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Sorry folks I had a typo mistake, instead of the 2/4, replace with 2/5.
Thanks,
Joe Frabosilio
Joe Frabosilio wrote:
> Jim,
>
> 2/4/2000 is a new moon, 2/19/2000 is a full moon. Also, 2/4 is the
> Chinese New Year, Year of the Dragon.
>
> TradeWell,
> Joe Frabosilio
>
> Jpilleafe@xxxxxxx wrote:
>
> > Thanks John for this post.
> >
> > The obvious negative I see here is
> > the absence of real "fear" or disbelief. The
> > Put/Call ratio never got to market bottoming
> > levels (on the Fri. Mon. selloff),..and weekly
> > sentiment surveys are still optimistic,...etc.
> > In general,...complacency rules.
> > A risky situation? I think so.
> >
> > Near Term,..Friday (02-04) should mark a short term
> > turn date,...Full Moon on 02-05,...and near term end of
> > monthly inflow (01-27 to 02-04) suggests if we hold
> > up into Friday,..we may have a turn to the downside.
> >
> > Have a good day.
> >
> > Jim Pilliod jpilleafe@xxxxxxx
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