Tuesday, February 5, 2008


I failed to mention the probability model in my earlier post.

Nothing very exciting here, but it does call for some stabilization by the close of the day.

50% of the outputs call for a consolidation
35% of the outputs call for a lower open followed by a reversal up
15% of the outputs call for more of what we saw Tuesday, just a bit more subdued.

So 85% of the probability models outputs call for the correction to cease at current or very slightly lower prices than where we are now and by the close of 2/6/08.

This seems to be in line with what our other intermediate term models have been calling for.

No comments:

Trend Analysis LLC Headline Animator