Each one says the other is responsible
WHO WILL BE RESPONSIBLE FOR A MINOR Stock market MELT DOWN ??
THE WARNING FLAG HAS BEEN POSTED
today's psych reading- 11th
DONT FOLLOW THE CROWD
AVOID investing & $$ deals
WHATS FACT & WHATS FANTASY
FISCAL VISION IS FOGGY
Late day misunderstandings
12th
ADVERSE TRENDS are NOW
VIEW POINTS CLASH
OVER REACTIONS are likely
INTERNAL TECHNICAL DATA HAVE ISSUED A SELL SIGNAL as of last Friday
IM NOT THE ONLY TECH indicating a major SELL OFF IS IMMINENT
5 day arms
5 day trin
10 day trin
20day arms
better trin
open 10 trin
5 sma
this data and comparisons are avaialbe at the Jaywiz VPN
FOMC meeting 2rmw
12:15 = FED statement
2pm = Forecast
2:15 = press conference
BERNANKE has indicated in the past that HE HAS DONE AS MUCH AS POSSIBLE with monetary policy. HE has also stated that it's NOW UP TO CONGRESS to GET SMART and do something about Fiscal policy.
WHAT WILL GET OUR GOVERNMENT DO ??
SOMETHING that each party will be OK with, even if NOT PERFECT,
at least it could be a start. its CALLED COOPERATION--
HAHA, fat chance, -- YOU SAY!!
but something will get done possibly late Thursday to put a stop in the melt down.
HOW low is LOW ?--- OF COURSE you want to know that.
but
ALL I CAN TELL YOU IS
DECEMBER 13th at noon to 2;30 offers a good chance for a bottom
OR
possibly the 14th @10am
AND TALKING HEADS STILL THINK THE MARKET IS REACTING TO NOISE
IF They only knew, and even then, they would never tell the public.
STAY TUNED FOR FURTHER UPDATES
JAY
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