Wednesday, June 14, 2006

More big picture than just a loser list . . .

First, the Naz and the dow are at some long term support--for now.

The VIX made a nice little spike.

And the CRB is at the bottom of a long term channel.

All this makes a case for a nice bounce--but if it doesn't happen soon--REAL SOON--we could go a lot lower.

I'm pretty much waiting to see which way the next 5% goes--up or down.

the ~j man

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