Friday, January 21, 2011
Friday, December 31, 2010
Tuesday, December 21, 2010
See 20-30% correction in emerging economies: Marc Faber
Emerging Markets front run US markets. Their pain, will not result in our gain.
Sunday, December 19, 2010
SPY FORECAST DEC 19.avi
Video explains market movement relationship to previous movements. Also provide trading update and forecast for 2011 and 2012.
Saturday, December 18, 2010
10 Year 2010 Retrace complete, time for pull back Dec 18th

Above we have a two year chart of the 10yr bond. The movement of the 10 year directly influences the S&P 500. Markets tend to move in same multiples of time and
distance.
As we see here, the 10yr has completed a 61% retrace of both the 2008 High to Low, and the 2010 High to Low. Each subsuqent Low to High was completed with a 38% retrace of that move. We can expect this pattern to continue, with a pull back to the 30 level, or 38% retrace of the 2010 Low to High.

Here on the SPY, we see the same repeated 38% retrace of Low to Highs over the last 2 years.
Should the pattern hold, we expect a pullback to the $115 area, or 38% retrace from current levels.
Keep in mind both the 10yr and S&P are in bear market up wedges within the larger 15 year secular Bear market that begin in the year 2000.
Despite the governments best efforts, then end results will be the same as the previous 120 year bull/bear cycles; a major decline of the indexes until the p/e ratio is below 10 and dividend rates are above 15%.
Labels:
daytrade,
spy,
swingtrade,
technical analysis,
ten year
Tuesday, June 8, 2010
SPY EMMINENT RALLY ON HAND

Markets repeat, always. Jan-Feb 45 calander days decline is now being repeated May-Jun 45 calander day decline. Result will be same, rally is at hand.
Both patterns are exactly the same, making new marginal lows just before taking off.
Get your longs ready to go!
Labels:
bull market,
daytrading,
spy,
swingtrading
Monday, May 24, 2010
DELL SETTING UP THE NEXT UP LEG!

GOING LONG DELL. On Thursday last week Dell came out with over 50% growth, and firing on all cylinders. As you can see by the chart posted, the stock reaction was as expected, completing a 6 day pull back out of the counter trend swing low swing high move.
This sets up for investors and traders a like, many happy returns as DELL repeats the pattern JAN-FEB on its way to making new year highs.
Labels:
daytrade,
dell,
swingtrade
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