Live Update

Monday, July 20, 2009

07/20/2009 After Bell Quick Summary

Well, if we forget about the overbought, then there’re 2 conflict signals.

CPC < 0.8, from the chart below, there’re 78% chances a green close tomorrow.


Both VIX and SPX were green on the same day, 8 out of 10 times (by counting red lines on the chart) recently a red close the next day.


Seasonality wise, tomorrow will be the most bearish day in July, therefore I think bears may finally have some chances tomorrow.



  1. good, I becomes a bear now from today.

  2. And Cobra is another ass clown who's 50/50...I have no idea why you fools even bother reading this junk...I come here for some good laughs but that's about it.

  3. no need to bad mouth the host/author or the readership....these setups that are posted are mean revertingsetups..when market trends...making higher highs and real time....thats the signal to follow....otherwise...markt forver oscillates betwee OB/OS....not the case...Know what you are seeing ...and if the market does soemthing different...SWITCH !!

    your P&L is your trend indicator...

  4. Hey "Anonymous"...

    The only "Ass Clown" here is YOU! Is your name Ned? If so, you've already been banned from Evil Speculator, Slope of Hope, and most recently I heard that even Coffee and Charts had to ban you. You're probably the same person that posted some smart ass remarks about a week ago.

    I was nice to you then, as I assumed you had lost some money in this Golden Sachs rally. This time you are becoming a nuisance! Why don't go away and create your own blog. I'll be happy to stop by and criticize your work.

    Dan Black

  5. As far as I can see, Cobra's is the best free stock blog available. If the guy who attacks Cobra knows a better one, please do let me know.

  6. Thanks, Cobra, you are providing a great service. Don't listen to the obnoxious posters.

  7. Thanks Cobra. you are the best!

  8. Very objective observation. Thanks a lot, cobra.

  9. Cobra, thanks for all the time you put into your analysis of the market. I've learned a lot from you.



The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.