Market Timing-Whats Next - ITS OBVIOUS that

MY OUTLOOK For a Pivot low on the 12th turned into a HIGH & TURN LOWER

BERNANKE EFFECT
They love the MEDICINE (positive money stimulus) with a rally at 12;30 to 1:30
but
HATE THE DISEASE - (his forecast)- then a drop off.

COINCIDENTALLY this MATCHED the POWER DATA as it has all week.

SO, NOW THAT THE 12th gave us a HIGH at 1438, what is next?

After a short term low in the 1400 to 1390 area early next week, we can still expect another higher high
on the 24th with a much desired XMAS rally.

BUT AFTER THAT, an OVERBOT scenario, combined with seriously negative energy, and a drop OFF the Fiscal CLIFF should start off 2013 with quite a JOLT.

Its becoming quite painful that the Congressional House still thinks it RULES THE ROOST,
& that pain will be seen by everyone come Jan 1st.

Stay tuned for further updates
Jay