12/10/2010 After Bell Quick Summary

Cobra's Market View Private Messaging System shows:

The bottom line, the short-term trend is up but I hold no position over the weekend.

A little bearish biased toward the next Monday for 3 reasons.

When both VIX and SPY closed in green, 10 out of 15 times (67%) a red day the next day.


When ISEE Indices & ETFs Only Index >= 100, 26 out of 39 times (67%) SPX will have a lower close than today’s close within 2 trading days.


When CPC <= 0.80, 18 out of 27 times (67%) a red day the next day. This trick didn’t work well recently though.


Enjoy your weekend!

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