Cobra's Market View

737controller wrote:WHO POSTED THE CHART COUPLE WEEKS AGO WITH MOON SYMBOLS OVER A SPY CHART? I AM REALLY LOOKING FOR THAT CHART OR WHICH DAY YOU POSTED IT. I HAVE SEARCHED EVERYWHERE HERE AND CAN'T FIND IT. PLEASE HOOK A BROTHER UP. THANKS

Don't know whether this is the one you are looking for or not but here is an updated chart I posted on the moon a while back. Disclaimer - this was posted strictly as interesting phenomena. I don't trade according to this chart so please don't follow.

Hope everyone is enjoying their profits from this rally!

Are bears an endangered species yet??

I don't know how they can pull out a win before Ben prints again on Thursday......

The Secret of Ben Bernanke's Beard
By Jeffrey Goldberg

inShare.2May 3 2012, 8:17 AM ET5

I'll leave it to others to parse Ben Bernanke's policies. Instead, I'll do the crucial work of parsing Ben Bernanke's beard. This is from my Atlantic advice column, "What's Your Problem?": My answer, which follows the question from reader W.B., was prepared with the assistance of the magazine's Sarah Yager, who did the relentless reporting necessary to break this story wide open:

As hard as I try, I cannot get my beard (which I have had for 44 years) to look as perfect as Federal Reserve Chairman Ben Bernanke's. Does he have a stylist work on his every morning, or is it fake?

W.B., Seattle, Wash.

Dear W.B.,

It is not well known that Ben Bernanke's doctoral thesis, "Long-Term Commitments, Dynamic Optimization, and the Business Cycle," contained a separate appendix titled "Caring for Your Luscious Chin Curtain." You are right that Bernanke has an ostentatiously silky and highly civilized beard. In fact, the chairman's personality finds fullest expression in his beard. Also in his many gang tattoos. I did not know much about his beard, however, so I assigned the research-and-analysis division of "What's Your Problem?" to learn more.

Bernanke's grooming needs are met by a barber named Lenny Gilleo, whose shop is located at Federal Reserve headquarters, in Washington, D.C. Gilleo tells us that he shapes and trims Bernanke's beard every three or four weeks, but he did not mention any secret techniques or the use of any particular grooming products. Of possibly greater interest to the nonbearded public: Gilleo, who has cut the hair of the past five Fed chairmen, says there is no fixed price at his barbershop. Payment is a "whatever-you-choose type of thing." If this principle were applied broadly across the American economy, chaos would ensue. Actually, this principle was put into practice already, during the years leading up to the subprime-mortgage crisis.

***

That's the full article but to credit the Atlantic here's the link:

http://www.theatlantic.com/business/arc ... rd/256683/

Wow, the announcement of the 2 day meeting is actually on Thursday, had to check that. The old switcheroo, eh.

Mr. T wrote:Are bears an endangered species yet??

I don't know how they can pull out a win before Ben prints again on Thursday......

Mr. T wrote:Are bears an endangered species yet??

I would put them in the extinct category.

BullBear52x wrote:Intraday update. What a boring day, I don't know if I will last through lunch today. yawn......

Stay awake big bubba
http://www.youtube.com/watch?v=B2RqQ-m8 ... re=related

Al_Dente wrote:

BullBear52x wrote:Intraday update. What a boring day, I don't know if I will last through lunch today. yawn......

Stay awake big bubba
http://www.youtube.com/watch?v=B2RqQ-m8 ... re=related

Too boring for me, have a great weekend guys

"""Luscious Chin Curtain""""

67Chevy wrote:

737controller wrote:WHO POSTED THE CHART COUPLE WEEKS AGO WITH MOON SYMBOLS OVER A SPY CHART? I AM REALLY LOOKING FOR THAT CHART OR WHICH DAY YOU POSTED IT. I HAVE SEARCHED EVERYWHERE HERE AND CAN'T FIND IT. PLEASE HOOK A BROTHER UP. THANKS

Don't know whether this is the one you are looking for or not but here is an updated chart I posted on the moon a while back. Disclaimer - this was posted strictly as interesting phenomena. I don't trade according to this chart so please don't follow.

Hope everyone is enjoying their profits from this rally!

SPX moon.JPG

yeah this was it. Thanks

For what it's worth (because were NEVER GOING DOWN AGAIN)

MrMiyagi wrote:For what it's worth (because were NEVER GOING DOWN AGAIN)

We closed outside the upper BB yesterday. We opened outside the upper BB and are levitating here. BB set to 14,2.0 which is what I use. A quick check on the charts shows downturn in 1-3 days. 50% or more of the entire up move. I am buying some weekly puts tonight.

Bolinger on VIX 5min is just starting to crimp

Got stuck in front of the screen - check Monday...

nothing to say, the bias still is up.

We're never, ever.... EVER..... going down again.


Dollar to zero. Thanks Ben (traitor to the American Dream - Hero of Ponzi bankers everywhere).
Next time Miyagi and I jump the General Lee, I hope it lands on him.

Mr. T wrote:We're never, ever.... EVER..... going down again.
Dollar to zero. Thanks Ben (traitor to the American Dream - Hero of Ponzi bankers everywhere).
Next time Miyagi and I jump the General Lee, I hope it lands on him.

I guess we'll be going to the USA for shopping from now on...

Master Cobra,

Divergence for AAPL at testing previous high. It is good place to try a short here ?

Thx.

What a v-shaped recovery on USO

lunch time, will be back. still looks like an ascending triangle.

Petsamo wrote:What a v-shaped recovery on USO

Watch Iron Ore miners BHP, RIO, VALE, and others, a nice 10-15% recovery in 2 days after Draghi and China stimulus plan, also QE3 expectations.

I bought some Vale so im a happy seller today. Not for the faint hearted.