Positioning For Collapse
Today’s trade in the June S&P continued the advance which came on the heels of the key reversal bottom which formed this past Monday. This three day advance fits perfectly with my expectation for the trend to reverse at the 4/22-4/23 time target. The post yesterday explained procedurally that I would expect the move to […]
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Red Alert Continued
The strength we saw in the major equity indices today is more consistent with the market forming a top as we approach time targets of 4/22 and 4/23. Based on the notion that the market low that formed two days ago on 4/18 represents the start of a new thrust upward, the expectation is that its run […]
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Market Red Alert
Attention-Attention!!! Abrupt and Extreme move to occur in the Stock market this Friday(04/22/11) and/or Monday(04/25/11). More than two months ago a number of factors began to indicate trend reversal for April 22, and April 23. When I derive a weekend target such as Saturday 04/23, I necessarily look at the Friday before and the following Monday. […]
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A Fairy Tale
Once upon a time, many eons ago,there lived a young man, who lived in the district of the “Dark Side”. His village was so named, since it was widely believed that no one could predict the future. Being a young lad he found this quite sad and at least quite peculiar. For what was obvious […]
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