Cobra's Market View

Does anyone know what's happening with MWJ? It's down over 7% whereas VO (the unleveraged midcap etf) is up nicely.

Cobra, Since you're serious about doubting indicators and statistics, what do you think that means about systems (CIS, short-term, etc.). As far as I know, a system has to be built using statistics and, to some degree, indicators (in the broad sense, to include the obvious MACDs etc., but also bread...

Here's an interesting persepctive on the Ted Spread: http://marketsci.wordpress.com/2008/11/ ... ck-market/

Cobra,
Just trying to see if my stoploss math is correct. Am I right that the Impulse System got stopped out this morning?

Cobra, I know that this isn't the proper forum for this question, but I don't think that you pay much attention to the Trading Signals forum intraday. So, could you clarify what the Impulse system means by a day closing in the red or green? Does it mean green or red from the previous days close or f...

Cobra,

Am I right in assuming that if the SPY closes in the red today, the CIS will go short?

As always, thanks for all your tireless work.

@Cobra Is there any rule regarding to the massive gap-up of yesterday? no. other than short-term pullback, long term good kind of stuff. but as you can see, nowadays people keep telling me don't ever say stuff like tomorrow is up or down, a day or two pullback, because it's useless for them, in ste...

There's positive divergence on the SPX 5 minute chart via the MACD.

Do I assume correctly that if the measured move target it hit, the Impulse System will have been stopped out? Thanks for all you do, Cobra.

Cobra,

Does this apparent range day change your intermediate forecast (multi-week rally)?

Cobra, do you have a target for the second leg down?

I'm new here, so pardon a question that has perhaps an obvious answer. If the Impulse System goes long today (or any day), will it go long at market close or market open tomorrow?

I am legit.