tag:blogger.com,1999:blog-1523319707289548972.post8635998568234414867..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: 06/04/2009 Market Recap: No TitleCobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1523319707289548972.post-66256602180597492882009-06-05T09:00:10.758-04:002009-06-05T09:00:10.758-04:00Cobra,
Could you comment on the impact of the r...Cobra,<br /> Could you comment on the impact of the rally from a deep discount on the 200DMA to at 200DMA or higher on the major indices. I know you ascribe importance to proportionality in markets. Could the markets exceed the 200DMA by some close percentage to the previous large disount?markhttps://www.blogger.com/profile/16453472077534666092noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-18790975012687320022009-06-05T03:03:53.163-04:002009-06-05T03:03:53.163-04:00Kass predicts a 50 points drop for SPX next.Kass predicts a 50 points drop for SPX next.Unknownhttps://www.blogger.com/profile/17821490535090454633noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-80565891911135675202009-06-05T00:37:36.201-04:002009-06-05T00:37:36.201-04:00Cobra,
Give this a read
http://www.condoroptions...Cobra,<br /><br />Give this a read<br /><br />http://www.condoroptions.com/index.php/market-commentary/discounting-the-recovery/<br /><br />It will make you feel more sane.Dave Narbyhttps://www.blogger.com/profile/10773693145577366704noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-77401388013479783662009-06-05T00:25:31.246-04:002009-06-05T00:25:31.246-04:00Market up, accum down, dist down = sideways.
Marke...Market up, accum down, dist down = sideways.<br />Market down, accum up, dist up = sideways.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-64577147038423304282009-06-05T00:24:44.425-04:002009-06-05T00:24:44.425-04:00Cobra,
I feel your pain.
However, the fundamenta...Cobra,<br /><br />I feel your pain.<br /><br />However, the fundamentals *do not support* that this is the launching off point for a new bull market.<br /><br />When CRE begins to crumble, jumbos start defaulting, Option-ARMs start resetting, and there is no job growth, reality will set in.<br /><br />Personally, I think when the financial co.'s are done with their secondary stock offerings, Dave Narbyhttps://www.blogger.com/profile/10773693145577366704noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-77412159527640949302009-06-05T00:16:40.760-04:002009-06-05T00:16:40.760-04:00Cobra,
That accumulation/distribution chart. I a...Cobra,<br /><br />That accumulation/distribution chart. I assume the following:<br /><br />If market is up and accumulation is down = bearish.<br />If market is up and distribution is down = bearish?<br />If market is down/sideways and accumulation is up = bullish<br />If market is down/sideways and distribution is up = bullish. <br /><br />What happens in the event of a combination? <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-21213376172232174822009-06-04T23:41:08.323-04:002009-06-04T23:41:08.323-04:00Dave, I know, there're too many reasons for se...Dave, I know, there're too many reasons for selling off, but simply the market is up and up and up. And such kind of madness has already caused a permanent mental damage to me. LOLCobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-80171489592868052202009-06-04T23:34:47.263-04:002009-06-04T23:34:47.263-04:00She she, she she ni! Many thanks Cobra,
Looks li...She she, she she ni! Many thanks Cobra,<br /><br />Looks like a bull flag on the TNX to me too,<br /><br />PIMPCO, I mean, PIMCO's head is saying the dollar is gonna tank (which means he's probably long) http://globaleconomicanalysis.blogspot.com/2009/06/bernankes-monkey-see-monkey-dont-policy.html<br /><br />Short bets against the dollar are at record levels<br /><br />http://Dave Narbyhttps://www.blogger.com/profile/10773693145577366704noreply@blogger.com