08/10/2011 Trading Signals

Cobra

THE SHORT-TERM TREND IS DOWN, I HOLD NO POSITION OVERNIGHT

The bottom line, strangely enough, I don’t feel bearish about today’s actions as I think the market is taking a breath here before the next leg down. Well, perhaps another sharp down tomorrow would wake me up. 

A little bullish biased toward tomorrow for 2 reasons:

VIX rose more than 22%, buy at close today and sell tomorrow at close, you have 76% chances for the last 2,000 trading days.

43 out of 67 times (64%) a green day after a Major Distribution Day.

MECHANICAL TRADING SIGNALS

SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=16%; SDS=14%; UPRO=25%;SPXU=20% Non-Stop 08/02 S N/A Short is for aggressive traders only. Cobra Impulse 08/04 S 08/08 High

DEMO ACCOUNT FOR SHORT-TERM MODEL (Attention: This is not part of Cobra Impulse System)

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment SDS 08/08/2011 $25.94 100 $23.61 08/08/2011 $26.58 64.00 Had to leave earlier today so sold too soon. SDS 08/04/2011 $23.13 100 $21.51 08/09/2011 $28.35 522.00   SDS 08/04/2011 $23.13 100 $21.51 08/04/2011 $24.00 87.00   LAST   2248.50   SUM   2921.50

$500 max loss allowed per trade. For fun only. LAST = Year to the last month balance. SUM = Year to date realized gains/losses.

soulvirus

soulvirus

PQ168

ysc

oldfox

hu86390216

Bigmouth

1st page.

Bigmouth

Wild guess for tomorrow: open up then down then up tehn down then up?
Starting to learn MM's trick now. Cobra Lao Da is really Niu! Holding cash and 坐山观虎斗！

jcs

donalan

wnd4

thanks

sooners

回复 Cobra 的帖子

oldpigwang

Buy spy call tomorrow  ar openning .

Jinan90

谢谢 （有气无力的牛）

IMeMyself

thanks

dayuangone8

Thanks

shoujie

GoldLover

Thank you.

aimei