12/13/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


THE SHORT-TERM MODEL BELIEVES THE TRND IS DOWN HOLDING BOTH LONG (TRAPPED) AND SHORT OVERNIGHT

The bottom line, I believe the selling isn’t over yet.

I have no idea about tomorrow, just in case you wan to know, when both VIX and SPX were down for 2 days in a row, buy at close today and sell at close tomorrow, you’d have 67% chances. On the other hand, when SPX down 0.8%+ while VIX is down too, short at close today and cover at the close tomorrow, you’d have 65% chances. So certainly contradictory statistics but if you read both charts carefully, you’d see in most cases, no matter up or down tomorrow, chances are more selling ahead.

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  • Anonymous

    thx,ding

  • uempel

    BPNYA down 0.64%, BPCOMPQ down 1.10%, BPNDX down 3.45%, BPSPX down 0.86%, BPOEX down 1.52% and BPINDU flat. As to the sectors: BPENER (Utilites), BPHEAL (Healthcare) and BPMATE (Materials) were all down more than 3%.

    Bearish: BPSPX has been rejected at 62 and is rolling over, SPX failed to break the 200 DMA at 1264, cu was down again on Tuesday by 5.03%.

    As to the bullish signals – support DMA 377 at 1224.19 held…

  • BB Finance

    Any idea about the seasonality of the Monday after Dec OE?

  • Anonymous

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    congratulation to the best Cobra.

    • Anonymous

      humblestudent666, what is your site? i would like to see/visit too 😀 .. i am new here… very very new…

      • Anonymous

        newbie, in respect to Cobra, to post my site here is improper. you can google it.
        you should subscribe to Cobra’s paid service, i highly recommend.

        • Anonymous

           thanks. i already subscribed to master cobra’s site (like last month) :D….

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