Jory capital from Winnipeg provides very thorough technical analysis without any evident bias. Check out their website,

http://www.jorycapital.com/Default.a...

The following was stated in todays results:

+19.27% in only 4 trading days!

In fairness, we could not expect more from our indicators than the absolutely terrific rally

they have just produced.

This has been the best 4-day rally since the summer of 1932, which gained +22.7%.

That powerful 1932 rally marked the end of the 1929-32 Bear Market.

Whether this week has done the same to the 2007-2008 Bear Market is still unknown.

Nevertheless, once again, this means that we are “hobnobbing” with the crowd of 1929-32.

The indicators, which we mentioned yesterday, all showed further improvements. These

were the Selling Pressure Index, Cumulative Advance/Decline Line and the 10-Day Advance

Decline Ratio. The Selling Pressure Index, in particular, seems headed for the amber light.

Also, the Cumulative Advance/Decline Line stands at +87,893 this morning, drawing away

steadily from the +81,195 low of November 20th.

Yesterday’s market internals were very positive:

a. 83.6% of all stocks advanced.

b. Upside Volume had a 90% Upside Volume Day at 90.6%.

c. The Plurality Index was +69.2%.

d. New Lows and New Highs are narrowing 92 vs. 18.

e. Pre-holiday Total Volume was reduced to 1.42 billion shares.

As the market takes a Thanksgiving Day break, the Bear Market from October 31, 2007

stands with a decline of -46.2%.

The two best months of the year are about to begin. What will they produce?