some selling coming frm those not waning to hold over the weekand, HOWEVER.....
Mchughs technical report just recieved a few mintues ago, advises the following rally is likely tonight and Monday....
Stocks traced out and finished small wave four declines, a triangle in the S&P 500 and a double zigzag in the Industrials. This suggests to us that there is one more small rally likely tomorrow, Friday, possibly into Monday. This rally should be a 1 to 2 percent move and should finish the rally from February 5th. It likely started Thursday afternoon, and is in the middle of its third of five subwaves up
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- still full steam ahead
still full steam ahead, page-47
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