FAILURE to BREAK above 1121 at this juncture would be very bearish They can still make a stab at it Dec7th to 10th and or Jan 15th to 22nd provided they dont test qtrly support at 9800, or 9400
thanks REd, for your comment at the Jaywiz blog thats WHY I have posted several times
BEST short opp will be Friday after the OPEN
There will be a LOT of overrun from the aspects of Today, and tomrrow which should spill over to Friday am where at 8:30am there is a Moon 120 Sun, but its an ARIES moon indicating a DIFFERENT DIRECTION
See the blog for other reasons why NOV 30/Dec 1st offer a pivot low Jay Jay
FAILURE to BREAK above 1121 at this juncture would be very bearish They can still make a stab at it Dec7th to 10th and or Jan 15th to 22nd provided they dont test qtrly support at 9800, or 9400
thanks REd, for your comment at the Jaywiz blog thats WHY I have posted several times
BEST short opp will be Friday after the OPEN
There will be a LOT of overrun from the aspects of Today, and tomrrow which should spill over to Friday am where at 8:30am there is a Moon 120 Sun, but its an ARIES moon indicating a DIFFERENT DIRECTION
See the blog for other reasons why NOV 30/Dec 1st offer a pivot low Jay Jay
I'm going to post this over at HOB too, but I just listened to an interview that is very interesting…
So, just in case any of you were thinking about going short tomorrow, think again…
According to Larry Presvento, the day after Thanksgiving has the highest percentage chance of closing higher. It is the “Single Most Positive Day in the History of the Stock Market”, with the highest number of days closing UP that day.
74% of time the day after… which is this Friday, is UP! Do you really want to go short now?
FAILURE to BREAK above 1121 at this juncture would be very bearish
They can still make a stab at it Dec7th to 10th
and or Jan 15th to 22nd
provided they dont test qtrly support at 9800, or 9400
Jay
thanks REd, for your comment at the Jaywiz blog
thats WHY I have posted several times
BEST short opp will be Friday after the OPEN
There will be a LOT of overrun from the aspects of Today, and tomrrow which should spill over to Friday am
where at 8:30am there is a Moon 120 Sun, but its an ARIES moon indicating a DIFFERENT DIRECTION
See the blog for other reasons why NOV 30/Dec 1st offer
a pivot low
Jay
Jay
Good Stuff Leo. I really enjoy reading the blog everyday.
FAILURE to BREAK above 1121 at this juncture would be very bearish
They can still make a stab at it Dec7th to 10th
and or Jan 15th to 22nd
provided they dont test qtrly support at 9800, or 9400
Jay
thanks REd, for your comment at the Jaywiz blog
thats WHY I have posted several times
BEST short opp will be Friday after the OPEN
There will be a LOT of overrun from the aspects of Today, and tomrrow which should spill over to Friday am
where at 8:30am there is a Moon 120 Sun, but its an ARIES moon indicating a DIFFERENT DIRECTION
See the blog for other reasons why NOV 30/Dec 1st offer
a pivot low
Jay
Jay
Good Stuff Leo. I really enjoy reading the bog everyday.
good stuff! a post of appreciation for your work and efforts
great stuff on LP, RDL. he is one of my favorites.
I'm going to post this over at HOB too, but I just listened to an interview that is very interesting…
So, just in case any of you were thinking about going short tomorrow, think again…
According to Larry Presvento, the day after Thanksgiving has the highest percentage chance of closing higher. It is the “Single Most Positive Day in the History of the Stock Market”, with the highest number of days closing UP that day.
74% of time the day after… which is this Friday, is UP! Do you really want to go short now?
To listen to the audio interview by click here…
http://www.tfnn.com/sti/rss.xml
Find the “Larry Pesavento 11-23-09” link. Then click on the “redirect.mp3” just below it, and it will play.
The part where he talks about it, is toward the end of the interview.
Red
Hi Red,
Don't you think the “rally to 1120 this week” and “Market never goes down the day before and after Thanksgiving” trade is too crowded now?