09/24/2016 Weekend Update

[Cobra]

Smart money remains huge short so not case 2.) yet, therefore not bottomed?


How I use the chart:

I don't care what's the logic behind the chart. I found it works in the following two cases:

1.) When market up huge, if I see smart money huge short, best if new record short, then I know a short-term pullback is due soon.
2.) When market down, if I see smart money suddenly rises sharply from very negative value, then I know the pullback was over.

So I only use this chart for the above 2 cases. Besides those 2 cases, it means nothing to me. i.e. the absolute value of this chart means nothing to me, I only care if it rises sharply or drops sharply.

[Cobra]

The weekly sentiment poll is here:
viewtopic.php?f=9&t=2190

[Cobra]

Summary of the week's stock picks:
viewtopic.php?f=10&t=2184&p=230287#p230287

[Cobra]

the stock picks for the next week are here:
viewtopic.php?f=10&t=2192&p=230289#p230289

[BullBear52x]

From it is what it is department,
daily momentum and pricing are improving. but if 2160 failed to hold up, watchout!

[Out of Bounds]

The Bank of Japan has decided to target the yield curve in its monetary policy.
I would like to point out that the yield curve is a result of monetary policy and market expectations, not a tool. This will work as well as price controls did when used to fight inflation.

This is terrible policy and could have terrible results.