08/04/2009 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

I have no idea about tomorrow except for one thing: ISEE Indices & ETFs only Index closed above 100, which was discussed here before. From the chart below, I don’t see much edge for bears tomorrow, but if we count 2 days period, then probably it’s a little bit bear friendly.


Again, tonight I’ll talk about overbought, negative divergences, gaps etc etc, which is kind of boring now. I like what Jason from www.sentimentrader.com said the other day:

Every day, it seems like we're playing Russian Roulette with everyone else and one of these days the buyers will get a live round. But until then, we're nervously hearing that empty click every time sellers try to pull the trigger.

The question now is: Are we ever going to get a live round?

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  • aFei
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  • Pivot Trend
  • Me XMan
  • Kenny
  • Cobra
  • Sumit
  • Anonymous
  • Cobra
  • Imam Semar
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