Alstry's Friday -500
FDIC-insured banks lost $26 billion in 4Q 2008
Autodesk swings to fiscal fourth-quarter loss
Cisco Systems begins job cuts and may eliminate 2,000 positions
GM loses $9.6 billion in fourth quarter
There ain't much making much money these days. What is a money losing business worth??????
The Alstrynomic Indicators are really flashing RED!!!!!!! We have a convergence of a divergence leading to a spector of a vector heading downtown and wearing a gown. Is the ghost of Friday crashes is coming to a market near you?
For a few weeks now, I have been warning you about the negative readings on the Alstrynomic indicators.....and for the most part, the market has headed straight down. Today Alstry made the reversal call when the market was UP 100. We now we have reversed and this puppy may be set to go cliff diving.
500 points is my call......200 is more likely......less than 24 hours until we know for sure. Hang on, this just may be the ride of our life.