Harmonic Stock Clock extends Sale Price

Harmonic Stock Clock extends Sale Price

Due to the massive number of book orders, I have decided to extend the final sale days until this weekend. I have been trading during the day watching if the news with amusement of the cheerleaders' faces as they report another down day in the market. The hedge fund managers are keeping the market sell off orderly and controlled. I expect that on Thursday, they will find some "good news" to make the market climb higher, by a simple "short covering" rally. The hedge fund managers can't have a sell off on Thursday, that will lead to margin calls, something they don't want to see happen. Browsing through my emails today I am hearing a common theme among the new letters. Here is the common theme: Toby Smith, changewave.com want investors to buy. (TobySmith@ChangeWave.com
Doug Fabian wants investors to raise cash. http://www.dougfabian.com
Richard Shaeferr wants you to read "extraordinary Delusions and the madness of Crowds". http://www.schaeffersresearch.com
Louis Navellier wants you go think global markets not the u.s. markets.
Krammer on Mad Money, said to go to Japanese stock market for superior growth over the U.S. markets.

News Max Headlines
“GM in Grave Danger: Delphi Chief The CEO of newly bankrupt Delphi Corp., Steve Miller, insists that General Motors Delphi's biggest customer - will be forced into bankruptcy unless the auto giant can get the United Auto Workers union to make considerable wage and benefit concessions, according to Bloomberg.

SectorTrade Subscribers Up 41.2%
In One Week If you have been following our commentary recently, you'll know that here at Money News and Financial Intelligence Report, we'd been bouncing around the idea that perhaps the price of crude had gotten ahead of itself. (Sidebar: Oil sector has been down on profit taking.)

Homeowners Dump ARMs for Fixed Rates
In the past, when you wanted a new home loan - or extra cash in the form of a refinance deal - you could play around with variable interest rates, secure in the knowledge that interest rates wouldn't be rising anytime soon. But that was about 11 interest rate hikes ago. (Sidebar: Congress is considering eliminating capital gains on home sellers)

Tax Pitfalls Hurt Second-Home Buyers:
Second-home purchases, with the heavy tax ramifications that accompany them, are the latest real estate sector experiencing a hangover. (Sidebar: 13% of the homes sold last year were for second homes. In California, one of the highest growth in real estate prices, a restriction of capital gains will crush the home market. The lending institutions would also falter, processing fewer loans.)

Analysts Bullish on Market
Analysts say that even though the stock market has been pummeled by natural disasters and unnatural energy prices, expectations remain bullish for the markets this week. (Sidebar: Too many analysts were bullish in 2000 also.)
$1 MILLION MORTGAGE DEDUCTIONS A THING OF THE PAST?
A recent article in the LA Times suggested that tax reformers were also foaming at the mouths to get their hands on $2.7 billion in tax revenue that would arise out of cutting the mortgage deduction ceiling from $1 million down to $500K as well as all mortgage deductions on second homes. This is an important development as many homeowners have entered into the market, especially in California, with big mortgages upwards of a million.”


Looking at the McClellan Summation Index,(telechart T2118) it is heading for the lows back in May 2005, along with the stock prices. Also the number of stocks trading above their 200 day moving averages (telechart T2107) to 43% from the high of 82% in Feb 2005.

What will these signals mean? Time will soon tell, if there is no bounce this week, the hedge funds may begin a capitulation sell off.

The stock market's horoscope says:
“Remember, if something seems too good to be true, it is -- especially with money. This isn't the right week to take financial chances, no matter how confident your advisors are. Your own instincts will tell you to hold back, anyway. Listen up. When was the last time they steered you wrong?”

How True. So I will be offering the Harmonic Stock Clock Book for the same price till this weekend. http://www.doctrader.com/harmonicclockbook.htm
I wish all the investors and traders good luck for the rest of the month.

God Bless
Doc
www.doctrader.com