Tagged "MADAfterMDD"
SHORT-TERM: MAYBE RED TOMORROW, BIGGER PICTURE NOT CLEAR WITH WARNING SIGN THOUGH
Temporarily clueless about the short-term trend. Need see which line gets broken first, so let’s wait for a few days. [Read the Rest]
...SHORT-TERM: COULD SEE PULLBACK AT LEAST TOMORROW MORNING
Two cents:
- May see pullback at least tomorrow morning.
- The market is not out of the wood yet, dangers are still high it would sell off given the fact that Euro still looks weak.
SHORT-TERM: NOT SURE IF SANTA IS EARLIER IN TOWN, LET’S SEE TOMORROW
The conclusion today is a little bit subjective, because theoretically, I should never tell you that this time is different, so my official language should be “let’s see tomorrow”. [Read the Rest]
...THE SHORT-TERM MODEL BELIEVES THE TREND IS UP HOLDING LONG (TRAPPED) POSITION OVERNIGHT
The bottom line, see chart below. Giving today’s strength, I couldn’t help thinking that this time might be different, but this is definitely not a way we should trade because if you keep thinking this way, then chances are you mostly bet on the side that has lower odds. [Read the Rest]
...SHORT-TERM: STILL EXPECT 12/08 LOWS TO BE REVISITED
First of all, starting from the next week:
- We’ll have a drill (test post) to make sure all the paid members are able to read member only posts.
THE SHORT-TERM MODEL BELIEVES THE TREND IS UP HOLDING BOTH LONG AND SHORT (TRAPPED) OVER THE WEEKEND
The bottom line, everything goes as planned, so still the Thursday’s low will be revisited early the next week. [Read the Rest]
...Tip: Now you can use shortened name: www.cobrav.com to access Cobra’s Market View.
SHORT-TERM: IN WAIT AND SEE MODE
Three cents:
- Could see red day tomorrow and more likely today’s low will be revisited.
SHORT-TERM: EXPECT THE REBOUND TO FAIL EVENTUALLY
Maintain the call that the rebound eventually will fail. I’ve been mentioning lots of reasons in 08/02 Market Outlook, 08/05 Market Outlook and 08/08 Market Outlook, so won’t blah blah here again. [Read the Rest]
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