Cobra's Market View

I suddenly remember the 700B event back 2008 at similar level. which I learnt big lesson at that time. My strategy would be build Long with short term OTM PUT to hedge. Good luck to everyone! CM lao da hao! Can you please tell me which month of 2008? So i can go to check it from the chart...Thanks!...

I suddenly remember the 700B event back 2008 at similar level. which I learnt big lesson at that time. My strategy would be build Long with short term OTM PUT to hedge. Good luck to everyone! CM lao da hao! Can you please tell me which month of 2008? So i can go to check it from the chart...Thanks!!

Cobra wrote:

feibingjia wrote:Ban zhang, does the top of bump-and-run have to be a round top?
Thanks!

don't understand your question. the bump-and-run was over already.

was it over already? hmmm...it's not as scary as what your textbook chart shows then...

Ban zhang, does the top of bump-and-run have to be a round top?
Thanks!

Ban Zhang, on one side is the phantom bar, on the other side is the new high after 10:30am, and the gap is sort of filled...which one do you think is a stronger indicator ? Thanks! new high after 10:30 am is not what I said, you remember incorrectly! Today is gap down so you should look at new low ...

Ban Zhang, on one side is the phantom bar, on the other side is the new high after 10:30am, and the gap is sort of filled...which one do you think is a stronger indicator ?
Thanks!

Cobra wrote:

feibingjia wrote:Ban Zhang, it seems there is a phantom bar on 5min chart, spy, @10:20-10:25 bar. pointing to the low = 127.97.
have you seen it? do you think that is the point which the market is going to go?
Thanks.

maybe

Thanks, Ban Zhang!

Ban Zhang, it seems there is a phantom bar on 5min chart, spy, @10:20-10:25 bar. pointing to the low = 127.97.
have you seen it? do you think that is the point which the market is going to go?
Thanks.

Good morning, Ban Zhang!

Got you, thanks, ban zhang! So we need to keep tracking the daily prices of SDS and SSO, and then calculate the ATR by ourselves? Or, is there any place from where we can get the info (hopefully, I’m not the only lazy-bones...hehehe...)? you can put ATR indicator on your daily chart then you shall ...

Cobra wrote:hmm, who said the target is for fun?

Cobra, you are the man!

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. the best way to make money is try not to be smart: always follow. For example now the market is up, so long only, don't even bother to...

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. the best way to make money is try not to be smart: always follow. For example now the market is up, so long only, don't even bother to...

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. let's say another example: you're blindfolded. ask you to catch a long stick or club. which chances are higher, you catch exactly the ...

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. the best way to make money is try not to be smart: always follow. For example now the market is up, so long only, don't even bother to...

Good morning, Ban Zhang!

Cobra wrote:Failed OR breakdown. that's frustrating, for 3 times in a row, all my over 90% chances setups were failed.

Ban Zhang, does it mean that the upside momentum is very strong?

Cobra wrote:

feibingjia wrote:Ban Zhang: SDS now is below $22.00, which is the current stop loss for CIS. You said that there might be one more drop, so I wonder if we can buy back SDS and more the stop loss back to 6/14 low ($21.62)…can we do this?

I've answered you in HT9. CIS not stopped out.

Got it! Thanks a lot!!

Ban Zhang: SDS now is below $22.00, which is the current stop loss for CIS. You said that there might be one more drop, so I wonder if we can buy back SDS and more the stop loss back to 6/14 low ($21.62)…can we do this?

Good Morning, Ban Zhang!