12/01/2010 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. My short position was stopped out at open along with part of my long positions in order to limit the losses.

I don’t see any tricks for tomorrow but since today is a Major Accumulation Day (NYSE Up Volume : NYSE Down Volume >= 9), so 74% chances we’ll see a higher high (higher than today’s high) tomorrow and it’s almost guaranteed that today’s high is not THE TOP.


The huge up today might again awakes the hope that we could all retire earlier (once again I see my dreamy yacht on the horizon), but on a little bit longer term than short-term, however, I might have a different story which I’ll blah blah in tonight’s report, so stay tuned…

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