02/11/2010 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

Statistically, above 80% chances, the day before the President day (i.e. tomorrow) tends to be a red day. Here’s a link says the same thing: President’s Day – But Not For The Markets.

Although personally I’m not convinced that an intermediate-term bottom was in but there’s a chance an Ascending Triangle pattern is in the play, the target is enough to fill the Jan 22 gap which is quite substantial.


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