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UPDATE, JAN 30 2010
In a normal trading year, the market gets three corrections 5% or as much as 10%.
Currently the market has corrected 7%.
Here’s a kicker. The QQQQ is at RSI 32, the last time I checked.
The QQQQ rarely goes below RSI 30.
I don’t know if you can stop on a dime? You might have to turn around, and start going long!
When QQQQ, reaches RSI 30, this is exactly what you might / should start doing.
QQQQ at RSI 29.7, is your stop loss.

FRIDAY JAN 29 2010
I have an ETF, that 100% is going to reach this price sometime in FEB.
( approx 20% gain ahead)
I’m posting this incredible find in the member’s area
and in my newsletter, that’s going out today.
So, either become a member and see this incredible find now.
Or, sign up for my newsletter, to get my next incredible find,
in my next newsletter.

Next newsletter set to go out 6:26 EST.
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Investor psychology–entire sites are devoted to this subject,
and 80% of them are hogwash.
The market psychology changed from follow the up trend,
to what the heck will happen when the stimulus money
runs out in 6 month’s and the corporate profits
will have to generate the growth / stimulus.
This type of Uncertainty makes the VIX go higher.
Don’t expect the uncertainty to go away for
at least a couple of month’s.
(I’m guessing on the time frame)
Meantime DIA 101-to 103, short at 103,
next channel 99 to 102,
until, 96 = 10% correction. That’s my best guess.
( I hope my hogwash is better than the next guys!)
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