Another volitile day on the street and another great day for our members -

Today’s alert - 70 points!

Today’s Alert -

10 AM Morning Update for 10/15/2008

Please be aware, without respect to the EMF forecast,
Price action at this time is bearish suggesting potential downside movement.

We currently have a gap or lapse condition of -21.00 points.
Please be cautious of the impact of morning gaps on price action.
Further alerts will be provided if market conditions warrant.

** ALERT ** Time= 1005: The current price action is bearish. Short positions taken on upside rallies may be beneficial between now and the close. If we have declined > 40 points in the near term, then successful short trading may be diminished

Here is a note from one of our members -

“i just wanted to say thanks to eminiforecaster for $10,000.00 which i just made just moment ago.with knowing that market was heading lower which that jacked up my ETF stock i just sold for 20 percent in just 2 days.”

- Sean Lee

Here is our G-line forecast for today -