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The links you provided are nothing but advertisements and offer no information regarding the system.trendfollower wrote:Interesting examples on Momentum Reversal Method for picking stocks:
http://goo.gl/Lj6Bi
More on method here:
http://goo.gl/7hn7e
I have been following this for a while.
Thanks for the suggestion. I may eventually combine them but now I need complete the system and test them for awhile before making them final. Anything in Trading Signals must be final.Al_Dente wrote:PAGING COBRA:
Cobra u said yesterday:
””””I guess someone does read my daily portfolio update. I almost give it up because it's too damn hard to do 5 systems at the same time”””””
Please put this in your suggestion box:
If there is a way for you to COMBINE your “Portfolio Update” page with your “Trading Signals” page, it might be easier on you, and would be easier on subscribers (me). There must be a way to combine 5 systems into 4 or even 3 with NO LOSS of essential content.
Streamline: like the way u combined the English with the Chinese translation onto one single page.
And by “essential” I mean ALL your overnight posts are ESSENTIAL to me.
[Just a suggestion from one person who reads all yr stuff every night or pre-market a.m.]
Keep up the GREAT work
Anemic RSP:SPY ratio indicates that only generals are advancing in this phase of market advance. (IWM:SPY ratio indicates the same). This seems like a classic market top formation; large cap gaining- small cap lagging. A subscription service that I have followed for the past 15 years has an indicator called selling vacuum. This proprietary indicator is a blazing Buy, in line with your assertion that this market is driven by lack of sellers and desperate buyer who are willing to pay anything in fear of being left behind (thus buy the dip seen in the last few months). Only the timing of the ending and not the end is a matter of speculation, in my opinion.Al_Dente wrote:Here’s the rub:
We’re in such a nosebleed zone that there’s not much supply up here (see “volume by price” in blue bars at left; it shrinks at our current level).
If short-covering continues and more buyers crawl out of the woodwork, the lack of supply could just push prices higher, as buyers stretch to long at any price, so to speak. And the simple laws of supply (little) and demand (we’ll see just how much demand, if any, is still left) could kick in again…
Anything is possible, including the opposite. All bears need is a decent piece of neg news (pick your favorite crisis catalyst: oil, Iran, EU, etc.)
for this scenario to reverse quickly.
If u revise this chart and cut it off at 2007 or 2009 or 2010 etc., you will see the same low (and even lower) volume/supply.
Alternative interpretations are welcomed.