Thursday, January 8, 2009

90 Day Cycle High/Low Due Tomorrow or Monday...

....Who really thinks tomorrow's employment report is going to be worse than the ADP numbers? .......I don't.
....Furthermore, all the ADP #s, Lousy Retail Sales, and all of the other disappointing data had little downside effects...
....Tomorrow could be a rocket ride. For me a 90 day cycle high makes plenty of sense for tomorrow or Monday.

3 comments:

  1. Do I read your comments to mean you think tomorrows news could create a Bearish Upthrust?

    ReplyDelete
  2. thank you, Tom, for the great work..esp. today!

    hiker

    ReplyDelete
  3. Well, the performance of the market the last 2 days off the ADP 700K job loss number was the key. As expected the actual Employment wasn't as "bad as anticipated". Still ugly though, no question about it...

    ReplyDelete