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.

CPCWatch

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.

SPXVIXWatch

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

Seasonality

14 comments:

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

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  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.

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  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 lows...in 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...

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  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

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  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.

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

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  7. Thanks Cobra. you are the best!

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

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

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