tag:blogger.com,1999:blog-1523319707289548972.post2170674703574012633..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: 06/02/2009 Market Recap: Some not so good signsCobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1523319707289548972.post-60025801243962163352009-06-03T07:00:59.914-04:002009-06-03T07:00:59.914-04:00There is a bit too much attention played to the $S...There is a bit too much attention played to the $SPX, imo. The $INDU is a leading index and is backtesting both the 200 month MA right now and the old Bull Channel. I think the turn is damn close. Damn close.<br /><br />http://social.stocktock.com/profiles/blogs/big-picture-a-kiss-goodbyeSchweizerhttps://www.blogger.com/profile/01587683787195196616noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-33432691961255457862009-06-03T01:37:20.830-04:002009-06-03T01:37:20.830-04:00http://money.cnn.com/2009/06/02/news/ratings.recko...http://money.cnn.com/2009/06/02/news/ratings.reckoning.fortune/?postversion=2009060204<br /><br />Sorry June 9th.princepersiahttps://www.blogger.com/profile/05836577017635206357noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-38532657769832030642009-06-03T01:35:45.349-04:002009-06-03T01:35:45.349-04:00btw the S&P is supposed to downgrade a handful...btw the S&P is supposed to downgrade a handful of commercial real estate bonds on June 8th.princepersiahttps://www.blogger.com/profile/05836577017635206357noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-81462512473466462402009-06-03T01:24:35.611-04:002009-06-03T01:24:35.611-04:00yeah I am expecting the big drop to occur on that ...yeah I am expecting the big drop to occur on that date as well, and so on. Hey Cobra, what is your take on Gold and Oil? Not sure if I have seen to many commodity stocks on your charts.princepersiahttps://www.blogger.com/profile/05836577017635206357noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-69671166159573840042009-06-03T00:13:18.374-04:002009-06-03T00:13:18.374-04:00All the days listed are trading days, so the 6th d...All the days listed are trading days, so the 6th day is June 8.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-39134860087719484622009-06-02T23:21:09.127-04:002009-06-02T23:21:09.127-04:00How do we adjut the seasonality days? For example...How do we adjut the seasonality days? For example the 6th is a Saturday...this year, so given that its the msot bearish day historically in June...can we expect that to be a Friday or Monday?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-80481967322509533472009-06-02T22:42:35.885-04:002009-06-02T22:42:35.885-04:00Rik, I really don't know how long it takes for...Rik, I really don't know how long it takes for a divergence to play out. Sometimes it even doesn't work, so I usually use it as a warning.<br /><br />Yes, I agree with you, divergences work better on indices.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-73761797545242787692009-06-02T22:38:47.593-04:002009-06-02T22:38:47.593-04:00Cobra,
Great job as always. Quick TA question:
...Cobra,<br /><br />Great job as always. Quick TA question:<br /><br />How long does it take for divergences to play out such as UUP in today's readings?<br /><br />15m? 30m? 60m? I've noted that the 60m can take a day or two and are usually the strongest signs. But the 15m and 30m turn before which can allow you spot the divergences a bit earlier. But I'm not sure how long they Anonymousnoreply@blogger.com