POWER DATA ONE WEEK AHEAD - Provides an 80% Correlation to the SPX
Saturday, February 26, 2011
Market Timing-Whats Next -WEEKEND Report
Most of my ELLIOTT friends seem to be expecting the mkt to drop well
under the low on the 24th at 2pm of 1294,
Another possibility does exist--
IT IS POSSIBLE And very likely we will ONLY see a drop back to 1294 and nothing MORE
BEARS love to SCREAM for MORE, but IT does NOT look that way.
Beyond FEB 28th, the ENERGY pattern is VERY POSITIVE from March 1st to 10th.