Look for big selloff again tomorrow

I punted my AEM put today at a small loss. $Gold failed to rally and confirm this trade. In after hours trading stocks are sharply lower. Probability of NDX bearish tomorrow is 71%.

I AM TRADING THIS WITH A UBB PUT OPTION.

Please send this site on to your friends if the correct timing and market direction are helpful to you. Using optionone service and my own timing signals I have made a lot of money trading these very volatile markets.

This site is now McAfee Secure.

LONG AEM DEC CALLS

Palisades Research give 53% probability for S&P UP DAY tomorrow. Tim Knight remains bullish. AEM and FCX P&F turn Bullish.

Forecast for a big plunge in $Indu was wrong--only got 750 points down and then todays huge reversal

The low pole reversal is seen when a chart falls below a previous low by at least 3 boxes but then reverses to rise by at least 50 percent of the fall. The reversal implies that the supply that was making the prices fall has been absorbed and demand is taking over. The pattern is an alert that higher prices could be seen in the future. The ideal buy point would be on another reversal back down to be closer to the stop loss point. This would also set up a double top breakout if the prices reverse up and break over the current column's high.

Tim Knight has a very near term accurate record in calling this market---bullish, Palisades Research gives only 47% probability for rising S&P tomorrow.