The Market has strung us along on this path to knowhere, expect that it has raised the hopes of millions that 2005 would end in a blast taking the rally into 2006 nonstop above 11K.
WELL, hold onto your SEAT, it aint gonna happen that way.
As of DEc 26th, the market is ready to SELL OFF into Dec 31st, where it can setup the first half of January in rally mode. YES, we get that January rally, but not the way the MEDIA has portrayed it. THEY Can't fill the balloon with air and not expect it to bust, or let out some of that enthusiasm, exhuberance, or whatever you would like to call it. ITS time for a $$ reckoning.
From Dec 31st to Mid January we should see a nice rebound, but the second half of Januray holds another setback in its pocket. However, a double BUY signal could provide the stimulant for a very strong February.
Jerry
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