[Chris Scoreboard Johnston]

If we get a 50% housing drop you ain’t seen nothin yet in stocks, the two markets are inexoribly connected right now. I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I am not sure who posted the really bullish gold comments, but I am looking for a significant down move in gold that should begin with the next 2 to 3 weeks. I hope todays drop is not the beginning because my entry signal is not set up quite yet. There are very strong long term seasonal and cyclical factors hitting very soon calling for a good sized decline. The commercials also have their largest short position in history, no time to be a gold bull other than a day trade here and there.

Crude oil typically bottoms in Feb, but the commercials are heavily short so as long as that condition exits I will stay clear of longs there, but once they shift, a good upmove should start there. The seasonal is going to be late it appears there this year.

[Chris Scoreboard Johnston]

If we get a 50% housing drop you ain’t seen nothin yet in stocks, the two markets are inexoribly connected right now. I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I am not sure who posted the really bullish gold comments, but I am looking for a significant down move in gold that should begin with the next 2 to 3 weeks. I hope todays drop is not the beginning because my entry signal is not set up quite yet. There are very strong long term seasonal and cyclical factors hitting very soon calling for a good sized decline. The commercials also have their largest short position in history, no time to be a gold bull other than a day trade here and there.

Crude oil typically bottoms in Feb, but the commercials are heavily short so as long as that condition exits I will stay clear of longs there, but once they shift, a good upmove should start there. The seasonal is going to be late it appears there this year.

[Chris Scoreboard Johnston]

If we get a 50% housing drop you ain’t seen nothin yet in stocks, the two markets are inexoribly connected right now. I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I am not sure who posted the really bullish gold comments, but I am looking for a significant down move in gold that should begin with the next 2 to 3 weeks. I hope todays drop is not the beginning because my entry signal is not set up quite yet. There are very strong long term seasonal and cyclical factors hitting very soon calling for a good sized decline. The commercials also have their largest short position in history, no time to be a gold bull other than a day trade here and there.

Crude oil typically bottoms in Feb, but the commercials are heavily short so as long as that condition exits I will stay clear of longs there, but once they shift, a good upmove should start there. The seasonal is going to be late it appears there this year.

[Chris Scoreboard Johnston]

If we get a 50% housing drop you ain’t seen nothin yet in stocks, the two markets are inexoribly connected right now. I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I am not sure who posted the really bullish gold comments, but I am looking for a significant down move in gold that should begin with the next 2 to 3 weeks. I hope todays drop is not the beginning because my entry signal is not set up quite yet. There are very strong long term seasonal and cyclical factors hitting very soon calling for a good sized decline. The commercials also have their largest short position in history, no time to be a gold bull other than a day trade here and there.

Crude oil typically bottoms in Feb, but the commercials are heavily short so as long as that condition exits I will stay clear of longs there, but once they shift, a good upmove should start there. The seasonal is going to be late it appears there this year.

[Chris Scoreboard Johnston]

If we get a 50% housing drop you ain’t seen nothin yet in stocks, the two markets are inexoribly connected right now. I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I am not sure who posted the really bullish gold comments, but I am looking for a significant down move in gold that should begin with the next 2 to 3 weeks. I hope todays drop is not the beginning because my entry signal is not set up quite yet. There are very strong long term seasonal and cyclical factors hitting very soon calling for a good sized decline. The commercials also have their largest short position in history, no time to be a gold bull other than a day trade here and there.

Crude oil typically bottoms in Feb, but the commercials are heavily short so as long as that condition exits I will stay clear of longs there, but once they shift, a good upmove should start there. The seasonal is going to be late it appears there this year.

[Chris Scoreboard Johnston]

This is what so many of you hoped for, why be afraid, you should be thrilled. Those of us who said be careful what you wished for were talking about exactly this scenario. Obviously the market is short term oversold and will bounce sharply in the next day or two even today it could happen.

The PPT’s .75 seem to disappoint traders based on the tape, However, based on this opening being past a -4.0 std deviations based on a 60 day regression channel, it is likely to be a short term low today. Every other time in history I can find where we touched the -4.0 we had a significant bounce almost immediately.

