12/24/2009 After Bell Quick Summary


Cobra's Market View Private Messaging System shows:


One trick today, a firework (means shoot up high than fall hard to the ground eventually) trading setup was triggered, which had 70% successful rate in the past. I’m not sure about this time but again my purpose here is to provide you with some info, so decide for yourself. Pay attention to the past failures (Blue cycles): If small bar again the next trading day or the firework shoots high then falls to the ground on the same day then most likely this is a failed setup.

Firework

The bottom line, it’s Christmas, so Merry Christmas! And enjoy your holiday!

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