What you will be looking for is a day that closes above the prior day's high and most likely 'breaks' out to the upside to close above a trading range. This is the twitching worm that causes the public to leap before they look.
Sentiment: NEGATIVE
We usually break our records every Monday, so we'll see what turns up tonight after midnight. Next month it'll probably be higher, which is always weird.
Companies are always being bought and sold. The markets are always moving; you have to be on top of your position. And in the U.S., the market is never closed for more than three days. The only time the market was ever closed was 9/11. I think it may have been closed the whole week.
Usually, one day in a century rises above the others as an accepted turning point or historic milestone. It becomes the climactic day, or 'the day,' of that century.
Market timing, by the way, is a tag some buy-and-hold investors use to put down anything that involves using your brain. These are the same people who like to watch the locomotive coming and get run down in the name of discipline.
I know about having days off. They can be helpful sometimes, especially late in the year. It's just key to go out there and establish early, especially in this park where they can put up some crooked numbers early.
Our systems are all go. At 9:30 Monday morning trading will resume on both markets, and the message will be given to criminals who foisted this on America that they lost.
Once the smoke of the market crash clears off, you know, the Internet will pick back up and go. Take a look at what's happening to some of the big companies like eBay and Yahoo, the publicly traded stocks. You know, they're all coming back up off the mat now.
Market forces will one day crush the Federal Reserve. One day, the market forces will reverse.
There is only one day left, always starting over: it is given to us at dawn and taken away from us at dusk.
The next time you see an outside day with a down close lower than the previous day, don't get scared, get ready to buy!