Friday, September 14, 2007

Wait and see market

Markets made its intraday Low of the day in the 1st hour as expected, right at 9.40 am. The rest of the day went sideways to up.

They are 2 different timing methods suggesting 9/17-18 CIT (Change in Trend).

The 56 hour Cycle is due 9/17@1st hour.

The other method is saying 9/18 between 11- Noon Time.


It doesn't matter much as 9/18 is a narrowly traded FED Day, so 9/17-18 High.

One more Push Up likely in the 1st or 2nd hour Monday 9/17 should do it, then be prepared to buy the Rumor and SELL the FED, until the next CIT of course.

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