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).

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

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