tag:blogger.com,1999:blog-1523319707289548972.post7232908673255810940..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: 08/21/2009 Pre-Market BriefingCobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-1523319707289548972.post-43818748614389802912009-08-21T17:41:16.481-04:002009-08-21T17:41:16.481-04:00http://www.youtube.com/watch?v=aSmKEuHuU_s&fea...http://www.youtube.com/watch?v=aSmKEuHuU_s&feature=player_embeddedBuffetnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-44747295103615180942009-08-21T17:30:21.595-04:002009-08-21T17:30:21.595-04:00I still think chart 0.0.1 has met many conditions ...I still think chart 0.0.1 has met many conditions for a market top now. While I was sitting in cash the past two days and tilted bullish due to the spike in Normalized CPC (but unwilling to go long), I see how quickly it has corrected downward with this market spike and now am heavily short. I recognize there could be minor new highs, but at these levels it's worth the bet.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-12058982302626072002009-08-21T17:30:02.937-04:002009-08-21T17:30:02.937-04:00Cobra,
Thank you again for posting the Institution...Cobra,<br />Thank you again for posting the Institutional Buying/Selling Chart - really a great help to visualize market action.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-19528237929205670822009-08-21T17:21:31.224-04:002009-08-21T17:21:31.224-04:00You mean we're repeating 2004? Well, we'll...You mean we're repeating 2004? Well, we'll see.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-53478649782490892552009-08-21T17:12:57.014-04:002009-08-21T17:12:57.014-04:00Great update, but what happened back in 2002-2004?...Great update, but what happened back in 2002-2004?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-78615579260838483402009-08-21T17:03:49.600-04:002009-08-21T17:03:49.600-04:00Not record low, but it's sure very low.Not record low, but it's sure very low.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-89178002047362025482009-08-21T17:02:26.734-04:002009-08-21T17:02:26.734-04:00Cobra, thx for the reply on CBOE P/C ratio. If th...Cobra, thx for the reply on CBOE P/C ratio. If the number is correct, would that be like a record low? On your chart it seems it never went below 0.6...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-70663457393358153422009-08-21T16:37:59.035-04:002009-08-21T16:37:59.035-04:00Insititutions were writing septmeber calls like cr...Insititutions were writing septmeber calls like crazy.<br /><br />About same level during last week of Dec 2008.<br /><br />http://stockcharts.com/h-sc/ui?s=$CPC&p=D&b=2&g=0&id=p88250536701&a=146024983&listNum=6Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-13390251414169926542009-08-21T16:27:25.533-04:002009-08-21T16:27:25.533-04:00Not wrong. I'll say a red Monday if this value...Not wrong. I'll say a red Monday if this value still works.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-86076857830164257392009-08-21T16:25:31.275-04:002009-08-21T16:25:31.275-04:00Cobra, the "2.8.1 CBOE Options Total Put/Call...Cobra, the "2.8.1 CBOE Options Total Put/Call Ratio" probably wrong right now, I mean a below 0.6 reading?! wow...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-65991118492099802522009-08-21T16:22:26.166-04:002009-08-21T16:22:26.166-04:00EW Guy, thanks. I had lot worse than that because ...EW Guy, thanks. I had lot worse than that because I own a very large forum. I'll say what I see no matter how hard time someone gives me. There's no way to force this blog to shut down unless I'm dead or handicaped.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-37549453808881119302009-08-21T16:04:26.926-04:002009-08-21T16:04:26.926-04:00This is delayed data but as of 2:30pm from CBOE in...This is delayed data but as of 2:30pm from CBOE intra-day volume: Equity Options: Calls-2,334,172 Puts-925,351 Total: 3,259,523<br /><br />Total Put Call Ratio=.59 (including Index options) <br /><br />Clearly equity puts are less than 1/3 of total options. Is there a better data feed?<br /><br />----Mr. PanicAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-4798045935982332912009-08-21T15:58:29.759-04:002009-08-21T15:58:29.759-04:00High volume breakout, new high, Intermediate trend...High volume breakout, new high, Intermediate trend is obviously not down!<br /><br />Even if it pulls back... they still are going to buy the dip and it will be another week or so till labor day!<br /><br />There is no reason to give Cobra a hard time!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-68524153419304649432009-08-21T15:49:00.120-04:002009-08-21T15:49:00.120-04:00Cobra - I think that the anny at 3:44 PM was kiddi...Cobra - I think that the anny at 3:44 PM was kidding..<br /><br />Since you were bearish last couple of days and the market went up. Thus, he is suggesting that you can be bullish for Monday so that the market can go down.... I think that he was giving you hard-time....<br /><br />Come on guys... It's OE week... a lot of whacky things happen... Cobra- You are doing a great work... Sometimes, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-42716047990232366442009-08-21T15:45:47.382-04:002009-08-21T15:45:47.382-04:00Panic, I see CPCE at 0.40 now.
Anony at 3:44pm, s...Panic, I see CPCE at 0.40 now.<br /><br />Anony at 3:44pm, sorry I don't understand what you mean? Tomorrow is Saturday.Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-74713623920462629722009-08-21T15:44:14.971-04:002009-08-21T15:44:14.971-04:00Cobra, you can be bullish tomorrow!Cobra, you can be bullish tomorrow!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-66008461254947162932009-08-21T15:21:48.820-04:002009-08-21T15:21:48.820-04:00I just calculated by hand a $CPCE of .28 as of 2pm...I just calculated by hand a $CPCE of .28 as of 2pm from statistics on CBOE's website. That is unbelievable; and it's hard for me to take seriously but I tried to verify it approximately another way and it seemed close enough to confirm. CBOE had total put call ratio at .6 and index put call ratio is above 1. Basically 3 million total equity options to around 900,000 puts traded. Is Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-69236018812138106502009-08-21T14:24:50.208-04:002009-08-21T14:24:50.208-04:00Cobra, does Sept options suggest a huge drop?Cobra, does Sept options suggest a huge drop?Bonnynoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-7505969161957220262009-08-21T14:10:45.266-04:002009-08-21T14:10:45.266-04:00I can't wait to see what Sept brings.I can't wait to see what Sept brings.Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-42715742328791614512009-08-21T12:37:47.748-04:002009-08-21T12:37:47.748-04:00Thanks for your explanation on Institutional Buyin...Thanks for your explanation on Institutional Buying/Selling. <br /><br /><br />EW GuyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-17506268042220224272009-08-21T10:38:19.361-04:002009-08-21T10:38:19.361-04:00Jinhui, thanks!Jinhui, thanks!Cobrahttps://www.blogger.com/profile/09332879456290234613noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-34290824045052619552009-08-21T10:36:04.096-04:002009-08-21T10:36:04.096-04:00So much for the red close... look like a very lon...So much for the red close... look like a very long way down even for a gap fill...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-47434539710824662912009-08-21T09:25:31.406-04:002009-08-21T09:25:31.406-04:00Cobra,
Thanks for the update. oh, i did not notice...Cobra,<br />Thanks for the update. oh, i did not notice yeasterday was your birthday. Happy birthday!Anonymoushttps://www.blogger.com/profile/03177354796388379011noreply@blogger.comtag:blogger.com,1999:blog-1523319707289548972.post-1518002747211962722009-08-21T09:20:45.386-04:002009-08-21T09:20:45.386-04:00ES futures are rocking this AM.
I guess everyone ...ES futures are rocking this AM. <br />I guess everyone has rocketship to ride now.Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.com