TSG – Santa’s painful package for Wall Street…

Dear Trader,

TSG Stock Market Letter
Week Ending January 4, 2008

Topics Discussed This Week:

* Santa rally no-show
* Market leaders get clobbered
* Final earnings results for Q3
* Existing homes sales mirage
* Manufacturing in contraction
* Jobs/unemployment bad news
* Trying to remain positive
* Our updated recession watch – A look … Dear Trader,

TSG Stock Market Letter
Week Ending January 4, 2008

Topics Discussed This Week:

* Santa rally no-show
* Market leaders get clobbered
* Final earnings results for Q3
* Existing homes sales mirage
* Manufacturing in contraction
* Jobs/unemployment bad news
* Trying to remain positive
* Our updated recession watch – A look at the big picture…

It was another sea of red this week and as it turns out,
last week’s red show was just a precursor. As well, the much
hoped for Santa rally that comes between December 17 and
January 7 is MIA. And with two days left, the First Five Days
(FFD) indicator looks bleak with the S&P now down 3.9% in
the first three trading days of the year. The good news is that
while more than 75% accurate when it’s positive, the FFD
indicator barely has a 50-50 record in down years so there
is still hope – that is as long as you don’t look at the
leading market and economic indicators…

***************************************************
To read this week’s STOCK letter, please go to
http://tradesystemguru.com/content/view/134/58/
***************************************************
To read our latest SPECIAL REPORT – A Look at the
Big Picture for 2008 – What a way to start a year!
http://tradesystemguru.com/content/view/135/61/#2008
***************************************************
To read the latest INTERMARKET letter go to
http://tradesystemguru.com/content/blogcategory/35/69/
****************************************************