The PC ratios are JUST TOO darn BEARISH.
Unless some miracle happens on Monday, the downside poses little risk for the bulls.
Very disappointing to the bears for sure.
Jan 15 was the first 2007 bradley date and it looked like a high, but this week, even with over-powering negative electro and magnetic energy levels, the market has held TOO WELL.
The next Bradley date is FEB 4th, which would translate to either the 5th or IMO the 1st for a possible low point, but would venture to guess it will be a HIGHER low.
So we have to sit all weekend and wait the outcome for Monday to see if our bearish position will make any $.
Jay
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