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Wednesday, January 28, 2015

Update For Wednesday Jan 28, 2014 Premarket

As predicted in our last post , the market had a serious decline yesterday after slight increase on Monday to give the specialists the opportunity to unload stocks they got on Friday. In the morning  yesterday DJI was almost down 400 points . The rest of the day was spent distributing those shares to retail investors who buy on the dips.  There will be more distribution done  today before the market resumes its decline

 Continuing tomorrow  and in subsequent days , the market will continue to go lower with short term intraday rallies.

As predicted short term Dollar is going lower  and Euro going higher.  Oil will go lower after any short term rally.

Rally in Natural Gas was due to the snow storm but we are ready to go lower to new lows.

Volatility will  go down and up  following the market but eventually   will make new highs

Gold will consolidate here before going higher.  In the second quarter we expect Gold to go below $1100 before it goes to all time highs.

Long Term Interest rates are going lower because of persistent deflation  and low growth  world wide, European QE  and dovish Fed. Under the low growth scenario,  our market is over valued, profits are going to go down, geopolitical problems are rising  and stocks will go lower.

DJI   Rally & then Decline
SPY  Rally & Then Decline
IWM  Higher then lower
TNA   Higher and then lower
XLE
ERX   Eventually going lower


DGAZ   Going higher
UGAZ  Going Lower
UVXY   Lower and Then Higher
SVXY

TLT   going higher as interest rates going lower
TMF
Going Higher

GLD
NUGT

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