THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Saturday, November 19, 2005

STOCKS ABOUT to TUMBLE

The technical INTERNALS are grossly OVERBOT as of FRIDAY Nov 18th.
From this date to Dec 1st the equity and yes even the gold markets are vulnerable to a severe sell off.
Heres some of the stats:
Last 6 days daily arms has been under 80
5 day TRIN = 77.2
5 day ARMS = 386
10 day arms = 86.0
Spx Vix ratio = 112.16
CBOE pc ratio = .62
OEX pc ratio = .78
SPX 500 pc ratio = .81
These are ALL extroadinary bearish readings all at the SAME TIME.
SO, given this informtion alone, we should expect some severe selling to occur. I do study other arcane input which will not be discussed at this time.
Best wishes
Jaywiz

No comments: