10/07/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


SHORT-TERM MODEL THINKS THE TREND IS UP, HOLDING BOTH SHORT (TRAPPED) AND LONG OVER THE WEEKEND

The bottom line, bears finally see some light at the other side of the tunnel, just hopefully it’s not the light of a roaring incoming train. Although such odds (roaring train) are low (which as usual, I’ll present my witnesses in the weekend report) but there’s no sure thing in the stock market, so let’s see what the next week brings us before waving your claws.

I have no idea about the next Monday, seems since the Aug lows, we had more green Mondays.

1

Enjoy your weekends! And my fellow Canadians, happy Thanksgiving!

MECHANICAL TRADING SIGNALS
SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=12%; SDS=12%; UPRO=18%;SPXU=18%
Non-Stop 09/23 S N/A  
Cobra Impulse *For SPY, put a GTC limit buy 15 cents above 10/04 low. Stop loss = 1.7*ATR(10).

3

© 2013 Cobra's Market View — All Rights Reserved.