10/29/2010 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

The bottom line, the short-term trend is up, I hold both long and short over the weekend.

Bearish biased toward the next Monday because still both VIX and SPY closed in green which means 10 out of 13 chances a red day the next day. And no, the 1st trading day of November is not bullish as most of you might think at least recent year, as according to Stock Trader’s Almanac, Dow down 4 of the last 4.


Enjoy your weekend! Oh, I bought lots of Chocolate for the trick or treat, but unfortunately, I almost finished all of them myself, with a little help from my mom of course. Just heard from TV that 90% adults steal the trick or treat candy from their kids, hmm, feel much better now.

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