I exited my futures long Sunday luckily when it was actually in the green from Fridays close, so I am probably going to sit this one out. Trading in this volatility is straight out gambling. If we get way down I will nibble on a few blue chip stocks I like. I took my Gold shorts off profitably last night, and am only short Cocoa at this point which is unaffected by this stuff. I am looking to put on a heavy short position on Gold during any bounce we get up from here during the next week.

[Chris Scoreboard Johnston]

This is what so many of you hoped for, why be afraid, you should be thrilled. Those of us who said be careful what you wished for were talking about exactly this scenario. Obviously the market is short term oversold and will bounce sharply in the next day or two even today it could happen.

The PPT’s .75 seem to disappoint traders based on the tape, However, based on this opening being past a -4.0 std deviations based on a 60 day regression channel, it is likely to be a short term low today. Every other time in history I can find where we touched the -4.0 we had a significant bounce almost immediately.

I exited my futures long Sunday luckily when it was actually in the green from Fridays close, so I am probably going to sit this one out. Trading in this volatility is straight out gambling. If we get way down I will nibble on a few blue chip stocks I like. I took my Gold shorts off profitably last night, and am only short Cocoa at this point which is unaffected by this stuff. I am looking to put on a heavy short position on Gold during any bounce we get up from here during the next week.

[Chris Scoreboard Johnston]

This is what so many of you hoped for, why be afraid, you should be thrilled. Those of us who said be careful what you wished for were talking about exactly this scenario. Obviously the market is short term oversold and will bounce sharply in the next day or two even today it could happen.

The PPT’s .75 seem to disappoint traders based on the tape, However, based on this opening being past a -4.0 std deviations based on a 60 day regression channel, it is likely to be a short term low today. Every other time in history I can find where we touched the -4.0 we had a significant bounce almost immediately.

I exited my futures long Sunday luckily when it was actually in the green from Fridays close, so I am probably going to sit this one out. Trading in this volatility is straight out gambling. If we get way down I will nibble on a few blue chip stocks I like. I took my Gold shorts off profitably last night, and am only short Cocoa at this point which is unaffected by this stuff. I am looking to put on a heavy short position on Gold during any bounce we get up from here during the next week.

[Chris Scoreboard Johnston]

This is what so many of you hoped for, why be afraid, you should be thrilled. Those of us who said be careful what you wished for were talking about exactly this scenario. Obviously the market is short term oversold and will bounce sharply in the next day or two even today it could happen.

The PPT’s .75 seem to disappoint traders based on the tape, However, based on this opening being past a -4.0 std deviations based on a 60 day regression channel, it is likely to be a short term low today. Every other time in history I can find where we touched the -4.0 we had a significant bounce almost immediately.

I exited my futures long Sunday luckily when it was actually in the green from Fridays close, so I am probably going to sit this one out. Trading in this volatility is straight out gambling. If we get way down I will nibble on a few blue chip stocks I like. I took my Gold shorts off profitably last night, and am only short Cocoa at this point which is unaffected by this stuff. I am looking to put on a heavy short position on Gold during any bounce we get up from here during the next week.

[Chris Scoreboard Johnston]

This is what so many of you hoped for, why be afraid, you should be thrilled. Those of us who said be careful what you wished for were talking about exactly this scenario. Obviously the market is short term oversold and will bounce sharply in the next day or two even today it could happen.

The PPT’s .75 seem to disappoint traders based on the tape, However, based on this opening being past a -4.0 std deviations based on a 60 day regression channel, it is likely to be a short term low today. Every other time in history I can find where we touched the -4.0 we had a significant bounce almost immediately.

I exited my futures long Sunday luckily when it was actually in the green from Fridays close, so I am probably going to sit this one out. Trading in this volatility is straight out gambling. If we get way down I will nibble on a few blue chip stocks I like. I took my Gold shorts off profitably last night, and am only short Cocoa at this point which is unaffected by this stuff. I am looking to put on a heavy short position on Gold during any bounce we get up from here during the next week.

[Chris Scoreboard Johnston]

I will re-state what I stated at the end of last year, that modeling of mine along with another one from a more skilled and experienced trader, establishes a good probability of a significant low between the end of Jan and March. I went to cash based on this on the last trading day of last year as I mentioned in a prior post, except holding my MO which has held up well.

