Market Timing-Whats Next -JULY 19th Closing REPORT

July19@ 7:45am

yesterday was 666 March 9th, 2009
258bars pivot due at 11am hit at noon

Today calls for TEAMWORK , optimistic & favorable
BUT it changes LATE afternoon - stress & anger

1356-60=1296 as previously projected
60X 62% = 37 + 1296 = 1333 , but I doubt that will be today
It looks like yesterday may have completed an "A" of 4wave
which should give the mkt a chance to reach 1333
at sometime within the next few days in wv 'b' of B

more later
Jay
 more now, @4pm

P/D indicates a MUCH LOWER OPEN TOMORROW- WED Jly20

Many times, when the EKG shows selling at close, it can spill over to the following AM

AS it is, the EKG for jly20 DOES Show potential for lower open.

TElling the Public they are closer to a deal is NUTS

all they have is a new proposal
 which will never pass in the House

Jay