09/29/2011 Trading Signals

Cobra

SHORT-TERM MODEL THINKS THE TREND IS DOWN BUT UNCONFIRMED, HOLDING BOTH TRAPPED LONG AND SHORT OVERNIGHT

I have no idea about tomorrow, the feeling is not bearish though.

So far this week, we had 4 gap up open in a row and 3 of them are almost 20 SPX points gap. The question is, will SPX gaps up again tomorrow morning with another 20 points? I don’t know. I just know:

1. For the past 2 years, all bulls need are imagination and I’ve seen 6 consecutive up gaps (from 12/18/2009 to 12/28/2009), so really 4 consecutive up gaps really are nothing.
2. And we had 3 consecutive 16+ points SPX gap up from 03/17 /2011 to 03/21/2011, so again the 4th 20 SPX points gap up tomorrow is not entirely impossible.

Well, hope you’ve got my sarcasm despite my beautiful Chenglish. Put all the emotional stuff aside, despite I’m not yet ready to give up the forecast that the Aug 9 lows will be revisited but if the market really wants to go up from here, then so be it, I won’t argue a single word (well, I mean aloud, I would still be murmuring…).

Those who follow Cobra Impulse System, the short setup not confirmed and no longer valid and the long position got stopped out today. I think I’ve made it very clear it’s up to you to decide when to take partial profits so don’t blame me for keep getting stopped out… LOL.

MECHANICAL TRADING SIGNALS

SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=12%; SDS=11%; UPRO=18%;SPXU=17% Non-Stop 09/23 S N/A   Cobra Impulse 09/26 L  Breakeven *Stopped out of long position on 09/29 flat.

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 09/29/2011 $24.47 100 $21.78   SDS 09/29/2011 $24.47 100 $21.78 09/29/2011 $24.97 50.00   SSO 09/29/2011 $40.89 50 $35.98 Only half as another buy stop not triggered. SDS 09/28/2011 $24.32 200 $21.64 09/28/2011 $24.69 74.00   SSO 09/27/2011 $41.84 100 $37.24 09/27/2011 $42.03 19.00 It’s average sell price. SDS 09/23/2011 $25.44 100 $22.90 09/27/2011 $22.90 254.00 New strategy, half positioned for risk $500 max. SSO 09/20/2011 $43.68 50 $39.31 09/20/2011 $44.06 19.00   SSO 09/15/2011 $43.00 50 $38.27 09/15/2011 $43.53 26.50   SSO 09/14/2011 $41.45 50 $39.31 09/22/2011 $38.09 -168.00  Gap down, manual stop loss used. 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 09/22/2011 $26.25   222.00   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   2682.00

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

xuetu

Shafa!!

vinna

Wow, so great!

xuetu

everest001

Diver

葡萄柚

老大，不知道你有没有注意到，今天很多个股可是腥风血雨啊。 大家伙们down 2%+ 的很多。
AMZN -3.16%
FCX -2.97%
CLF -2.64%
GMCR -7.21%
CF  -2.79%
WYNN -7.34%
AAPL 也有-1.62%

spo

chenglish or chinglish? 老大是成都人？

stonehorse

ysc

沉默是金

永恒罗马

nasd

thanks cobra.  really liked your sarcasm.  we are getting used to all the yes-we-can phenomenon after non-stop brain training in the past 2 years and counting...

donalan

Thanks a lot

nasd

回复 葡萄柚 的帖子

So?  It means it is perfect time to buy, then average down, and probably buy 200% all calls using margin.  We willl all make tons of money and retire soon.

silkway

spo

葡萄柚 发表于 2011-9-29 17:29
老大，不知道你有没有注意到，今天很多个股可是腥风血雨啊。 大家伙们down 2%+ 的很多。
AMZN -3.16%
FCX ...

qqq的成分股跌一点没什么，前面一段时间都太强了；我也可以说rut今天比较强，是个好兆头

Fan8an

GoldLover

Thank you.

开小差

thx, ding