Cobra's Market View

Cobra,

VIX hitting lower BB, -ve money flow reading didn't work.

I think, the best way to make money is buy when others panic and sentiment reading are too bearish.

Hi Cobra,

You mentioned today will be down day. Instead its a strong up day.
I think too many became too bearish.

Thanks.

Cobra,

Are you still sure SPX going to close red for this week?

Thanks.

Hi Cobra,

You mentioned few TradingMarkets's trade setups triggered buy signals. Last time you mentioned also these signals were profitable. How to get these signals before close of the trading day? Could you pl. mention in this blog before market close?

Thanks.

Hi Cobra,

In weekend commentary, you mentioned spx will go below 4/20 in short term. Now you are saying FED meeting is positive for the market.
Its contradicting.

Thanks.

Hi Cobra,

$TYX has broken out of downtrend line in last 2 or 3 week chart. TLT is going down accordingly.

What do you think of its trend in next few weeks to few months?

Thanks.

Cobra,

ISI readings doesn't seem have a statistical edge in predicting market direction.

AAII sentiment shows too many bears.

Hi Cobra,

Your two predictions for today were conflicting each other.

Yesterday engulfing candle stick means up day today.
Based on ISI equity only reading, down day today.

Which one to follow?

Thanks.