lazy friday, page-44

Something going on with internet.

CMC charts were playing up and couldn't get HC most of the day.

OK, so HK has a rare weekly sell signal.

XJO now has a rare weekly sell signal.

Both are infallible although a couple of slight up weeks are possible but meaningless in price terms.

Bowden says severe drop as does Mahendra.

Mclaren says major top although a lower high may be made over the next 2 weeks.

Cycles are still pointing down.

US bull market as long as any before.

Dow transports weak as are Soxx and many other sectors.

Market now 15 days from most tops which equates to 6th Oct 1987 which was the SPI high.

Another Hindenburgh which must be about 4 in last 2 or 3 weeks.

OK, and the market will probably soar.

If it does then all we TAers will have to give it away.

On the positive side, my main indicator is yet to give a major sell and even short term is positive. These would only take a few down days to change but they aren't there yet.

I reckon a catalyst is somewhere close so time to be on your toes.