practice, practice and more practice. The NR4 was fullfilled to the downside. This was a no brainer in light of the retail sales and Citigroup earnings. The tame PPI was pushed aside, since the Fed is no longer concerned although they are not admitting it. Recession and this is the bigger evil. The ability to do pattern recognition is important. If you look at Nov15/16, you will see the pattern. The weekend ewave update was the guide. Wave5 started in earnest. DOW 12,000 is doable. Tomorrow's number are 657, 652 and 642. Another 4 to 5 days of onslaught for the bulls is in the card. Will see if Jan 22 is the turn date, give and take some. If it cannot surpass 652 tomorrow, short it.
2c
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment