Cobra's Market View

05/17/2012 Trading Signals

Yong Pan — Thu, 17 May 2012 20:55:41 +0000

THE BOTTOM LINE, THE SHORT-TERM TREND IS DOWN.

The low today broke the blue trend line of the evil plan I posted in the last night’s Market Outlook implying no weakness in selling. [Read the Rest]

05/16/2012 Portfolio Update

Yong Pan — Thu, 17 May 2012 01:43:45 +0000

Nothing to say today. The system chart shows it’s tightening the stop loss on USO, this is a sign that the system is ready to add into the current USO (winning) position, it may take days though. [Read the Rest]

05/16/2012 TSX Trading Signals

Yong Pan — Thu, 17 May 2012 01:38:17 +0000

No update tonight. Hold the position.

[Read the Rest]

05/16/2012 Featured Stock: GOOG

Yong Pan — Thu, 17 May 2012 01:32:42 +0000

Just a BSO, everything goes as planed. The Ascending Triangle text book target is $643.60. Again, the Portfolio Update will be the everyday’s last report, so if you see no Featured Stock report before it, check the public chart list, very likely you should find something there. [Read the Rest]

05/16/2012 Market Outlook (Not Yet)

Yong Pan — Thu, 17 May 2012 01:23:28 +0000

THE SHORT-TERM EVIL PLAN:

The adjust point I mentioned in the yesterday’s report was not broken today but the touch is enough to imply no weakness in selling (not as strong conviction as the break below but still 60 to 40). [Read the Rest]