tag:blogger.com,1999:blog-1523319707289548972.post1205306896787148294..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: 03/19/2009 Market Recap: The 2nd Bearish Reversal DayCobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-1523319707289548972.post-89033220099325466492009-04-18T10:41:00.000-04:002009-04-18T10:41:00.000-04:00Much more useful info i get from here.Thanks for w...Much more useful info i get from here.Thanks for writing.<br /><br /><A HREF="http://www.randygridley.com" REL="nofollow"> Boise real estate </A>AMIThttps://www.blogger.com/profile/09271598940693313554noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-61590417891404958962009-03-20T18:38:00.000-04:002009-03-20T18:38:00.000-04:00I'd be cautious here as a bear. I agree with you, ...I'd be cautious here as a bear. I agree with you, Double Top is more likely.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-36383338527111147212009-03-20T18:32:00.000-04:002009-03-20T18:32:00.000-04:00I would say SPX to test 700 before testing 800. Do...I would say SPX to test 700 before testing 800. Double top at 800 could be possibility. If not it goes way higher like 900.Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-11164565608525385512009-03-20T18:30:00.000-04:002009-03-20T18:30:00.000-04:00SPX closed below 775 so it seems like 750 is next ...SPX closed below 775 so it seems like 750 is next to test.Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-62694925441404644852009-03-20T09:04:00.000-04:002009-03-20T09:04:00.000-04:00Yes, strictly speaking, it's Descending Triangle, ...Yes, strictly speaking, it's Descending Triangle, but also strictly speaking Descending Triangle is actually a continuation pattern, not a reversal pattern.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-41531782800817615982009-03-20T08:48:00.000-04:002009-03-20T08:48:00.000-04:00Today is the quadruple witch. Unless it closes abo...Today is the quadruple witch. Unless it closes above or below any major support today is not indication for Monday. My guess it will stay in the trading range all day and at close.<BR/><BR/>RoxyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-10707426392840903072009-03-20T07:14:00.000-04:002009-03-20T07:14:00.000-04:00That looks like a bearish descending triangle on S...That looks like a bearish descending triangle on SPY 15-minute chart, rather than a pennant.GreatTradeshttps://www.blogger.com/profile/06992702044053496802noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-4028790026824174512009-03-19T23:23:00.000-04:002009-03-19T23:23:00.000-04:00Thanks. It should be OVERBOUGHT.Thanks. It should be OVERBOUGHT.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-88096926146901533212009-03-19T23:01:00.000-04:002009-03-19T23:01:00.000-04:00It is def way too bullish. I just cant see why th...It is def way too bullish. I just cant see why they would want to pay off the calls.<BR/><BR/>But then again I thought this rally was toast on tues/ wednesday.greenlanderhttps://www.blogger.com/profile/16419480565369548628noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-91975156418996659532009-03-19T22:58:00.000-04:002009-03-19T22:58:00.000-04:00Put/Call ratio is way too bullish and I doubt they...Put/Call ratio is way too bullish and I doubt they'll close it green tomorrow but who knows.Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-26936156693618296332009-03-19T22:42:00.000-04:002009-03-19T22:42:00.000-04:00Dang I hope the third time is a charm play isnt in...Dang I hope the third time is a charm play isnt in effect. We are really wedged btw 2 levels of resistance.<BR/><BR/>As much I dont want to admit it, the XLF chart does leave the possibility of a move up tomorrow.<BR/><BR/>I wonder though if the MM's wouldnt want to kill off some calls though.greenlanderhttps://www.blogger.com/profile/16419480565369548628noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-1806058437630457122009-03-19T22:38:00.000-04:002009-03-19T22:38:00.000-04:00Yong, should the second line up top read Albeit th...Yong, should the second line up top read <BR/><BR/>Albeit the market declined, it is still OVERBOUGHT over either the short term or the intermediate term, therefore a pullback is still needed?<BR/><BR/>Thanks, great job as usual.Alphahornhttps://www.blogger.com/profile/03265384202108598764noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-243250129632717172009-03-19T22:20:00.000-04:002009-03-19T22:20:00.000-04:00Another great insight. I have been following your ...Another great insight. I have been following your blog since last week, and starting this week I have begun to turn my huuuge losses around and have been learning much from your charts. THANK YOUAnonymousnoreply@blogger.com