What a rally!! 700 points in two days in DJI. We were right on the button. Even though we were expecting a nice rally , we did not expect such a strong rally. Most short sellers have been covering.Our readers had been warned before the opening on Wednesday.This clearly looks like a rally in a bear market. What will go down now? Energy stocks, and small capital Russell 2000 type stocks and may be Gold and Silver Mining stocks. Natural gas stocks are headed even lower. Even Silver and Gold look weak.
The current rally is not over yet. The insiders need to distribute to willing retail buyers who think we are headed towards DJI 20,000 . Nothing could be further from the truth. The rally will go up in two main steps: "a" up followed by "b" down and finally " c "up. Step a might have been completed yesterday or may do so this morning. Then next week we will have step c up to recent November highs . Then will start a big decline in the new year. You see the big decline cannot start till the insiders have distributed the stocks they bought on Tuesday evening near the lows. Distribution will be done by taking the market up and down several times and this distribution may last till Dec 31, 2014 on low volume.
DJI
SPY There is an error in the last bar of the chart
CURE May make a New High in the next two weeks
TNA Ready to go down again
TZA
GLD
SLV looks weaker than Gold
TLT No Sell signal Yet
TMF
XLE
ERX Will go down again after the rally is over
SVXY will go down again after the rally is over
UGAZ Going Lower There is too much natural gas and till the weather becomes colder, this one is going lower
DGAZ will keep on going up as it is 3X inverse ETF. This is why our natural gas Motif keeps on going up
The current rally is not over yet. The insiders need to distribute to willing retail buyers who think we are headed towards DJI 20,000 . Nothing could be further from the truth. The rally will go up in two main steps: "a" up followed by "b" down and finally " c "up. Step a might have been completed yesterday or may do so this morning. Then next week we will have step c up to recent November highs . Then will start a big decline in the new year. You see the big decline cannot start till the insiders have distributed the stocks they bought on Tuesday evening near the lows. Distribution will be done by taking the market up and down several times and this distribution may last till Dec 31, 2014 on low volume.
DJI
TNA Ready to go down again
NUGT
XLE
ERX Will go down again after the rally is over
DGAZ will keep on going up as it is 3X inverse ETF. This is why our natural gas Motif keeps on going up
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