tag:blogger.com,1999:blog-1523319707289548972.post1550504618158592655..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: Gann and Time CycleCobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-1523319707289548972.post-91096942129354739162009-05-10T14:51:00.000-04:002009-05-10T14:51:00.000-04:00Wow, another very good comment area, I cannot say ...Wow, another very good comment area, I cannot say enough thanks for all you guys!<br /><br />Good luck trading, guys!Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-27619526039938887462009-05-10T14:11:00.000-04:002009-05-10T14:11:00.000-04:00I’m in agreement with both Jeff and ADD… Yes, it’s...I’m in agreement with both Jeff and ADD… Yes, it’s a conspiracy theory! But, there is nothing we can do about. If you’re a bear, and you are trend trading not day trading, then you had better sit this summer out. They will continue to take the market up, even if it see-saws back and forth for awhile.<br /><br />Yes, I think we will go down a little, right after OPX next week. But, I think it Dan Blacknoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-57345426196981137732009-05-10T11:03:00.000-04:002009-05-10T11:03:00.000-04:00SPX now at 930. So 930 * 95% = 883.5SPX now at 930. So 930 * 95% = 883.5Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-11512632889740008932009-05-10T07:51:00.000-04:002009-05-10T07:51:00.000-04:00In the great crash 1929 the DOW made a final low v...In the great crash 1929 the DOW made a final low volume low about 48 % below its peak, then rallied about 52 %.<br /><br />In the "great" crash of autumn 2008 the DOW made its low in March '09 at a loss about 54 %. So the rally after the final low "should" get higher than 52 %, to about 58 % or so.<br /><br />The deeper they fall, the higher they bouncce!DOW1500noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-81919812962163441072009-05-09T23:50:00.000-04:002009-05-09T23:50:00.000-04:00If the 5% pullback occurs, where does that take th...If the 5% pullback occurs, where does that take the SPX to?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-51570690195406456202009-05-09T23:48:00.000-04:002009-05-09T23:48:00.000-04:00You are wrong about never averaging down. If you h...You are wrong about never averaging down. If you have the right trading plan and position sizing then averaging down works well. If you are a moron and start with 25% of your account for a position and your plan is to average down with your next 50%...then yes...never average down because you will blow out....Markhttps://www.blogger.com/profile/09719202286050381552noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-2346068332343916052009-05-09T23:05:00.000-04:002009-05-09T23:05:00.000-04:00I'm sorry but as far as I know Uempel has no blog....I'm sorry but as far as I know Uempel has no blog.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-11272066307987958172009-05-09T22:32:00.000-04:002009-05-09T22:32:00.000-04:00Mr. Cobra, can you provide the blog address of uem...Mr. Cobra, can you provide the blog address of uempel so that we can take a closer look at his other articles? Thanks!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-78913259754518013382009-05-09T22:17:00.000-04:002009-05-09T22:17:00.000-04:00Cobra,
1. Anyone with IQ of 10 would know governm...Cobra,<br /><br />1. Anyone with IQ of 10 would know government is on Bank's side and they are working together to give out bogus numbers so to suck in more private funding to save their face... <br /><br />2. Yes, yes and YES! But who give a fu**, all the bulltards are buying thinking that government will never let these bank fail so "we are getting these bank at a discount!" (even my parents Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-28350979567670476952009-05-09T21:05:00.000-04:002009-05-09T21:05:00.000-04:00Follow the trend :
April,2008 Dow 13100
April, 200...Follow the trend :<br />April,2008 Dow 13100<br />April, 2009 Dow 8100<br />bear market rally depends always on HOPE<br />by the way, the 3rd week usually weak.<br />and just a reminder tha Lehman said it was well "capitalized " a month before its bankrupsy. And regarding the govermnment saying that most of the big banks are well capitalized, thats mean the government don't have money and they Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-31498903436155261652009-05-09T18:07:00.000-04:002009-05-09T18:07:00.000-04:00Cobra,
