tag:blogger.com,1999:blog-1523319707289548972.post4200004101677311913..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: 08/07/2009 Market Recap: A few charts to watchCobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-1523319707289548972.post-26286638549978531562009-08-10T11:57:39.761-04:002009-08-10T11:57:39.761-04:00Correct me if I'm wrong, but ISEE on all indic...Correct me if I'm wrong, but ISEE on all indices and ETF this morning hit 300?! I think that's the highest I've ever seen, no?<br /><br />FrankAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-57085931958618951932009-08-10T09:53:38.750-04:002009-08-10T09:53:38.750-04:00Anon at 4:45am, thanks for remind me. Just I simpl...Anon at 4:45am, thanks for remind me. Just I simply use "signal" to mark the current trend. Whether I believe or not is another story. Also it's true that I'll try my best not to trade against my signal. If I disblieve, I stand on the sideline or trade very lightly.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-80877894837227333632009-08-10T07:44:04.615-04:002009-08-10T07:44:04.615-04:00Need a weekly STO>50 to confirm the new LT tren...Need a weekly STO>50 to confirm the new LT trend, imo.Schweizerhttps://www.blogger.com/profile/01587683787195196616noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-69021499850633811832009-08-10T04:45:19.747-04:002009-08-10T04:45:19.747-04:00Cobra,
Are you sure you changed your long-term vi...Cobra,<br /><br />Are you sure you changed your long-term view to "up" at the right time? Did you check how many SPX calls were shorted last week or for that matter, since this head fake started in early July?<br /><br />That said, I like your work a lot as you and Frank over at Trading the Odds are the most honest technical analysts out there. Keep up the good work!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-66248709773326434352009-08-09T21:45:19.805-04:002009-08-09T21:45:19.805-04:00EW guy, I agree with you. Thanks. I saw EWI's ...EW guy, I agree with you. Thanks. I saw EWI's latest comments either.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-19027596314962142682009-08-09T21:43:26.520-04:002009-08-09T21:43:26.520-04:00Anon of 5:14pm, all I can say is whenever blue or ...Anon of 5:14pm, all I can say is whenever blue or purple gets hit, there's a chance that the market makes a turn. Well, sometimes it doesn't work, this is in fact all TA indicators' common problem: sometimes they work, sometimes they don't.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-78559540381101695542009-08-09T19:03:03.089-04:002009-08-09T19:03:03.089-04:00Kim,
I agree with you on EW. I am also very confu...Kim,<br /><br />I agree with you on EW. I am also very confused to the extent that I wrote Mr. Bob asking him whether he even follows his counts or not because lately EW predictions are terrible. <br /><br />But here are the few things that I would like to mention:<br /><br />Bob asked everyone go short on SP in Oct 2007 and asked every one to cover their shorts on Feb 23rd. I have read Feb 23rd Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-44329024786929974062009-08-09T17:14:24.662-04:002009-08-09T17:14:24.662-04:00Cobra
I am new to TA. On your cycle lines how do ...Cobra<br /><br />I am new to TA. On your cycle lines how do you read what the blue or purple is telling you?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-90510867770792720152009-08-09T17:13:00.390-04:002009-08-09T17:13:00.390-04:00Now, let's look at how those 2x and 3x EFT'...Now, let's look at how those 2x and 3x EFT's function, and why they are ideal for "Put" buying.<br /><br />Since normal stocks or ETF's lose on the time decay in a sideways market buying puts or calls is risky. But, what if the you time decay was slowed down, and your option value might actually increase during a sideways move? You can do this by buying "Put's Dan Blacknoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-6624362401705230722009-08-09T17:11:50.112-04:002009-08-09T17:11:50.112-04:00Anonymous (10:17 AM & 10:43 AM),
I've lea...Anonymous (10:17 AM & 10:43 AM),<br /><br />I've learned my lesson on those 2x and 3x ETF's. The only way to win is with "Puts", (unless you are day trading of course). Actually, you get the added benefit of time decay not killing you in a sideways market. Just like Fujisan (over at Evil Speculator) buys Credit Spreads to benefit from time decay, you can almost have the Dan Blacknoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-67206126304493931402009-08-09T17:02:04.479-04:002009-08-09T17:02:04.479-04:00On the Bob Pretcher wave count comment above:
Ever...On the Bob Pretcher wave count comment above:<br />Everywhere I go whether "Molecool" on Evil Spectulator or "Dr McHugh" everyone has a different wave count. How accurate has Pretcher been on his wave count since April till now? Also do you believe him to the point you are willing to short like hell? I would really appreciate your thoughts. I have become really confused on Kimhttps://www.blogger.com/profile/17227370175158647106noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-29394864277026348832009-08-09T14:44:36.718-04:002009-08-09T14:44:36.718-04:00Cobra,
As usual, great work. Thank you for stikin...Cobra,<br /><br />As usual, great work. Thank you for stiking to the chart and putting forward unbias commentary that is purely based on charts. Awesome work...<br /><br />I am certain that most of you know this but Mr. Bob Pretcher has asked his readers to go cash or short. The mighty Wave 3 shall begin shortly and will take us down.<br /><br />Thus, be careful there.. & trade safely....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-43907337098434406372009-08-09T10:43:46.979-04:002009-08-09T10:43:46.979-04:00Yikes! i made a huge mistake Dan Black is 100% cor...Yikes! i made a huge mistake Dan Black is 100% correct... my first study was misleading... this point of view is more correct...<br />http://stockcharts.com/h-sc/ui?s=SKF&p=D&yr=0&mn=5&dy=0&id=p87896024243Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-67480604363964699432009-08-09T10:25:39.742-04:002009-08-09T10:25:39.742-04:00"usual" should have written unusual"usual" should have written unusualAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-88359150957277738912009-08-09T10:17:20.951-04:002009-08-09T10:17:20.951-04:00Dan Black's comment to Mr. Panic.
"I los...Dan Black's comment to Mr. Panic. <br />"I lost on those both FAZ and FAS several times. Never buy calls on either, as they are both designed to go to zero over time."<br />these dynamic profunds are subject to data mining, but i haven't tried to find an usual example....<br />last 5 months of XLF up 78%, UYG up 138%, FAS up 201%, while SKF is down only 80%, FAZ down only 94%...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-34003542972003761322009-08-09T09:13:50.924-04:002009-08-09T09:13:50.924-04:00outstanding work, thanks Cobra!
my 2 cents on the ...outstanding work, thanks Cobra!<br />my 2 cents on the LT trend, clearly it's up from here, but i won't switch to net long until stochastics come down from these over bought levels.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-61375308223420231532009-08-09T08:28:22.328-04:002009-08-09T08:28:22.328-04:00Cobra
Thanks for sharing all your hard work. It is...Cobra<br />Thanks for sharing all your hard work. It is greatly appreciated!<br /><br />****Dan Black... <br />HAPPY BIRTHDAY tomorrow. Hope to ride the elevator down with you on Monday. Be looking for you over at "ES".<br /><br />DoualaDoualshttp://evilspeculator.comnoreply@blogger.com