Cobra's Market View

CoolMax wrote:I suddenly remember the 700B event. which I learnt big lesson at that time.

My strategy would be build Long with short term OTM PUT to hedge.

Glad to see you on board here and thanks for the sharing. CM

cobra, still think an accelerated car can not back down :) still think we make new highs? this market is crazy back test the high still is possible, it's really rare we simply tank from here. but anyway, who cares, I'm shorting now. will worry about bulls the other day. :lol: Wow. That's a pretty c...

Cobra wrote:lunch time. not sure where about the market is going now. my bias is still on the downside.

already lower low. going to bounce and close green this week?

hmm, very quiet here. :roll: Great call, banzhang. Did you learn L1,L2 and the pattern from the books written by "people from Mars"? I didn't read his book, too hard to understand, but if you're enough experienced you'd get his idea, so i adopted his name system for L1/H1/3 Push etc etc. ...

Cobra wrote:hmm, very quiet here.

Great call, banzhang. Did you learn L1,L2 and the pattern from the books written by "people from Mars"?

cobra, is it possible an inverse head shoulder in formation?

Cobra wrote:hopefully it could go like this.

Bear's only hope is that there is pomo this Thursday and Friday. Cobra, Is there any stop criteria on your new impulse model ?

Cobra wrote:VIX new low, welcome to the new era.

uempel's weekend chart really rocks.

the next fighting area I see if Fib 61.8%. but I personally think there're good chances that bears are over AGAIN this time (not many evidences yet, so I said there're chances). I think bear is over 2. It is so easy to have an up trend day but never a down trend day in the past 2 weeks. Just no bra...