11/28/2011 Portfolio Update


Cobra's Market View Private Messaging System shows:


Well, glad I closed most of the TZA and DZZ last Friday. That proves, OCCASIONALLY I could be right Winking smile. And I desperately need a rule to allow me to sell UCO at the open this morning, such as a pyramid position dipped under water for a few days then suddenly one day saw sun is shinning, hey, come on, it’s the time to run! Well, without further statistics, guess for now I could do nothing about it just like that DGP trade which was a typical profit turn into loss, a huge loss.

The system will try to short gold tomorrow, set DZZ buy stop at $4.72, stop loss around $4.29.

The bond seems a buy dip setup, although the program missed 1 cent to confirm the setup but I think you’d like to know. Generally it’d be to set TMF buy stop at $71.60, stop loss around $60.74. Officially in this portfolio update, I’d count the setup not triggered though.

2

4 Comments on "11/28/2011 Portfolio Update"
  1. Comment left on:
    November 28, 2011 at 10:39 pm
    Anonymous says:

    Cobra, It seems that TMF should have been stopped out today as well, it opened at just a bit over $67 …

    • Comment left on:
      November 29, 2011 at 1:37 am
      Cobra says:

      Sorry, posted wrong chart. 

  2. Comment left on:
    November 29, 2011 at 2:35 am
    steveo77 says:
  3. .
    November 29, 2011 at 3:34 am

    […] morning, such as a pyramid position dipped under water for a few days then suddenly one day saw sun [Read the Rest] Cobra’s Market ViewA Fun Fact… This day in history… Related posts:11/08/2011 Portfolio […]

Comments have been disabled here. This discussion has ended.
© 2013 Cobra's Market View — All Rights Reserved.