tag:blogger.com,1999:blog-1523319707289548972.post7402316326628731012..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: 01/30/2009 Market Recap: No TitleCobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-1523319707289548972.post-21461239946049431222009-02-03T18:50:00.000-05:002009-02-03T18:50:00.000-05:00Firework means up big.Firework means up big.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-89152921162249830952009-02-03T16:58:00.000-05:002009-02-03T16:58:00.000-05:00what is a firework?what is a firework?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-10118244213785729102009-02-02T11:12:00.000-05:002009-02-02T11:12:00.000-05:00You're right, I think I interpreted wrong about Ru...You're right, I think I interpreted wrong about Russell 3000 Dominant Price-Volume relationships. Friday's price down volume up was a bearish sign.<BR/><BR/>As for indicators, there're no perfect one. I personally like NYSI for intermediate-term and NYADV for short-term.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-88852609510217275372009-02-02T00:30:00.000-05:002009-02-02T00:30:00.000-05:00Cobra:Your "Russell 3000 Dominant Price-Volume Rel...Cobra:<BR/><BR/>Your "Russell 3000 Dominant Price-Volume Relationships" chart appears to show the latest bar as being bullish.<BR/><BR/>Also, the guide to the right of the chart states that Price Down, Volume Up candles are Bearish at the beginning of a selloff and Bullish if the selloff has lasted for awhile.<BR/><BR/>So, are you assessing Friday's candle to be Bullish because you are analyzing Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-85951752367080562182009-02-01T21:32:00.000-05:002009-02-01T21:32:00.000-05:00No worries...Only anonymous because I'm not intere...No worries...Only anonymous because I'm not interested in spending the few valuable hours of my life having arguments on the Internet.<BR/><BR/>Rather be an anonymous asshat.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-44916201002348766482009-02-01T21:23:00.000-05:002009-02-01T21:23:00.000-05:00Thanks, got you. LOLThanks, got you. LOLCobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-39252972056276447512009-02-01T21:04:00.000-05:002009-02-01T21:04:00.000-05:00Don't get me wrong, your TA kicks ass.I've just he...Don't get me wrong, your TA kicks ass.<BR/><BR/>I've just heard "Head and Shoulders" every bounce for 4 months now. On every bounce...<BR/><BR/>And as a sentiment indicator, I bet Head and Shoulders will be valid as soon as everybody is sick of hearing it. There is a "Volume Confirmation." Which doesn't fit the pattern. Not saying it is or isn't valid, but it weighs against it.<BR/><BR/><BR/>As Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-23972200579764647142009-02-01T20:56:00.000-05:002009-02-01T20:56:00.000-05:00This comment has been removed by the author.Erichttps://www.blogger.com/profile/05121929976564642069noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-6312850269106306832009-02-01T18:37:00.000-05:002009-02-01T18:37:00.000-05:00Volume confirmation? I don't understand the questi...Volume confirmation? I don't understand the question. General rule, breakout/breakdown requires bigger volume.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-31788124156479542592009-02-01T18:35:00.000-05:002009-02-01T18:35:00.000-05:00What is the Volume confirmation on a Head and Shou...What is the Volume confirmation on a Head and Shoulders?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-56721580453586987382009-02-01T17:33:00.000-05:002009-02-01T17:33:00.000-05:00Yes, singals are mixed, no solid conclusion, altho...Yes, singals are mixed, no solid conclusion, although I believe the trend is down. <BR/><BR/>I have my own guess about how the market goes next week, but the format of my report is based on the facts, so if no facts, I won't say anthing additional.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-62582110366027184532009-02-01T17:27:00.000-05:002009-02-01T17:27:00.000-05:00In general, I'm having difficulty interpreting tod...In general, I'm having difficulty interpreting today's report. <BR/><BR/>Although U.S. market futures are down almost 2% at the moment, it appears that you believe that charts point to a bounce on Monday morning. Outside of that short-term (perhaps done by midday Monday) bounce, however, I'm not clear on whether your analysis is suggesting renewed weakness or a broad resurgence in the markets Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-79183513791077894262009-02-01T17:23:00.000-05:002009-02-01T17:23:00.000-05:00Yes, correct. ROC30 > 9, market topped (sometim...Yes, correct. ROC30 > 9, market topped (sometimes a month ahead though). Check 8.0.4 and 8.0.5 in my chart book for the visual back test of this indicator.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-81784543533267809422009-02-01T17:20:00.000-05:002009-02-01T17:20:00.000-05:00Cobra,I'm not sure I understand the 10-year T-bill...Cobra,<BR/><BR/>I'm not sure I understand the 10-year T-bill chart. Are you saying that when the 30-day ROC is greater than 9, then the equity markets have most likely topped?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-64428779102103634382009-02-01T17:18:00.000-05:002009-02-01T17:18:00.000-05:00Dear Cobra,Thank you for your great analysis of th...Dear Cobra,<BR/><BR/>Thank you for your great analysis of the stock markets. I really appreciate you taking the time to prepare such impressive analyses each day.Anonymousnoreply@blogger.com