Same As It Ever Was…

By Red, on December 30th, 2009

Nothing has changed, it’s the same as it ever was…

I am expecting a big move around January 6th, 2010. That’s Wednesday I believe, and it should be a DOWN move! I don’t expect more then about 10%, but that’s better then nothing I guess…

Red

Weekend Update...

No related posts.

Captain_Koons

Hey Red,

Great Video. Talking Heads bring back many good memories. Have a safe and happy New Year's celebration.

http://www.reddragonleo.com Red Dragon Leo

Yeah, those were the “good ol' days”, when life was simple. Happy New Year Caption Koons!

jaywiz10534

HI Red
Agree with Jan 6th but it looks like a cycle converging LOW
at 10am
see the blog for details
thanks for your comments and Happy New year
It has started off for the bears, but should setup a nice LONG play on the 7th at 3;30 to 4pm

See the graph
Jay
10% would be WONDERBAr {G}

http://www.reddragonleo.com Red Dragon Leo

You might be right Jay? That sell off in the last 30 minutes of trading Thursday was pretty big. Volume was about 60 million shares just in 30 minutes! The whole day was only about 90 million.

Somebody wanted out quickly! We could gap down Monday and Tuesday a few hundred points, to get our 5-10% correction, and then the PPT comes in to save the day.
buddhabill

I have been anticipating a wicked whipsaw end of first week of Jan for several months. 5% drop to get the bears back in, all-in, and then squeeeeeeeeeeeze.

buddhabill

I have been anticipating a wicked whipsaw end of first week of Jan for several months. 5% drop to get the bears back in, all-in, and then squeeeeeeeeeeeze.
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