tag:blogger.com,1999:blog-1523319707289548972.post2011583120843342482..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: 05/07/2009 Market Recap: 2 Down Gaps vs 2 Up GapsCobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-1523319707289548972.post-55450774457385656422009-05-08T17:24:00.000-04:002009-05-08T17:24:00.000-04:00Amen, Brother Dave.Amen, Brother Dave.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-55211960700107579952009-05-08T16:53:00.000-04:002009-05-08T16:53:00.000-04:00Why don't you guys just try looking at the last 3 ...Why don't you guys just try looking at the last 3 months, draw a channel, and play it? : P<br /><br />Cobra's analysis can sure help with better entry and exit points (and possible major turns), but IMO you guys are over thinking it.Dave Narbyhttps://www.blogger.com/profile/10773693145577366704noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-43567818884941986342009-05-08T15:59:00.000-04:002009-05-08T15:59:00.000-04:00Dan, don't feel frustrated, being sometimes wrong ...Dan, don't feel frustrated, being sometimes wrong is part of the trading. The most important thing is to keep alive (i.e. manage your risks). Sincerely wish you good luck!Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-29372190672391506322009-05-08T15:21:00.000-04:002009-05-08T15:21:00.000-04:00Jim, you are absolutely right… However, I did ass...Jim, you are absolutely right… However, I did assume that we would get to the 200 dma, just not without a decent pullback. I think many people were waiting for the ABC to form, so they could get long on the way up. But, it never happened? That’s what frustrated me… and probably many other traders.<br /><br />I'm just amateur trader who quietly reads all the blogs trying to piece together the Dan Blacknoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-54245890871216531862009-05-08T14:28:00.000-04:002009-05-08T14:28:00.000-04:00Winning strategy has been: Don't let anything shak...Winning strategy has been: Don't let anything shake you off the bull...JUST STAY LONG NO MATTER WHAT.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-28369561586689752002009-05-08T09:47:00.000-04:002009-05-08T09:47:00.000-04:00Jim, this round make me realize (again for many ti...Jim, this round make me realize (again for many times) that my way of keeping 2 different fund trading on different method is very important, one is simply following the trend following indicator and another is trading on momentum indicator. Under situlation like this, momentum indicator doesn't work well but the trend following indicator will compensate that problem. Thanks Jim and good luck!Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-51528170841349239592009-05-08T09:43:00.000-04:002009-05-08T09:43:00.000-04:00Hi, Dan, thanks for posting. I'll sure keep up my ...Hi, Dan, thanks for posting. I'll sure keep up my "blog business" as long as the market always can leave me something to "speculate" instead of saying "overbought" everyday. Cheers!Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-91619366407934443292009-05-08T09:41:00.000-04:002009-05-08T09:41:00.000-04:002cents, I tried but couldn't find any statistics.2cents, I tried but couldn't find any statistics.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-17221353992484288072009-05-08T08:46:00.000-04:002009-05-08T08:46:00.000-04:00Cobra,
Do you have any stats on
unemployment no. ...Cobra,<br /><br />Do you have any stats on<br />unemployment no. gap fills...?<br /><br />Thanks <br /><br />2c2centshttps://www.blogger.com/profile/18170928630642881388noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-81241484016391664852009-05-08T03:41:00.000-04:002009-05-08T03:41:00.000-04:00Market will crash on May 12, after that we're head...Market will crash on May 12, after that we're heading back to lower then 6.5k. I wouldn't be worried about it if you are bearish on the market, the ride up was hurtful but the market is done for. You're doing a good job Cobra.princepersiahttps://www.blogger.com/profile/05836577017635206357noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-79237491085393059872009-05-08T01:07:00.000-04:002009-05-08T01:07:00.000-04:00Cobra, you are doing just fine. Only two gaps will...Cobra, you are doing just fine. Only two gaps will be filled in this leg down, the rest in about a month.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-24493110582827381952009-05-08T00:30:00.000-04:002009-05-08T00:30:00.000-04:00very few are successfully at trading the stock mar...very few are successfully at trading the stock market...don't quit your day job. The amount of emotional you have towards the stock market is and will be your downfall.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-27072416494150348892009-05-08T00:22:00.000-04:002009-05-08T00:22:00.000-04:00why is it so suprising that a bear market rally ca...why is it so suprising that a bear market rally can extend up to the 200 MA??<br />hey i got burned anticipating a top too, but i ain't whining about it.<br />i've been trading a long time and i am kickingmyself a little for not remembering marty zweig's old rules of 1) don't fight the fed(and this is the mother of all fed actions), and 2) don't fight the tape( and the tape has been strong)<br />jimnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-52468362544562073942009-05-07T23:33:00.000-04:002009-05-07T23:33:00.000-04:00To all who feel betrayed...
As I lay here, mortal...To all who feel betrayed...<br /><br />As I lay here, mortally wounded from the 2 month battle between the bears and the bulls, I realize that the bulls that I have been fighting is actually an Evil Hunter, dressed up in a bull suit, that has been playing both sides for years.<br /><br />This evil hunter, better know as the crooked banks and crooked leaders. You know the ones who have staged thisDan Blacknoreply@blogger.com