09/13/2011 Trading Signals

Cobra

THE TREND IS UP AS PER SHORT-TERM MODEL, HOLDING SHORT POSITION OVERNIGHT

The bottom line, today is the weakest follow-through I’ve seen since the Aug 9 lows, bulls need show more strength tomorrow otherwise the rebound might not go very far.

So the question is, will we see a renewed strength from bulls tomorrow? As of now, I’m a little skeptical, because TICK closed above 1,000 again today which means more likely no big up tomorrow if not red.

The short setup of the Cobra Impulse System wasn’t confirmed today but the system will try to sell short again tomorrow, see table below for more details.

MECHANICAL TRADING SIGNALS

SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=11%; SDS=11%; UPRO=17%;SPXU=16% Non-Stop 08/25 L N/A Long is risky when long term signals are on the sell side. Cobra Impulse 09/07 L 1.7*ATR(10) *Short if below 09/13 low and close red tomorrow, stop loss = 2*ATR(10).

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 SSO 09/13/2011 $40.51 50 $35.65 09/13/2011 $40.88 18.50   SDS 09/13/2011 $24.03 100 $21.39     SDS 09/02/2011 $24.35 100 $21.43 09/13/2011 $23.48 3.00   SDS 09/01/2011 $22.94 100 $19.96 09/01/2011 $23.01 7.00   SSO 08/30/2011 $44.09 50 $38.69 09/12/2011 $38.69 -270.00 Gap down, manual stop loss used. LAST   2935.00   SUM   2693.50

$300 max loss allowed per trade. For fun only. LAST = Year to the last month balance. SUM = Year to date realized gains/losses.

Fan8an

Fan8an

whzdf

vanbj

like2swing

silicon_beaver

Two green days. likely expect a red day tomorrow.

葡萄柚

Ed02

netbanker

greenback

xchen9

acoust

First page!

spo

GoldLover

Thank you very much.

nanosensor

Thanks

austinjoe

Thanks

slcgh

michaelzhang

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