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RECAP FOR THE WEEK OF: Jan 05, 2009
"Not much of a newsletter this week. Another holiday week. Should see a move to the up side; although, Monday and Tuesday look weak. May go even lower."
"Expect some bad news this week concerning natural diasters or war."
RESULTS:
The market did move higher. Israel's invation of Gaza can certainly meet the requiements of an increase in military/war activity.
View recent OEX REVERSAL dates.
ALL CURRENT RECOMMENDATIONS
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OPTION
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ENTRY
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HIGHEST PROFIT
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FORECAST FOR THE WEEK OF: Jan 05, 2009
The holidays are over; things will return to normal.
Most activity this week should be seen on Tuesday and Wednesday.
Strong tendancy for the market to make further gains in the early part of the week.
Jobless Claims come out on Thursday.
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FINANCIAL EVENTS THIS COMING WEEK
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Monday, 05-Jan-2009
07:30 Challenger Job-Cut Report
10:00 Construction Spending
11:00 4-Week Bill Announcement
11:00 3-Yr Note Announcement
11:00 10-Yr Note Announcement
01:00 3-Month Bill Auction
01:00 6-Month Bill Auction
Tuesday, 06-Jan-2009
07:45 ICSC-Goldman Store Sales
08:55 Redbook
10:00 Factory Orders
10:00 ISM Non-Mfg Index
10:00 Pending Home Sales Index
01:00 4-Week Bill Auction
01:00 10-Yr TIPS Auction
02:00 FOMC Minutes
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Wednesday, 07-Jan-2009
07:00 MBA Purchase Applications
08:15 ADP Employment Report
10:35 EIA Petroleum Status Report
01:00 3-Yr Note Auction
03:00 Treasury STRIPS
Thursday, 08-Jan-2009
08:30 Jobless Claims
10:35 EIA Natural Gas Report
11:00 3-Month Bill Announcement
11:00 6-Month Bill Announcement
11:00 52-Week Bill Announcement
01:00 10-Yr Note Auction
03:00 Consumer Credit
04:30 Money Supply
Friday, 09-Jan-2009
08:30 Employment Situation
10:00 Wholesale Trade
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Source: MyPivots
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