11/04/2010 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

The bottom line, the short-term trend is up. I hold partial long position overnight.

Mixed signals toward tomorrow. My safe guess is it’s unlikely to be up huge (SPX rise < 1%) if not red.

When TICK closed above 1,000, slightly bearish the next day at least unlikely to be up huge.


When CPC <= 0.80, 10 out of 14 times recently a red day the next day. Well, I’m not sure about this trick though.


Seasonality on the other hand however, we may see the so called Bullish Friday again.


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