Thursday, February 17, 2005

WEAK RALLY ?

http://stockcharts.com/charts/indices/McSumNYSE.html WEAK rally. Oscillator was down to 56 yesterday.

http://stockcharts.com/def/servlet/SC.web?c=$NYAD,uu[w,a]dallyiay[dc][pc20!c5][vc60][iut!Ub14!Lh14,3]&pref=G Advance decline ratio

VIX near 11 !

http://stockcharts.com/def/servlet/SC.web?c=$SPX:$VIX,uu[w,a]dallyiay[df][pc20!c5][vc60][iut!Ub14!Lh14,3]&pref=G ALL TIME HIGH! Ratio of SPX value and VIX measure.

I don't know what else to say. Can't predict timing when time runs out, but we have PLENTY of evidence, history in making.

Greenspan defends Bush SS Private accts, yet when asked how would $2 trillion in new borrowing effect markets he replies "I don't know?" LOL our fealess......SIR leader.

Bush NOW considering TAX increase for SS. FED in raising mode. Markets historically overvalued. Markets historically bullish. Country historic in debt. Historic highs in housing.

Duratek

D

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