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Thursday, August 13, 2009

08/13/2009 After Bell Quick Summary

I expect a red close tomorrow because CPCE closed at 0.52 which was way too bullish.

CBOE CPCE

Also according to the newly added exit rule, firework is officially ended today.

Firework

Posted by Cobra at 6:11 PM

14 comments:

  1. JanetAugust 13, 2009 at 6:15 PM

    Cobra, CPCI < 1.55, does it mean a red close the next day?

    ReplyDelete
  2. CobraAugust 13, 2009 at 6:16 PM

    No, it doesn't say anything.

    ReplyDelete
  3. AnonymousAugust 13, 2009 at 6:19 PM

    where do you get your cpce data from ?

    any links ?

    thanks, great work, great value.

    ReplyDelete
  4. CobraAugust 13, 2009 at 6:26 PM

    http://www.cboe.com/data/mktstat.aspx

    Please note, that the value such as 0.56 works only recently, it might not work in the future.

    ReplyDelete
  5. JanetAugust 13, 2009 at 6:26 PM

    Cobra, CPCI and CPCE which one should I trust ?

    ReplyDelete
  6. CobraAugust 13, 2009 at 6:28 PM

    CPCI only works when >= 1.55.
    CPCE only works when <= 0.56.
    And above all they work for now only, may not work in the future.

    ReplyDelete
  7. AnonymousAugust 13, 2009 at 6:35 PM

    so do you expect a big down day friday

    ReplyDelete
  8. JanetAugust 13, 2009 at 6:36 PM

    thanks Cobra!

    ReplyDelete
  9. CobraAugust 13, 2009 at 6:40 PM

    I don't expect a big down day, could rise to new high then pullback before close.

    ReplyDelete
  10. ChrisAugust 13, 2009 at 6:47 PM

    Thanks again, Cobra. Your objective data in a sea of emotional reporting is great to hear.

    ReplyDelete
  11. AnonymousAugust 13, 2009 at 7:56 PM

    tomorrow, we will likely see fib resistance tested. http://img44.imageshack.us/img44/8075/sc101.png

    ReplyDelete
  12. AnonymousAugust 13, 2009 at 8:54 PM

    Just for fun, I will point out this prediction that August 14th, 2009 will be a stock market crash. It does line up with the red close. LOL. This prediction was made in 1996.

    http://www.luckydays.tv/coming-stock-market-crash.html

    ReplyDelete
  13. AnonymousAugust 13, 2009 at 9:00 PM

    don't laugh anon re crash

    check out this fromray merriman who combines astrology with chartinghttp://www.mmacycles.com/weekly-preview/mma-comments-for-the-week/comments-for-the-week-beginning-august-10,-2009/

    ReplyDelete
  14. AnonymousAugust 13, 2009 at 10:28 PM

    Thanks, Cobra.

    ReplyDelete

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