10/07/2009 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

The bottom line, on the intermediate-term I have no evidences to support either up or down. Since the CPCE readings are still very low so very likely the market will consolidate here for a few days before pulling back.

One trick for tomorrow: CPCE <= 0.56, 19 of 29 times (66%) a red close tomorrow.


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