09/13/2010 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

The bottom line, the short-term trend is up and I hold partial long position overnight since the mini price target hasn’t met, not because it’s safe to hold overnight.

A slightly bearish biased toward tomorrow because when SPX is up for 4 days in a row, short at today’s close and cover at the very first red day, since year 2000, you have 70% chances to win.


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