09/29/2009 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

I don’t see any tricks except that today is a small reversal day: Gapped high but closed in red. The following chart lists all the similar occurrences since the March bottom. See for yourself. By using my tongue (well, since I’m a cobra), however, I “sense” SPY is either at a start of a very powerful push up or most likely due for at least a short-term pullback (after a few days consolidation sometimes).


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