Friday, January 18, 2008

Bo Yoder Trader Thoughts






I believe the markets may be setting us up for a "Black Monday" scenario. Today's selloff began what looks to me like a capitulation cycle for the Dow & S&P 500. I would expect to see some bounce attempts intraday tomorrow, but suspect the market will end up the week on an extremely weak note. This could set us up for a big selloff and capitulation type reversal Monday or Tuesday of next week. If you are short, I would be extremely aware that the Fed has shown a distinct interest in recent years in "doinking" weak markets, and it would not surprise me a bit to see a "surprise" Fed easing intraday if the Dow is -200 or more in Friday or Monday's session.



7 comments:

Denarii said...

Stewie - I sent an email to your yahoo account.

upsidetrader said...

stewie,

GO PACKERS MAN!!!

Johnson's Blog said...

right on cue eh?

Stewie said...

Bo Yoder is the man dude!

Andre said...

How do you get Bo Yoder ?

Anonymous said...

Hi Andre.
Bo yoder has a free little newsletter that he updates every couple days or so on hardrightedge.com

Stewie said...

Hi Andre.
Bo yoder has a free little newsletter that he updates every couple days or so on hardrightedge.com

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