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Supplement to Weekly Stock Market Report of
February 8, 2009
| Vector Pressure moved into bullish
domains, suggesting proximity in timing to price peaking. |
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| Vector Pressure nearing bearish domains
suggests price bottoming in terms of timing. The Near-term Indicant was
collapsing leading up to a 4%+ bullish surge on Friday, February 6, 2009. |
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| The stock market constantly attempts to
synchronize Vector Pressure. When they get out of whack like these two
major economic sectors, the market has to choose sides as to which one to
adjust. On February 6, 2009, the market chose the bull to find congruency
to these two indices. Its preference is for there to be no renegades and
will always choose sides. The Utilities Near-term Indicant and the
Transports Near-term Indicant were differently configured with one bull
and one bear. Now, they are both bulls. Until congruency is achieved for
all the major indices, one should conclude the underlying cycle is a mere
spurt. |
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