Friday, January 31, 2014

Got the expected sell off. Now get ready for massive Dow rally going into the close.

DJIA looks to be finishing its 5th wave down with an ending diagonal.  I'm flipping long for a day.  Beware of next week though.  That's when the real deal sell off begins.  What we have seen so far is just wave 1 down.  The real fear comes next week.  Leveraged gamblers will be thinking TVIX for next week.  I expect 70% gain in 1 week on that.  Minimum.  Could be much higher.




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