im declaring tonight crash night, page-128

shame about the sell off but maybe we are now set of the up for a turn tonight....so is today buy day for us here in oz ??

we have

1. the DOW now within strike range of 10750 for an intraday turn tonight.
2. The XJO sitting perfectly on a support line that takes in every low back to march 07
3. oil has come off strongly though needs to come off more yet to act as a trigger
4. It is 499 days since the lowest close of the march 07 correction. Given that was a monday and trade does not happen on sat or sun then yesterday, today or tomorrow could represent perfection in that cycle.
5. we had a slight up night on the nasdaq.

Benanke reports stagflation still a big problem so I am just looking for the start of a bear market rally. A bit of comic relief if you will.