Jon's CHARTS

[jon_e_og]

Wednesday May 24 2006: STOCK MARKET CRASH possible...

With todays action I feel we have a higher probability chance for a crash or significant decline tomorrow than ever before in the history of my following the market... between now and the 2nd week of june i would pt the odds about 50/50 ... trade carefully

we went from + 13 to -10 , to close at the LOD on HEAVY panic selling... im curious to see how the futures trade after globex opens in a lil bit

but the action this afternoon was very scary, the only chance now is for the fed to step in a pump this thing full of liquidity... but w/ inflation where its at their hands seem to be tied...