10/31/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


SHORT-TERM MODEL NOT SURE IF TREND IS DOWN, HODING TRAPPED LONG POSITION OVERNIGHT

The bottom line, one day doesn’t make a trend especially bears haven’t got any 2 consecutive down days for the whole October, so let’s see if bears could make an exception this time.

Bullish biased toward tomorrow because VIX rose 22%+, buy SPY at close today and sell tomorrow at close, you’d have 78% chances for the last 2,000 trading days.

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