06/14/2010 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

One trick today: When both SPX and VIX closed in red, 24 out of 31 times (77%) recently a green day the next day.


The bottom line, sure the index daily chart doesn’t look, but the previous 2 times when we got a bad close like today, we had a huge (I mean really really huge) gap up open the next day. My question is: Will the 3rd time be the charm?


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