08/30/2010 After Bell Quick Summary

Cobra

The bottom line, the short-term trend is down and I hold no position overnight.

 

One trick for tomorrow, when NYSE Down Volume : NYSE Up Volume >= 9 (Major Distribution Day), 32 out 50 times (64%) a green day the next. Noticed that the trick didn’t work well recently, so be careful.

 

 

I searched as far as to year 2000, there wasn’t a case like we have now – A Major Accumulation Day (NYSE Up Volume : NYSE Down Volume >= 9) followed by a Major Distribution Day (NYSE Down Volume : NYSE Up Volume >= 9) back to back. So apparently we’re now in no man’s land. The consequences? Well, I wish I could know. The only thing I’m sure is tomorrow will be a key day as bulls need a green day to avoid a bad sign that worked 8 out of 8 times recently. I’ll talk about this in tonight’s report.

ppteam

like I said, MAD/MDD in Aug don't count.

H@T

源济

IMeMyself

first page

妞妞

summer123

laolaoyao

Laodoa,

any more edge if adding up or down percentage to MDD and MAD?

Thanks

永恒罗马

acoust

First page,

greenback

It seems that the statistics for the Labor Day effect in Cobra's report works well today. According to the statistics, we might have a small red day tomorrow ... This is also consistent with the end-of-month statistics in the report.

linksys2006

thanks, cobra.

Alchemist

unusual uncertainty, and Ben Bernanke is uncertain to QE 2 or not to, and it's certain that his co-workers are divided into two camps.

with this uncertainty, those recently accumulated bad data appear to be heavy and heavier.

开小差

thx, ding

c3456

回复 1# Cobra


   

slcgh

fu2008

回复 1# Cobra


   

RussBerry

abaqus

Diffusion

Yep, a ghost town. If you want to be there, I'm sure you will be freaked out.