T theory predicted a possible top at 925 a...Cobra,<br /><br />T theory predicted a possible top at 925 and my stats say the NDX is rolling over...it will just take finance and oil to roll over which is any time now and the game is over for the bulls..4-5% pullback is about right..<br /><br />2c2centshttps://www.blogger.com/profile/18170928630642881388noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-53059335562110437222009-05-09T17:27:00.000-04:002009-05-09T17:27:00.000-04:00Cobra, thanks for your observation. Blue cycle is ...Cobra, thanks for your observation. Blue cycle is really interesting. Here's another observation : http://hqtrader.blogspot.com/2009/04/reminiscences-of-may-2008-top.html<br /><br />which also predicts a top based on May 2008 analogyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-7093368220552104162009-05-09T16:44:00.000-04:002009-05-09T16:44:00.000-04:00Jeff,
Its a conspiracy theory which is probably c...Jeff,<br /><br />Its a conspiracy theory which is probably closer to the truth than you think. These are not free markets. Nobody has any idea of the new level of fundamentals yet but the markets have soared on "less worse". There's every incentive in the world to inflate these markets:<br /><br />1. Raise confidence in the [average] people and promote spending in a consumer and ADDnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-29440350102201145182009-05-09T16:12:00.000-04:002009-05-09T16:12:00.000-04:00"the astronomical rise in bank stocks and the mark..."the astronomical rise in bank stocks and the market in general," WHAT? I'm assuming you are talking about from the March low...look at a chart from a year ago and show me the astronomical rise!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-4213850039055006282009-05-09T15:17:00.000-04:002009-05-09T15:17:00.000-04:00I am suspicious about the astronomical rise in ban...I am suspicious about the astronomical rise in bank stocks and the market in general, which just so happened to coincide with Wells Fargo's and Morgan Stanley's share offerings on Friday, Goldman's a few weeks ago and a few more next week. <br /><br />I am also suspicious about why the stress tests took so long to release - even the date of the release was pushed back. Perhaps the banks' shares Jeffnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-29991640391684748072009-05-09T14:35:00.000-04:002009-05-09T14:35:00.000-04:00It's very interesting chart. Thanks for posting it...It's very interesting chart. Thanks for posting it.Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-55243936431049794072009-05-09T14:32:00.000-04:002009-05-09T14:32:00.000-04:00I don't understand 2 things:
1. Government says ba...I don't understand 2 things:<br />1. Government says banks do not need money. OK, say, a year later if these banks require additional fund, what will government do? I think this virtually leaves no room for the banks to get further injection from the government.<br />2. How come the bank which issues new offering rise? Doesn't that mean a diluation for the current shareholders?Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-12691743228266566602009-05-09T14:31:00.000-04:002009-05-09T14:31:00.000-04:00anony, you idiot, is not calling top. Is predicti...anony, you idiot, is not calling top. Is predicting a top. You must be a bulltard who recently just got suck in and bought long and wish that this thing can grow to sky... you idiot! I hope you lose all you money. This is a bear market rally, period! America is doom to FAIL!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-19689047318954255972009-05-09T14:23:00.000-04:002009-05-09T14:23:00.000-04:00Bank P/Es:
JP Morgan: 28.42
Wells Fargo: 37.08
Go...Bank P/Es:<br /><br />JP Morgan: 28.42<br />Wells Fargo: 37.08<br />Goldman Sachs: 31.20 <br /><br />GOOGLE: 29.78<br /><br />"Interesting"Jeffnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-9190108677739271752009-05-09T13:50:00.000-04:002009-05-09T13:50:00.000-04:00Just forward info, I said I don't understand Gann ...Just forward info, I said I don't understand Gann method, just I think someone might be interested and I'd like to share which make me feel happy.<br /><br />And about time cycle, yes, I saw it happened amazingly lots of times and I don't know why either.<br /><br />About calling a top, I don't recall I ever did that, so sorry, I cannot agree with you.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-81293219508160096502009-05-09T13:43:00.000-04:002009-05-09T13:43:00.000-04:00I don't understand how you can call a top.
Sorry ...I don't understand how you can call a top.<br /><br />Sorry to say but it's sort of the "i heard that before" type of intuition..can you go into more detail about the evidence supporting this notion?<br /><br />thanks!Anonymousnoreply@blogger.com