tag:blogger.com,1999:blog-1523319707289548972.post2434620773446195570..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: 07/31/2009 Market Recap: No TitleCobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-1523319707289548972.post-47642503691089564972009-08-03T17:06:36.120-04:002009-08-03T17:06:36.120-04:00SPX 1014 is 100% and 1040 is 50% chance right now....SPX 1014 is 100% and 1040 is 50% chance right now.Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-87362818008134467702009-08-03T16:59:57.247-04:002009-08-03T16:59:57.247-04:00The media hype should get extreme with SP500 closi...The media hype should get extreme with SP500 closing above 1000. Now we have to contend with all of the new month money coming in for the next few days. SP 1007 should be resistance but who knows; this is getting frustrating. I did hear on the radio that AAII bulls was %60 but I haven't confirmed. Maybe we hold up until the next round of sentiment polls are released.<br /><br />---Mr. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-57200767264636020432009-08-03T16:40:15.834-04:002009-08-03T16:40:15.834-04:00I think we will see-saw around till the end of the...I think we will see-saw around till the end of the week. I can't see them (Bulltarts's) not going for the 50% retracement at 1014. It's too close. Besides that... it should scare out the last Bear. As for a correction, I'm still planning on going heavy short this Friday, one week ahead of the predicted August 14ht crash date. We'll see?<br /><br />Dan BlackDan Blacknoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-87952067831073373842009-08-03T15:54:29.234-04:002009-08-03T15:54:29.234-04:00Jim, VIX doesn't seem to work recently. We had...Jim, VIX doesn't seem to work recently. We had both SPX and VIX up last Friday, but look at what's happening now. The CPC reads at 0.74 and this means 77% chances a green close tomorrow...Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-49660806630809486532009-08-03T15:51:10.641-04:002009-08-03T15:51:10.641-04:00Hello Cobra,...
I am biased for a Lower close on T...Hello Cobra,...<br />I am biased for a Lower close on Tuesday.<br />Reasons include:<br /><br /> o Tomorrow, Tues 08-04 is my next 3 wk cycle (likely pivot) date,...being 13 mkt days from Thurs 07-16. I am expecting Thurs 08-04 to mark a turn down from a high. <br /><br />o Both SP500 and VIX are UP today (Monday 08-03) at least as of 3:50 pm as I type this. <br /><br />o Other cycle methodJimhttps://www.blogger.com/profile/11985052788299763651noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-58012462268528299682009-08-03T07:46:25.280-04:002009-08-03T07:46:25.280-04:00Looking like to da moon this morning.
Futures are ...Looking like to da moon this morning.<br />Futures are pumping +10 on SPX.Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-63358721507583414112009-08-03T01:20:26.300-04:002009-08-03T01:20:26.300-04:00In order for the markets to retest the lows of Mar...In order for the markets to retest the lows of March, there has to be complete disruption of the financial markets again. This seems unlikely because the government has somehow convinced people that the US banks are okay.<br /><br />The only thing that will cause a retest of the markets will be something completely unforeseen and out of control of the hands of GS and the Plunge Protection Team.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-29086277510606787352009-08-02T21:19:54.389-04:002009-08-02T21:19:54.389-04:00That's nice to hear but I see a few big bombs ...That's nice to hear but I see a few big bombs coming on big banks. FDIC insolvent per Denninger?Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-84863126158706385012009-08-02T20:06:48.864-04:002009-08-02T20:06:48.864-04:00Nouriel Roubini says "We may be out of a free...Nouriel Roubini says "We may be out of a freefall for the financial system, we have seen the worst in that sense. But in my view there is a sluggish U shaped recovery that might go into a W double dip if we don't fix the problems in the economy."<br />then near the end of the interview, his says that he doesn't believe the march low will be retested....<br />http://www.cnbc.com/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-28087443084667773912009-08-02T17:34:52.340-04:002009-08-02T17:34:52.340-04:00Dr. Doom: market has been plunging every week btw....Dr. Doom: market has been plunging every week btw.Tusharhttps://www.blogger.com/profile/09499696225968891293noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-4881616896213737812009-08-02T17:21:01.262-04:002009-08-02T17:21:01.262-04:00Market will plunge next weekMarket will plunge next weekDr. Doomnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-36719322236929386372009-08-02T12:54:35.782-04:002009-08-02T12:54:35.782-04:00Awesome!Awesome!Anonymoushttps://www.blogger.com/profile/12397351520040152701noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-42752049306663876952009-08-02T10:34:45.180-04:002009-08-02T10:34:45.180-04:00Looks like we have intermediate top early August.....Looks like we have intermediate top early August...I agree I don't see 1200 for long time. Most likely top out mid November and close the year 105-110Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-91112917345608219162009-08-02T10:03:48.933-04:002009-08-02T10:03:48.933-04:00It's hard to believe a scenario where the mark...It's hard to believe a scenario where the market hits 1200, simply on valuations alone it makes absolutely no sense, but then again, we've had tech bubbles and housing bubbles, so I cannot assume rationality in the markets. The forecasting models I follow suggest we are close to the top for the year. It makes sense, because I don't see how the news could get any better. I mean, the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-37342908938573756212009-08-02T09:01:32.806-04:002009-08-02T09:01:32.806-04:00Thanks for all your excellent work.Thanks for all your excellent work.Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.com