny resistance.

Breadth is slowly improving, could see small up move.

Yes agreed, I will wait for a strength hand and buy next dip not right now.

Two stocks for play ...

Wishful thinking, game plan.

BullBear52x wrote:

Out of Bounds wrote:

BullBear52x wrote:Bulls are so weak, can not even made pass the tiny resistance.

Breadth is slowly improving, could see small up move.

Yes agreed, I will wait for a strength hand and buy next dip not right now.

Yeah, I jumped early and am in at 208.10
So far so good, but I have a fast finger on it to escape if it moves against me.

I see few people mentioned FXI, FXI is healthy, back in buy the dip zone. (RSI>30 to trigger)

BullBear52x wrote:I-watch shortage. Hmmmm.

Apple has not used the i prefix for a new product line since 2010 (the original iPad introduction)

The Apple Watch is called just that.

It looks like Apple has retired the i prefix for everything that is not an iPhone, iPad or iMac.

Interestingly, the new 'lighter and thinner than a MacBook Air' laptop computer is simply called MacBook, no prefix or suffix.

BullBear52x wrote:I see few people mentioned FXI, FXI is healthy, back in buy the dip zone. (RSI>30 to trigger)

Nice options call volume there, plenty >1000 contracts

K447 wrote:

BullBear52x wrote:I-watch shortage. Hmmmm.

Apple has not used the i prefix for a new product line since 2010 (the original iPad introduction)

It looks like Apple has retired the i prefix for everything that is not an iPhone, iPad or iMac.

iSee, iThanx....

testing day low, key time. I say rebound here first then we'll see.

MrMiyagi wrote:

K447 wrote:

BullBear52x wrote:I-watch shortage. Hmmmm.

Apple has not used the i prefix for a new product line since 2010 (the original iPad introduction)

It looks like Apple has retired the i prefix for everything that is not an iPhone, iPad or iMac.

iSee, iThanx....

ilaugh, iwonder which direction we will go in for the rest of the day, iwonder if ishould be short for Monday.

iam serious!

Dumped the longs at a loss

Out of Bounds wrote:Dumped the longs at a loss

Had I refreshed faster and seen Cobra's post, I might have held those just to see.

DJIA new LOD

I will not be so confident with over night holding, the institution index is back below 900 again, next dead cat bounce need to be very strong, right now I am leaning bearish until these guys coming back.

Too big to fail?