Cobra's Market View

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Gap down below yesterday's low so there're some chances the gap won't be filled. Something is different this time, as in Jan or Feb, you bet the market gaps up huge but now we've got 3 gap down already.

The Global ES is a straight down, so I guess it's at least 2 legged, the initial rebound might fail.

GM cobra and everyone,

link to live ecb press conference: http://www.ecb.europa.eu/press/tvservic ... 04.en.html

Cobra wrote:If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp. You need "follow" only once but vote can be done every 24 hours, so whenever you have time, please vote for me, thanks!

If you're not StockCharts member, you can also help boosting my rank by clicking the link once: http://stockcharts.com/public/1684859/tenpp, thanks!


Gap down below yesterday's low so there're some chances the gap won't be filled. Something is different this time, as in Jan or Feb, you bet the market gaps up huge but now we've got 3 gap down already.

The Global ES is a straight down, so I guess it's at least 2 legged, the initial rebound might fail.

Thanks, I hope you are feeling better.
The initial rebound is not the rebound you were discussing in last night report, is it?

Wow when it rains it pours,ge downgrade,Mac downgrade,IBM downgrade,Scandisk forcasting big miss,funny how this comes out as the market is breaking down

Cobra: Wish you feel better.

Cobra wrote:If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp. You need "follow" only once but vote can be done every 24 hours, so whenever you have time, please vote for me, thanks!

If you're not StockCharts member, you can also help boosting my rank by clicking the link once: http://stockcharts.com/public/1684859/tenpp, thanks!


Gap down below yesterday's low so there're some chances the gap won't be filled. Something is different this time, as in Jan or Feb, you bet the market gaps up huge but now we've got 3 gap down already.

The Global ES is a straight down, so I guess it's at least 2 legged, the initial rebound might fail.

Cobra,
How do you feel today? I hope you have a great day!
EFA

the open.

EFA wrote:

Cobra wrote:If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp. You need "follow" only once but vote can be done every 24 hours, so whenever you have time, please vote for me, thanks!

If you're not StockCharts member, you can also help boosting my rank by clicking the link once: http://stockcharts.com/public/1684859/tenpp, thanks!


Gap down below yesterday's low so there're some chances the gap won't be filled. Something is different this time, as in Jan or Feb, you bet the market gaps up huge but now we've got 3 gap down already.

The Global ES is a straight down, so I guess it's at least 2 legged, the initial rebound might fail.

Cobra,
How do you feel today? I hope you have a great day!
EFA

Much better, thanks!

oldpigwang wrote:Cobra: Wish you feel better.

Thanks, I feel much better now.

Since the DAX is down a lot, over 2%, maybe a bounce is not far off ?

noob wrote:

Cobra wrote:If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp. You need "follow" only once but vote can be done every 24 hours, so whenever you have time, please vote for me, thanks!

If you're not StockCharts member, you can also help boosting my rank by clicking the link once: http://stockcharts.com/public/1684859/tenpp, thanks!


Gap down below yesterday's low so there're some chances the gap won't be filled. Something is different this time, as in Jan or Feb, you bet the market gaps up huge but now we've got 3 gap down already.

The Global ES is a straight down, so I guess it's at least 2 legged, the initial rebound might fail.

Thanks, I hope you are feeling better.
The initial rebound is not the rebound you were discussing in last night report, is it?

Thanks.

Not the rebound to new high.

Nice battle off the bell. 20 sma 1399 = support.

Anyone going long here on a small rebound?

Petsamo wrote:Since the DAX is down a lot, over 2%, maybe a bounce is not far off ?

volatility is still very low so systems are still in BUY mode, bounce is very possible

JOY is green, go figure

KeiZai wrote:

Petsamo wrote:Since the DAX is down a lot, over 2%, maybe a bounce is not far off ?

volatility is still very low so systems are still in BUY mode, bounce is very possible

NYSE Decliners >2300 --- not good for bounce hopes (but we've seen this number fade in the past with in a bull charge)

Petsamo wrote:JOY is green, go figure

So is SVU....nucking futs.

stucap wrote:

KeiZai wrote:

Petsamo wrote:Since the DAX is down a lot, over 2%, maybe a bounce is not far off ?

volatility is still very low so systems are still in BUY mode, bounce is very possible

NYSE Decliners >2300 --- not good for bounce hopes (but we've seen this number fade in the past with in a bull charge)

Im hoping for bounce just to add more shorts

The Hang Seng was closed last night. Anyone know if they open tonight ?

KeiZai wrote:Im hoping for bounce just to add more shorts

TZA is still cheap at $18