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*** LATEST UPDATES ***
The nightly charts are back up again.
Just click on the .pdf link next to the date at
http://www.oss.cc/TradingRoom_List.asp
If you wish to receive a reminder nightly, just reply to this e-mail with "sign me up"
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RECAP FOR THE WEEK OF: Mar 09, 2009
Duck-and-cover! This week is one of the worse set-ups I have seen in a long time. It is almost identical to last fall. If we are going to make new lows, and I believe we will, it is going to happen this week, and I will go so far as to say it will happen before the 12th.
Wednesday is expected to be the most active day.
RESULTS:
It was a big week. Had the timing right, but the direction wrong.
Tuesday was this week's big mover. One day off from Wednesday.
View recent OEX REVERSAL dates.
FORECAST FOR THE WEEK OF: Mar 16, 2009
Could see this rally run on for a few days, but a change in direction is expected by later in the week.
Thursday should be the most active day this week.
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FINANCIAL EVENTS THIS COMING WEEK
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Monday, 16-Mar-2009
08:30 Empire State Mfg Survey
09:00 Treasury International Capital
09:15 Industrial Production
11:00 4-Week Bill Announcement
01:00 Housing Market Index
01:00 3-Month Bill Auction
01:00 6-Month Bill Auction
Tuesday, 17-Mar-2009
07:45 ICSC-Goldman Store Sales
08:30 Housing Starts
08:30 Producer Price Index
08:55 Redbook
01:00 4-Week Bill Auction
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Wednesday, 18-Mar-2009
07:00 MBA Purchase Applications
08:30 Consumer Price Index
08:30 Current Account
10:30 EIA Petroleum Status Report
02:15 FOMC Meeting Announcement
Thursday, 19-Mar-2009
08:30 Jobless Claims
10:00 Leading Indicators
10:00 Philadelphia Fed Survey
10:30 EIA Natural Gas Report
11:00 3-Month Bill Announcement
11:00 6-Month Bill Announcement
11:00 2-Yr Note Announcement
11:00 5-Yr Note Announcement
11:00 7-Yr Note Announcement
04:30 Money Supply
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Source: MyPivots
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