Cobra's Market View

Thanks a lot. This system used to work quite well - it might be back on track. Note that all three indicators have to be on "sell" for a valid signal (same for a "buy"). Last good signal was a sell on September 22 and it's been on "sell" ever since. XXX.png I can see th...

This system used to work quite well - it might be back on track. Note that all three indicators have to be on "sell" for a valid signal (same for a "buy"). Last good signal was a sell on September 22 and it's been on "sell" ever since. XXX.png I can see the first two s...

Al_Dente wrote:Looks like folks bought plenty of index puts Thursday and Friday

829cpci_png.png

Short term top

-$890.XX???that is huge block trade.
http://online.wsj.com/mdc/public/page/2 ... yflow.html

I remember there was a pBar for SPY being 184.5?

I remember there was one @ 169.35 from yesterday afternoon? Has it disappeared? By the way, another P-Bar fossil (170.99) has been unearthed and mounted in the trophy cabinet. SPY 170.99.png P.S. This is probably meaningless and just for fun. In any case, there are no upside fossils left in the arch...

Vol huge today

Co-ask!

CMT wrote:Cobra - not to give away your report last night but does the comment we all are wondering about with a green day today still hold true?

Binggo!

Cobra wrote:no good, I think the bottom won't hold for long.

We should have 2nd leg down but not necessary today. Correct?

Cobra wrote:OK, bear flag broken on the downside as expected. I'm not sure this is the start of the 2nd leg down or the rebound has more to go though.

Bears look weak.

At least break even after up and downs...out of positions at the end of the day.

What happened to CF? Drop drop drop...

118?

All I know is whenever I trade against Cobra, I lose.
So I decided I better take Cobra's comments seriously.

So we are stuck here to wait for those people's words?

trying to fill the gap?

How do you decide mid price? Cobra, A little off-topic question, but I didn't know where to post. I read over your Cobra Impulse System notes over the weekend and wondered how you did your backtesting. For trade prices, did you use the close on the day of the signal, the open the day following the s...

Good Morning!

Me me!