Friday, October 2, 2009

10/02/2009 After Bell Quick Summary

I have one trick today, CPCI > 1.55 which used to mean a green day next day, just it didn’t work well recently.

CBOE CPCIWatch

The bottom line, I think a short-term rebound is due (well, no guarantee), but CPCE may have confirmed the intermediate-term top as it has been holding onto its trend line for 3 days.

Enjoy your weekend!
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