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Thursday, July 15, 2010

07/15/2010 After Bell Quick Summary

The bottom line, maintain all the blah blah mentioned in 07/14 Market Recap, a small bar today means be careful bulls as so far no evidence says this is the last year’s mad cow once more.

A little little little little bearish biased toward tomorrow, at least I don’t expect it to up big because TICK was closed above 1,000 again. And also according to Stock Trader’s Almanac, July expiration day (that’s tomorrow), Dow down 6 of last 9. Off 390 points (4.6%) in 2002.


In case you still like to know, when both VIX and SPX closed in green on the same day, no apparent bearish edge toward the next day.


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