Friday did follow Almost the same deal as Thursday
LOOK at those PC ratios SCREAMING BUY
BUT NOT JUST YET , says the market.
Monday SHOULD OPEN fairly strong, but give it up after 1pm
Tuesday should take a good hit
Wed needs time to recover from Tuesday
Wed is 18 days from the Feb 1st high to LOW cycle and 3pm = 204 bars.
Could struggle a bit till Merc turns DIRECT on7th, and could blast off from there.
Gold might have more to go- tends to CHANGE trends around the lunar events and next month we have eclipses on 3rd and 16th.
Both equities and gold did hit peaks in May 2006 just b4 the full moon on May 13th and NEXT MONTH could be a repeat.
Jay
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