THE SHORT-TERM MODEL HAS NO IDEA ABOUT THE TREND HOLDING BOTH LONG (TRAPPED) AND SHORT OVERNIGHT
The bottom line, the close was strong but I don’t think it means today’s drop is just one day event. I’ll as usual present my witness in tonight’s report.
A little bullish biased toward tomorrow for 2 reasons, not much edges, just a little better than random though.
- When both VIX and SPX down on the same day, buy at today’s close, sell at close tomorrow, you’d have 61% chances. Yes, I know you’d ask what if SPX down big while VIX in red? I will answer this tonight, not much edge for tomorrow, that’s for sure.
- The next day after a Major Distribution Day had 62% chances to close in green.
December 12, 2011 at 6:04 pm
thx,ding
December 12, 2011 at 6:26 pm
Cobra…long time follower, just signed up!!!…lets do this!!…thanks for what you do
December 13, 2011 at 1:09 am
Thank you, thank you, appreciate! 🙂
December 12, 2011 at 6:39 pm
Great weekend call about12/8 low revisit , love the chart with the possible outcomes for the week. Would be a nice addition to your weekend report about potential direction each week.Signed up for your service.Keep up the great work, love when you include odds probabilities.Thanks again.
December 13, 2011 at 1:09 am
Thanks, really appreciate. I’ll try to explain all the possible route and my bias in my report if possible. Thanks for the suggestion.
December 12, 2011 at 6:44 pm
I concur with tytobebad. Great call Cobra over the weekend re. Thursday’s low will be revisited. Amazing!
December 12, 2011 at 8:33 pm
Cobra correctly predicted that 12/8 low will be revisited within 2 trading days! Truely amazing. I signed up your service last week, and this is my first comment on your web site. Do you think we still have a santa clause rally then? In other words, do you think that the market will end the year higher than today? Thanks!
December 13, 2011 at 1:08 am
Thanks for registering.
I still believe Santa Rally. No evidences if we end the year higher than today though.
December 12, 2011 at 9:45 pm
今天的 intraday watering 是对大众开的吗? 还是只有member 才能看?
December 13, 2011 at 1:07 am
我还没有开始测试呢。大家要求帮助注册的很多,所以早测试了没有用,这些问题还是要先解决的。