tag:blogger.com,1999:blog-1523319707289548972.post7000269049175227799..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: 05/14/2009 Market Recap: Intermediate-term Sell Signal?Cobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-1523319707289548972.post-60152708730213650672009-05-16T15:39:00.000-04:002009-05-16T15:39:00.000-04:00Cobra, I am a moderator on stockstop.org under the...Cobra, I am a moderator on stockstop.org under the userid Analyze. I have been maintaining a string under the TA section called "Leading Market Indices". If you had a spare moment I was wondering if you could comment on my analysis there. We are all fans on the site of your charts and analysis. Link is: http://stockstop.org/viewforum.php?f=2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-14903675912056548282009-05-15T10:08:00.000-04:002009-05-15T10:08:00.000-04:00I have another post for Schweizer, you can find a ...I have another post for Schweizer, you can find a link there.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-14999783807900655602009-05-15T09:23:00.000-04:002009-05-15T09:23:00.000-04:00What article are you referring to?What article are you referring to?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-73860020013316858912009-05-15T05:25:00.000-04:002009-05-15T05:25:00.000-04:00Be aware the the "2" wave in 2001 might be the P2 ...Be aware the the "2" wave in 2001 might be the P2 wave people have been labelling this March-May move.<br /><br />The 2001 Bear was a Tech bubble, not a financial issue directly. This on now is damn serious, and as my article points out, the continued earnings collapse almost points to a market worth near zero. In the depression, the market fell over 90%. Not saying this is the case now, but Schweizerhttps://www.blogger.com/profile/01587683787195196616noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-28413428450583895652009-05-15T02:42:00.000-04:002009-05-15T02:42:00.000-04:00First of all, I want to compliment Cobra for the G...First of all, I want to compliment Cobra for the Great charts provided, you are spot on and I'll be watching SPX875, it will be key for this move. One thing that i want to mention is the impact of the Inverse and Bear ETFs, these ETFs allow so many investors the opportunity to short the different sectors of the Market thus providing enormous momentum to the strength of a downside push. In EW Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-3551765164394104842009-05-15T00:27:00.000-04:002009-05-15T00:27:00.000-04:00Well Anonymous...
It's not exactly my analogy, it...Well Anonymous...<br /><br />It's not exactly my analogy, it's Schweizer over at StockTock. I'm just throwing it out there to consider. I agree with you that there is still a lot of money on the sidelines, and money that the banks haven't spent yet. So, the question will be... will the money on the sideline be enough to rally the market up, or will the negative sentiment overwhelm the market Dan Blacknoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-60146144231235777522009-05-14T23:56:00.000-04:002009-05-14T23:56:00.000-04:00Dan Black,
I don't buy your 2001 analogy. The char...Dan Black,<br />I don't buy your 2001 analogy. The charts look similar but that is about it. 2001 was very early in the bear market and people were buying on dips like crazy. Now were are post major crash, people with heaps of money are sitting on sidelines and Feds are reflating like crazy. Looks like 2002-2003 to me. Yes, the markets will go down from this levels but I would not be surprised toAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-42688867321537728402009-05-14T23:54:00.000-04:002009-05-14T23:54:00.000-04:00It would be great for me too ADD. I'm a trend/swi...It would be great for me too ADD. I'm a trend/swing trader, not a day trader, and I've been burnt here lately. So, I'm sitting on the sidelines for awhile as this plays out. I'm looking forward to this fall. Should be exciting!<br /><br />Dan BlackDan Blacknoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-67024707444083322882009-05-14T23:23:00.000-04:002009-05-14T23:23:00.000-04:00Dan,
Thanks for the contribution. It's great kee...Dan,<br /><br />Thanks for the contribution. It's great keeping an eye open for all possibilities. If the market played out similar to 2001, it would be great (for me)--we just have to remain cautious and vigilant at all times.<br /><br />Thank you,<br />-A.ADDnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-4313057370079000312009-05-14T23:11:00.000-04:002009-05-14T23:11:00.000-04:00Dan, thanks for the info, very nice chart. I think...Dan, thanks for the info, very nice chart. I think the market will continue to pullback, I don't know how low it will go, just the SPX 875 is the key to watch.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-61197352345387465342009-05-14T23:00:00.001-04:002009-05-14T23:00:00.001-04:00Hi Cobra,
I wanted to point you to an excellent p...Hi Cobra,<br /><br />I wanted to point you to an excellent post on http://stocktock.ning.com, by Schweizer. The link is...<br /><br />http://stocktock.ning.com/profiles/blogs/monthly-macd-suggests-we-are<br /><br />In it, he compares where we are today to the chart from 2001. It is eerie in similarities, to say the least. It matches up perfectly with my previous post stating that August 14th Dan Blacknoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-43300531842912283262009-05-14T23:00:00.000-04:002009-05-14T23:00:00.000-04:00too bearish?too bearish?Anonymousnoreply@blogger.com