Cobra's Market View

poflower power

Cobra wrote:goes as planed. I'll clean up the chart in the next update.

Nice call Mr. Snake

BullBear52x wrote:

C520 wrote:Is it time to load up on AAPL PUTS?

I got sell signal on it also.

Bulk of money was made 448-> 425, now this zone is a shakefest

Boring range day after the morning run across the board

Flashback to 1995/1998 - it's the reason why I'm very reluctant to play the short side of the market. During these secular bulls shorting tends to be a loser's game Of course Cobra was not suggesting a major pullback, nevertheless I don't like to go against such a strong trend

Want to make a fortune?
Monday I went to a retail shop in a low rent area.
This is what i saw: They sell ecigarettes and that is all. The guy helping me said there is a line every day from open to close and that they sell at least 100 "STARTER KITS" every day for $100. They have two locations.

100 new customers every day times two locations. OMG
They aren't even cheap. They sell for twice the price of the internet sites.

$USD is going insane right now.

uempel wrote:

BullBear52x wrote:

uempel wrote:

Cobra wrote:the guess still on then.

Why arrow down Cobra, breakout of red circle to the upside...

99.png

/es since we have lower lows Fib extensions down is not a bad idea me thinks.

You'll love this

789.png

Nice.....

testing day low, key time.

Don't know if I posted this chart..but the last time the Euro (via FXE) got what looks like a wave "C" down the market followed at some point...the latest wave down looks impulsive so it looks like another wave down is in the cards...

What we need is a black swan event...like a Japan earthquake...that would shake the Japanese market...cause a pullback.. )

There is actually a crash like aspect this month that has a window of time, but the likeliness of it turning this market around is pretty unlikely at the moment...unless we see something unexpected happen...we'll see after the end of May (there are bullish aspects at that time)

first target met.

double top neckline. wait.

Well, talk of tapering QE is increasing. Now it's the San Francisco Fed Chief John Williams :

•WILLIAMS SAYS FED MAY REDUCE QE IN SUMMER, HALT BY YEAR END

•WILLIAMS: UNEMPLOYMENT WON'T FALL BELOW 6.5% UNTIL MID-2015

•WILLIAMS SAYS SLOWING QE WOULDN'T MEAN TIGHTENING IN POLICY

This can be one of those buy the rumor (sell stocks) sell the news kind of an event that might cause some kind of a correction?

posted this chart earlier on my corner
take some profit guys.

Out of Bounds wrote:Want to make a fortune?
Monday I went to a retail shop in a low rent area.
This is what i saw:

I thought it was a Blue T-Shirt business you were going to talk about..

Well, well, well...

MrMiyagi wrote: I thought it was a Blue T-Shirt business you were going to talk about..

I did not even notice.

members only update forgot to update my position. http://www.cobrasmarketview.com/2013/05 ... ay-update/

a little consolidation here would be good for bears. breakdown would be fake, I think.