Forgot to mention, according to SP Energy Climactic Volume Indicator from www.decisionpoint.com, Energy sector seems pretty overbought, so could be a pullback tomorrow and therefore not good for the overall market.
Forgot to mention, according to SP Energy Climactic Volume Indicator from www.decisionpoint.com, Energy sector seems pretty overbought, so could be a pullback tomorrow and therefore not good for the overall market.
Hey Cobra,
ReplyDeletethis is one of those time I disagree with you...oil and commodities on the rise, Yen retreat and Financial just joined the rally...up up and away my friend
2c
Cobra, Happy New Year!
ReplyDelete2c, I suspect that data might be wrong on XLE CVI chart. If however the chart is correct then XLE definitely is due for a pullback.
ReplyDeletecheck your email
ReplyDeleteI've got a mail about recommending books. Is that yours? I need to check my old articles before answering that.
ReplyDeleteThere're so many guys named "Anonymous" here. I was always wondering how come so many people having the same name. LOL. I'm kidding of course.
Yong, What happened to your simple trading ideas section with the chart of a Simple SDS System using the TRIX?
ReplyDeleteOh, that I removed. I'll put it back.
ReplyDeleteAbout that simple SDS trading system, by the way, it's not my idea, I kind borrowed from the other stockcharts public list.
ReplyDeleteHi Cobra!
ReplyDeleteI wanted to take a moment to thank you for your detailed charts and daily analysis. I don't always agree with your conclusions, but overall your insights are so valuable that I consider your site to be "required reading." That is about the highest compliment that I can pay to someone, and you've earned it.
I saw that someone emailed you. What is your email address?
Yes, there are a lot of "Anonymous" posters. I'm a bit surprised that dave hasn't shown up to mess with us. Come on, dave, you are dropping the ball! :P