12/21/2009 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

OK, CPC closed at 0.6, I think the bull wagon is crowded.


Pay attention to chart 0.0.9 Extreme Put Call Ratio Watch tonight after 7:40 ET, I’m pretty sure a top condition was met as both CPCI and CPC are way too low and actually CPCE should be closed around 0.5 which also is quite low. Holiday effect, so extreme put call ratio doesn’t count? Well, I don’t know. Better be careful than sorry, I think.

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