Todd Market Forecast for Tuesday (11/25/08)

www.toddmarketforecast.com

Available Mon- Friday after 6:00 p.m. Eastern, 3:00 Pacific.

DOW                  + 36 on 1000 net advances

NASDAQ COMP.         - 1 on 150 net advances

SHORT TERM TREND                 Bearish

INTERMEDIATE TERM TREND          Bearish

Yesterday we had a bailout of Citigroup and the market surged. Today the
government announced two new programs to encourage lending to consumers
and we had another positive day. Maybe if they announce a new program
every day, we will keep going higher. I just wonder where all the money
is going to come from. In all seriousness, the market is acting better.
Breadth is finally curling up. In the recent past even a mild down
session would see declining issues swamp advancing ones. Today a
negative NASDAQ had positive breadth. I can't remember the last time
that happened. Tomorrow is the last Wednesday before Thanksgiving. Since
1980, there have been 19 higher sessions and 8 downers. The last five in
a row have been higher. However, we have now seen two days with the CBOE
put call ratio below .80. Readings that low have portended at least a
short term pullback in recent years. Gold rose marginally as did the
yen. Bonds exploded and crude had another solidly down session. The
dollar also had a sharp down session.

BOTTOM LINE:

Our intermediate term systems are on a sell.

Short term traders are in cash. Stay there on Wednesday.

NEWS AND FUNDAMENTALS:

Q3 GDP moved to a minus 0.5%. This was in line with expectations. The
Case Schiller home price index dropped 17.4% year over year. The
Conference Board reported that consumer confidence came in at 44.9. This
was more than last month's reading of 39.5, but still near a record low.

OTHER MARKETS

We're on a buy for bonds as of November 18.

We'll move back to a sell for the dollar and a buy for the Euro as of
today November 25.

We are on a buy for gold as of November 21.

We are on a sell for crude oil as of November 6.

We are long term neutral for all major world markets, including those of
the U.S., Britain, Canada, Germany, France and Japan.



STEPHEN TODD

A SHORT BIOGRAPHY

Editor and publisher of the Todd Market Forecast, a monthly stock market
newsletter with an included nightly hotline.

Steve has published articles on the stock market in the following
publications: Barron's, Stock Market Magazine, Futures Magazine, The
National Educator, and others.

His stock market commentary is heard on the following stations: CNBC,
Bloomberg, CNN, Associated Press Radio, Business Radio Network, CKNW in
Vancouver, British Columbia, KFWB, Los Angeles and ROBTV in Toronto,
Ontario.

RANKED # 1      BY TIMER DIGEST

Timer Digest of Greenwich, CT monitors and ranks over 100 of the
nation's best known advisory services. If you have heard of an advisor,
it is likely that he or she is monitored and ranked by Timer Digest.

Once per year, in January, Timer Digest editor Jim Schmidt gives the
rankings for all services monitored for multi year time frames. The
latest survey has us ranked # 1 for the past ten years.


TODD MARKET FORECAST P.O. Box 4131 Crestline, CA 92325-4131

www.toddmarketforecast.com

e-mail - toddmarketforecast@charter.net

phone 909 338 - 8354