You had been informed in almost everything...banks, commoditties, transportation, and the broad market before today's open (大年初一看美股，越看越觉得：本轮下跌没有结束  (2009-01-26 16:28:01))and shortly after the open(美股：ABC 上涨已近尾声。。。。  (2009-01-26 23:36:52) ).  IF you understood what I had said,by now, you should have made some money on the short side from this morning, or just simply taken the profits off the table when the market run its high today, the profits from the last 2-3 trading days. 

Oh well, Jan 26 was a new moon day, which I originally thought it could be the day for a market bottom, turns out that it could well be the top of wave 2.  In general, the full/new moon day happens to be top/bottom day, one way or another, though it does not come in every month. It is something to be kept in your mind.

Banking Index

The bull does not want to see the bearish flag forming, but you had been informed ahead of time.

Commoditties vs the Broad Market

The dollar is on its big C-Wave up, the gold is making its top, XAU(gold & silver index) is done its wave-5 top, the rest of commoditties...charts are saying everything, and saying better than words. With the trouble still in banks,if commoditties goes down again, plus tech/sp chart turns down again, I really do not know what can hold this market up. 

POT, one of Ag plays, 60' chart

the second top (today) came in right @ 1PM as the chart predicted. You have been informed ahead of time.

POT daily chart

look at its volumes in last 3 day, "pathetic" is the word. Unless it picks up later today, which I doubt it.

S&P500

ABC up done as Wave 2 topped out. You were informed shortly after the open today.

S&P100

ABC up to form the bearish flag.  You have been informed as well.

Transportation

You were told to watch this index

The last hope for the bull

breaking-out symmetrical triangle and backtesting.  The backtesting is the last hope for the bull.  But the transportation index does not spell it well.