Saturday, January 21, 2006

MARKET CHART PATTERN ODD...

The "Big SellOff" was rather orderly..TOO ORDERLY....

which makes me think it was planned or planned for as inevitable... See Chart. This market was "eased down" with no sharp rally attempts....

Monday could be interesting... The usual reaction is to go up based on "oversold" conditions.

But this could be different...but I doubt it... Everyone has known that the rally was fake for some time now. It was merely an attempt to exploit supposed "seasonal factors"... Indeed the January Rally has been coming earlier and earlier every year as speculators seek to jump in first and fleece the 401k suckers.

The problem is that if things don't go "right" on Monday...and there could be geopolitical and macroeconomic factors.

There could be PANIC SELLING....WHICH THIS FRIDAY WAS NOT!