10/01/2010 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

The bottom line, the short-term trend is not clear. I hold partial short position overnight because the mini price target has not met not because it’s safe to hold over weekend.

Overall, the message is loud and clear, because of 9+ POMO within 20 days, because of historically strong September, so the rest of the year is almost guaranteed to be up huge. Wow, that’s really great!

Anyway, I’m a very shortsighted person, so all I can say are that I’m not optimistic about the short-term at least, but since the Ending Diagonal Triangle in the chart below looks still missing one more push up, so there’re chances that we may see it the next Monday.


Enjoy your weekend!

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