TimingCrystal

[teabull]

The stock market showed more concerted downward pressure on Friday of last week as investors lightened up on stocks that they didn't want to hold over the weekend. I would guess that the stock markets were swamped by sell orders late Friday for fear the markets could open decidedly lower on the following Monday. You may wonder how the TC Index strengthened this week with the continued stock market correction? The main reason for this is that our measure of investor Sentiment is showing extremes in investor anxiety and outright panic. At current panic levels, the TC Index has consistently come within a few percentage points of marking a mid-term bottom in the major indices over the past 17 years of back testing and live trades. However, we may still have to go down another few percentage points in the S&P 500 Index before the last of the sellers are washed out and a selling vacuum is put in place.

Sincerely,

Anthony Waller
President
Teabull Asset Timer Ltd
http://www.timingcrystal.com

Please note: The views of Anthony Waller and Teabull Asset Timer Ltd are not a recommendation or a solicitation that any particular investor should purchase or sell any particular security in any amount, or at all. We always recommend that investors seek investment advice from their licensed investment Advisor or Broker before making any financial decisions.