03/31/2010 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

One trick today, when CPC <= 0.81, 34 out of 45 times (76%) a green close the next day. Plus seasonality wise tomorrow should be very bullish: the Good Friday pre-holiday effect plus the first trading day of the month – a double bullish seasonality effect. How bullish is the 1st trading day of the April? Just check the 04/01/2008 and 04/01/2009. My guess is at least for QQQQ, today’s high at $48.45 will be tested tomorrow (well, to be exact, $48.44 is a sure thing as big guys have already arranged the transactions at that price, let’s see).


PS. Indeed, sell the last 3rd trading day of each month is profitable. Window Dressing? What Window Dressing?


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