11/25/2009 After Bell Quick Summary (No Market Recap Tonight)

Cobra

One trick today: when ISEE Indices & ETFs only index > 100, 19 out of 25 times (76%) a red day the next day (most likely, see red arrows) or the next next day (blue arrows).

 

 

 

I know some of you would remind me of the trick about when both SPX and VIX closed in green, well, only 59% times a red day the next day as I don’t usually mention any trick with winning rate below 60%. Considering it’s just a half day trading on Friday, I doubt if this trick works or not this time.

 

 

The bottom line, watch the dollar. It broke below its recent trading range today while EURO broke above an Ascending Triangle with the text book target much much higher. But strangely, the market wasn't up huge on this dollar pullback like it did on Monday. Not sure if this is simply because of a pre-holiday effect or the dollar goes too far to be a good news anymore.

 

 

Will dollar crash from here and how it affects the stock market are remained to be seen. But right now the most important thing is to enjoy your Thanksgiving! No market recap tonight. My next update will be on weekend. Cheers!

 

 

 

Jinan90

1st?

新低手

happy holiday

Positive_Theta

Thanks and have a great TG!

coexist

thanks and happy holiday

Diffusion

layschips

xsngli

thanks

Braveheart

1st page.
happy turkyday

windy

Thanks. Happy Thanksgiving!

windy

Today's watering post is one of the best I watched so far. Thanks to all.

sexydaytrader

ding ding

bendzhao

padme

加拿大过节吗？anyway, happy holiday!

Cobra

加拿大过节吗？anyway, happy holiday!
padme 发表于 2009-11-25 17:07

加拿大thanksgiving比米国早一个月，已经过过了。

happyface

thanks Cobra.

netfire

thanks. happy thanksgiving to everyone.

我是谁

Happy Thanksgiving!

redwendy

Thx！

hutong66

Thanks! Have a nice holiday