RALLY

All the evidence points to a very strong rebound tomorrow on Friday, jan 18th
heres the stats

Cboe PC ratio = a whopping 1.53
OEX pc ratio = 1.44 *** Bullish
spx 500 pc ratio = 2.37 *** bullish
VIX = 28.46 UP 4.08 today ** Bullish
LOW hit at 3;45 RIGHT on the 259 bar cycle dow low 12,125 -- closed higher @ 12159
Arms index 2.29 bullish
SPX fell 80 points from the high on Monday ** thats usually a maximum or 2 X 40pts
Dow Volume shrank from Thursday
Jaywiz index which gave a .11 reading on WEd was very bearish, but today's = .41* Bullish

Even tho the evidence will give us a rally tomorrow, it appears it will be a one day wonder;
Some evidence is already appearing to show me we will see a lower market next week, starting right from Tuesday, but more on that later. Dont get over excited about tomorrows numbers.

best to all in 2008
its going to get really rough thru the whole first qtr.