tag:blogger.com,1999:blog-1523319707289548972.post27630699464525585..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: 04/29/2009 Market Recap: The 5th Unfilled GapCobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-1523319707289548972.post-72256662524034706702009-05-01T12:22:00.000-04:002009-05-01T12:22:00.000-04:00Manday, no idea now. Let's wait until the market d...Manday, no idea now. Let's wait until the market does start to pullback which at the current stage still seems a dream to bears. :-)Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-29082730670752182182009-05-01T02:16:00.000-04:002009-05-01T02:16:00.000-04:00CObra, thanks a lot for your good work and diligen...CObra, thanks a lot for your good work and diligent studies. The bull market can't stand upon one leg as you have said. We see it finally let go from standing on leg too long. I am interested in your point of buyable dip. So to what point that it will be a safe bottom for us to go long after its retrace? I know many bears would like to see it below 780, is it unrealistic or actually possible Unknownhttps://www.blogger.com/profile/17821490535090454633noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-26353500276235959882009-04-30T22:41:00.000-04:002009-04-30T22:41:00.000-04:00Flax, counting Nov low and Mar low, it's more like...Flax, counting Nov low and Mar low, it's more likely a potential Head and Shoulders Bottom is in the forming so this means we still need see a right shoulder. And this is more logic as the final down leg shouldn't make a lower low like what had happened in year 2003.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-32018406633198778942009-04-30T22:37:00.000-04:002009-04-30T22:37:00.000-04:00Hi Cobra,
A big round of applause. The quality o...Hi Cobra,<br /><br />A big round of applause. The quality of your work is obvious and we're lucky to have you share it with us. Every day is more impressive than the previous--especially considering the difficult terrain.<br /><br />Sometimes I wonder how bored you might be when trust and solid fundamental growth return to the markets.<br /><br />Thank you,<br />-A.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-496270658214066962009-04-30T21:38:00.000-04:002009-04-30T21:38:00.000-04:00"Any big bottom should be a Double Bottom and I on..."Any big bottom should be a Double Bottom and I only see one here so got to be another one."<br /><br />What about November low and March low. Two bottoms?flaxnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-91097611737667555752009-04-30T20:55:00.000-04:002009-04-30T20:55:00.000-04:00Analysis of today should be a good one. Open high ...Analysis of today should be a good one. Open high and trace all the way down and end up in red. The bulls really trying hard to pull everyone over 880 line.<br /><br />About the gaps analysis. You've done very well with this call!Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-44138698851787250702009-04-30T17:30:00.000-04:002009-04-30T17:30:00.000-04:00Cobra,
sentimentrader's II BULLRATIO is a good exa...Cobra,<br />sentimentrader's II BULLRATIO is a good example of my point. The drop in the ratio goes tegether with drop in SPX, except for early or late bull phase. Thus, it makes no sense to have it now. Very confusing. One can see the same thing on RYDEX BEAR FLOW and similar charts.<br />BTW, I'm glad your signals work. My system did nor work very well lately, lost some money and puting Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-82490044307612942002009-04-30T16:55:00.000-04:002009-04-30T16:55:00.000-04:00Oh, even I'm expecting another down leg, but I als...Oh, even I'm expecting another down leg, but I also said I don't trade against my signals and right now they're mostly on the "buy" side. So even I'm wrong about the next leg, I'd have no problem with it.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-91827385669320956462009-04-30T16:53:00.000-04:002009-04-30T16:53:00.000-04:00Jack, I know what you mean. Believe me, I have ton...Jack, I know what you mean. Believe me, I have tons of signals pointing to either top or bottom, so it's really difficult to say which one is correct. And so I have a very simple bottom line: Any big bottom should be a Double Bottom and I only see one here so got to be another one.<br /><br />And thanks for that "trojan" explain.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-78654949847223242162009-04-30T16:37:00.000-04:002009-04-30T16:37:00.000-04:00Cobra, I was referring to the May 2003 situation w...Cobra, I was referring to the May 2003 situation when TA and sentiment analysis showed a major top and all that happened was more or less a flat consolidation. <br />J.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-53103564222324044602009-04-30T16:35:00.000-04:002009-04-30T16:35:00.000-04:00One more thing re: trojan warnings.
I check cobras...One more thing re: trojan warnings.<br />I check cobras posts on different PC with different AV software and never had a warning. Sounds like a false positive. Regardless, I googled for Maliframe and Giframe and those are low severity and low impact threats according to Symantec's website.<br />J.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-26096188470404129202009-04-30T16:32:00.000-04:002009-04-30T16:32:00.000-04:00Jack, even it were 2003, there's will be a retest ...Jack, even it were 2003, there's will be a retest the low (with a higher low though), that're all my points here. I never see a bull market stands upon one leg.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-80443145078102576482009-04-30T16:29:00.000-04:002009-04-30T16:29:00.000-04:00Re: Dow 10,000.
Anonymous, you are right, I check...Re: Dow 10,000.<br /><br />Anonymous, you are right, I checked and sure enough, CNBC is touting Dow 10,000. Sure sign of top.<br /><br />Another remarkable thing is the triumph of Cobra's TA over the markets. The futures were up over 2% this AM with SP500 registering almost 890 intraday (888 to be exact), yet we closed lower (except for Nasdaq). It was a scary moment for me as I heavily short at Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-82678260944007791992009-04-30T16:11:00.000-04:002009-04-30T16:11:00.000-04:00Cobra, you are the man! I love your analysis. Amon...Cobra, you are the man! I love your analysis. Among many I have read so far, you have by far the best credibility and analysis. I don't mean others are bad, although your analysis and your perspectives have the best details and closer accuracy. Keep them coming please. Many thanks.Unknownhttps://www.blogger.com/profile/17821490535090454633noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-71474882198266349142009-04-30T15:28:00.000-04:002009-04-30T15:28:00.000-04:00Canada: our far more civilized neighbor to the nor...Canada: our far more civilized neighbor to the north.<br /><br />A nation that consistently runs budget and trade surpluses while offering national healthcare and a broad social safety net.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-22989285632194037042009-04-30T14:10:00.000-04:002009-04-30T14:10:00.000-04:00Michael, try use the link provided in my report in...Michael, try use the link provided in my report instead of click directly on the chart. The link has the same chart. My software doesn't detect the virus, but I'll see if I can get a better software.<br /><br />As for why Canadian market? Simple, because I live in Canada. :-) And since I have lots of info/indicators/subscribes about the US market, so I think the US market is a little easier to Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-11091384762277438152009-04-30T13:23:00.000-04:002009-04-30T13:23:00.000-04:00BIG WARNING!!!!
There's a Dow 10,000 headline tod...BIG WARNING!!!!<br /><br />There's a Dow 10,000 headline today on the news. <br /><br />There was a Dow 5,000 headline the day the market bottomed back in March!.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-78615360642650877842009-04-30T07:36:00.000-04:002009-04-30T07:36:00.000-04:00Hi. Love your site. Thought I should let you know ...Hi. Love your site. Thought I should let you know that my virus protection software does not like it when I click on a chart to get the magnified version. For your info, I give you what it tells me:<br /><br />Threats found: 3<br />Here is a complete list:<br />Threat Name: Trojan.Giframe<br />Location: http://lh6.ggpht.com/_P0TlxCObsfU/SZ9E5TBFIRI/AAAAAAAAAOI/DBIefc2Q7vw/s400/cry.png<br /><br Michaelnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-92015902876881900492009-04-30T06:54:00.000-04:002009-04-30T06:54:00.000-04:00the market is in a state of flux. This is due to ...the market is in a state of flux. This is due to the dollar. Dollar keep falling, and market keep rising. When bad news comes out, it usually affects the dollar to the negative. A negative dollar (decline) means that the market is undervalued....ya know...inflation. That's why we rally on bad news. And why we might see DOW 20000Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-16633098103894095142009-04-30T03:52:00.000-04:002009-04-30T03:52:00.000-04:00It will be very risky and very tough to make any m...It will be very risky and very tough to make any money if keep trading in the next week or two. Wait for more clarity. TA shows the market shall peak at 875 and fall off to at least 820 or less didn't happen today. Tough to go against with the government's force and lies when bad news translated into good news. I sold some longs and pick up some FAZ and average down SRS, still with my axp stocker4949noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-77235895999365104042009-04-30T00:08:00.000-04:002009-04-30T00:08:00.000-04:00One more thing...it seems like your blog has gotte...One more thing...it seems like your blog has gotten even better over the last few weeks!<br /><br />It is very cool that you are turning out analysis seven days a week now. I even read the Canadian market report despite not trading in that market. On that subject, please answer the following two questions:<br /><br />1. Of all markets from which to choose, why did you select the Canadian marketAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-24869569344898421742009-04-30T00:01:00.000-04:002009-04-30T00:01:00.000-04:00Cobra, thank you again for all the work you put in...Cobra, thank you again for all the work you put into these analysis. We greatly appreciate you!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-45503383015893290722009-04-29T23:58:00.000-04:002009-04-29T23:58:00.000-04:00If you are going to trot out quotes, then I want a...If you are going to trot out quotes, then I want a turn, and this one is deep and meaningful.<br /><br />The "Theme of the Bulls" today:<br /><br />"Today was a good day. I didn't have to use my AK."<br /><br /><br />Okay, so its only meaningful if you are familiar with 90's pop culture, and it isn't deep at all, but it is more interesting than yours.<br /><br />:PAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-31593088362601670492009-04-29T23:50:00.000-04:002009-04-29T23:50:00.000-04:00"Clarity of Perception...
yields Accuracy of Resp..."Clarity of Perception...<br /><br />yields Accuracy of Response."<br /><br />Master Cobra-<br /><br />many thanks for teaching us to SEE more clearly.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-11363367458251428062009-04-29T23:18:00.000-04:002009-04-29T23:18:00.000-04:00Another seesaw battle on top of the mountain.Another seesaw battle on top of the mountain.Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.com