11/17/2010 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

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

I’m neutral toward tomorrow but on a little bit longer time frame than tomorrow, could be a Bear Flag in the forming with no clear RSI positive divergence yet, so chances are little bit better that we may see more pullbacks ahead.


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