08/24/2009 After Bell Quick Summary


Cobra's Market View Private Messaging System shows:


I expect a red close tomorrow because CPCE was closed at 0.54. Counting the dashed lines on the following chart, the odds are high a red close next day whenever CPCE was closed below 0.56.

CBOE CPCE

Please note that my winning rate for predicting the next day’s close ever since the first After Bell Quick Summary was posted (around June) on this blog was above 70% EXCLUDING OE WEEK. If OE week was counted however, the winning rate is just above 60%.

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