Cobra's Market View

Posted: **Fri Jul 12, 2013 2:10 pm**

OK just to keep myself awake

the next bar on 5min. with RSI(14) on stockchart below 50 is sell-able

Posted: **Fri Jul 12, 2013 2:11 pm**

Biotechs running.

Posted: **Fri Jul 12, 2013 2:17 pm**

Will USO 2x top hold?

Posted: **Fri Jul 12, 2013 2:20 pm**

/YM my guess is w-bottom

Posted: **Fri Jul 12, 2013 2:20 pm**

double bottom over. I'm neutral. wait.

Posted: **Fri Jul 12, 2013 2:21 pm**

BullBear52x wrote:
user13 wrote:lol another Doji today?
- Cobra have you ever seen a rally like this and are there any statistics you can find on it?
I thought we all throw the candle book in the trash already

lol opps your right - Either way this is the ugliest rally I have ever seen on an index

Posted: **Fri Jul 12, 2013 2:23 pm**

my guess. no reason.

Posted: **Fri Jul 12, 2013 2:37 pm**

daytradingES wrote:
Heck wrote:Market warming up for a bloodbath...
I'm intrigued - why do you think so Heck?

50 years of trading, too many excited bulls, too many +25% takeovers and another wag the dog war scenario...

Posted: **Fri Jul 12, 2013 2:39 pm**

: IWM

Posted: **Fri Jul 12, 2013 2:44 pm**

SPY < 167 will also throw the Vixies in negative zone (sell XIV that is) nah....."it ain't gonna happen on my watch" chairman BB (not Bullbear the other Big Bad "B")

Posted: **Fri Jul 12, 2013 2:45 pm**

These have been acting more like stilts, these days.

http://www.stilt-walkers.co.za/images/s ... kers_6.jpg

MrMiyagi wrote:
1374.png

Posted: **Fri Jul 12, 2013 2:48 pm**

USO making a run at its weekly highs, Rates rising again...the Squeeze is being put on Main Street now

Posted: **Fri Jul 12, 2013 2:49 pm**

double bottom, so we're on the dashed green arrow now. the blue arrows happened but very fast. bears couldn't make a new low.

Posted: **Fri Jul 12, 2013 2:58 pm**

spy options expire on a cash basis. Right? Have never let them run that far.Thanks

Posted: **Fri Jul 12, 2013 3:00 pm**

!!!!!! POWER HOUR !!!!!!

Posted: **Fri Jul 12, 2013 3:07 pm**

rising wedge- Maybe break up on USO - now short break out

Posted: **Fri Jul 12, 2013 3:11 pm**

xfradnex wrote:rising wedge- Maybe break up on USO - now short break out

37. 64 full breakout point. Now at 37.55

Posted: **Fri Jul 12, 2013 3:15 pm**

Do you think China GDP numbers on weekend will make any difference? I am just looking for some avenues where market give us some change!

Posted: **Fri Jul 12, 2013 3:17 pm**

The most boring Friday ever.
I am out!

Posted: **Fri Jul 12, 2013 3:19 pm**

Hey Guys,

Know I haven't posted in a while, but I'm here lurking.

Wanted to publicly thank Cobra for all his hard work this week

(Note to non-subcribers on this board: How in the world can you NOT be signed up for Cobra's pay service? You know the guy is giving away free money night after night,right? It's a simple process really: 1. You sign up 2. You read his report 3. Next morning, free money delivered right to your front door— Be smart: sign up!)

FWIW, just wanted to remind everyone that Sunday night is China GDP. After the HUGE misses in China data recently, seems like it's worth keeping an eye on (Not suggesting a miss here, just the heightened possibility of increased volatility)

Lastly, no matter how frustrating this gig gets I'm always reminded of Steve Martin (dedicated to my old pal Al, the Youtube link champion of the world): http://www.youtube.com/watch?v=kSj6y543obM

"The most amazing thing to me is, I get paid for doing this."

Cobra's Market View

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