Sharply declining stock prices along with sharply rising bond prices is the ideal buy setup for stocks, it is referred to as the Jaws of Live by Larry Williams. This is what we have here. It is a large scale pattern so cannot be timed on a daily basis.

I am currently long the SP futes at 1317 on a short term trade placed yesterday that was in my trading service as well. This trade is just designed to buy into extreme short term weakness and exit quickly. This does not mean I am aggressively long large size, it is a short term trade that will most likely be exited on Tuesday. It think we will drift at these levels more or less for the next two weeks, then stage a bit of a rally, drift down into March, then go up in a somewhat choppy fashion into July.

[Chris Scoreboard Johnston]

I will re-state what I stated at the end of last year, that modeling of mine along with another one from a more skilled and experienced trader, establishes a good probability of a significant low between the end of Jan and March. I went to cash based on this on the last trading day of last year as I mentioned in a prior post, except holding my MO which has held up well.

Sharply declining stock prices along with sharply rising bond prices is the ideal buy setup for stocks, it is referred to as the Jaws of Live by Larry Williams. This is what we have here. It is a large scale pattern so cannot be timed on a daily basis.

I am currently long the SP futes at 1317 on a short term trade placed yesterday that was in my trading service as well. This trade is just designed to buy into extreme short term weakness and exit quickly. This does not mean I am aggressively long large size, it is a short term trade that will most likely be exited on Tuesday. It think we will drift at these levels more or less for the next two weeks, then stage a bit of a rally, drift down into March, then go up in a somewhat choppy fashion into July.

[Chris Scoreboard Johnston]

I will re-state what I stated at the end of last year, that modeling of mine along with another one from a more skilled and experienced trader, establishes a good probability of a significant low between the end of Jan and March. I went to cash based on this on the last trading day of last year as I mentioned in a prior post, except holding my MO which has held up well.

Sharply declining stock prices along with sharply rising bond prices is the ideal buy setup for stocks, it is referred to as the Jaws of Live by Larry Williams. This is what we have here. It is a large scale pattern so cannot be timed on a daily basis.

I am currently long the SP futes at 1317 on a short term trade placed yesterday that was in my trading service as well. This trade is just designed to buy into extreme short term weakness and exit quickly. This does not mean I am aggressively long large size, it is a short term trade that will most likely be exited on Tuesday. It think we will drift at these levels more or less for the next two weeks, then stage a bit of a rally, drift down into March, then go up in a somewhat choppy fashion into July.

[Chris Scoreboard Johnston]

I will re-state what I stated at the end of last year, that modeling of mine along with another one from a more skilled and experienced trader, establishes a good probability of a significant low between the end of Jan and March. I went to cash based on this on the last trading day of last year as I mentioned in a prior post, except holding my MO which has held up well.

Sharply declining stock prices along with sharply rising bond prices is the ideal buy setup for stocks, it is referred to as the Jaws of Live by Larry Williams. This is what we have here. It is a large scale pattern so cannot be timed on a daily basis.

I am currently long the SP futes at 1317 on a short term trade placed yesterday that was in my trading service as well. This trade is just designed to buy into extreme short term weakness and exit quickly. This does not mean I am aggressively long large size, it is a short term trade that will most likely be exited on Tuesday. It think we will drift at these levels more or less for the next two weeks, then stage a bit of a rally, drift down into March, then go up in a somewhat choppy fashion into July.

[Chris Scoreboard Johnston]

I will re-state what I stated at the end of last year, that modeling of mine along with another one from a more skilled and experienced trader, establishes a good probability of a significant low between the end of Jan and March. I went to cash based on this on the last trading day of last year as I mentioned in a prior post, except holding my MO which has held up well.

Sharply declining stock prices along with sharply rising bond prices is the ideal buy setup for stocks, it is referred to as the Jaws of Live by Larry Williams. This is what we have here. It is a large scale pattern so cannot be timed on a daily basis.

I am currently long the SP futes at 1317 on a short term trade placed yesterday that was in my trading service as well. This trade is just designed to buy into extreme short term weakness and exit quickly. This does not mean I am aggressively long large size, it is a short term trade that will most likely be exited on Tuesday. It think we will drift at these levels more or less for the next two weeks, then stage a bit of a rally, drift down into March, then go up in a somewhat choppy fashion into July.

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