Glenn Neely Neowave Prediction today
#1
Posted 17 June 2009 - 03:52 PM
#3
Posted 17 June 2009 - 04:03 PM
http://www.prweb.com...rweb2537224.htm Anyone experienced his calls in the past??
Neely's good. I like the forecast because the $SPX cycles are still bearish until proven otherwise (ie. 9 year cycle is pointing down) and we should see a 9 month low into year end. The target may be too bearish, as 500ish is the target for the summer of 2010, the next 18 month low (Aug./Sept.). Time will tell.
Predicting week to week market moves from here is going to be a lot harder than people think. That's why the simplest strategy for investors is too wait for major cycle lows that are coming due. As for you traders, you better be on your game.
cheers,
john
P.S.
Glenn Neely is providing this information not as a specific trade recommendation but as a general public service announcement. A prominent Elliott Wave analyst, Neely was recently recognized in Timer Digest's May issue as the #1 stock market timer for the past 12 months.
I guess that says it all ...
Edited by SilentOne, 17 June 2009 - 04:06 PM.
#4
Posted 17 June 2009 - 04:10 PM
#5
Posted 17 June 2009 - 05:03 PM
its spelled .....short.thats a keeper......snort
thats the keeper.
#6
Posted 17 June 2009 - 05:12 PM
http://www.zimbio.co...Veyron Crashing
#7
Posted 17 June 2009 - 06:58 PM
http://www.prweb.com...rweb2537224.htm Anyone experienced his calls in the past??
Neely's good. I like the forecast because the $SPX cycles are still bearish until proven otherwise (ie. 9 year cycle is pointing down) and we should see a 9 month low into year end. The target may be too bearish, as 500ish is the target for the summer of 2010, the next 18 month low (Aug./Sept.). Time will tell.
Predicting week to week market moves from here is going to be a lot harder than people think. That's why the simplest strategy for investors is too wait for major cycle lows that are coming due. As for you traders, you better be on your game.
cheers,
john
P.S.Glenn Neely is providing this information not as a specific trade recommendation but as a general public service announcement. A prominent Elliott Wave analyst, Neely was recently recognized in Timer Digest's May issue as the #1 stock market timer for the past 12 months.
I guess that says it all ...
maybe you awta look at every issue .......the only thing exciting about that pronouncement is how bullish it is....
#8
Posted 17 June 2009 - 07:01 PM
http://www.prweb.com...rweb2537224.htm Anyone experienced his calls in the past??
Glenn Neely is top notch in my opinion. Here is a chart he created back in June 2008 with the SPX near 1400. Note the path of the red dashed line bottoming at 650. I would say that was a pretty incredible call, but you judge for yourself.
KMB
Nealy_SPX_chart_6_6_08.pdf 42.15KB 624 downloads
People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.
#9
Posted 17 June 2009 - 07:17 PM
....so now why isnt he a screaming bull......http://www.prweb.com...rweb2537224.htm Anyone experienced his calls in the past??
Glenn Neely is top notch in my opinion. Here is a chart he created back in June 2008 with the SPX near 1400. Note the path of the red dashed line bottoming at 650. I would say that was a pretty incredible call, but you judge for yourself.
KMB
Nealy_SPX_chart_6_6_08.pdf 42.15KB 624 downloads
if being number one in timer digest impresses anybody then the current number one timer sez this....................
>William Corney of No-Load Portfolios is on a November 21, Buy signal. The current position of his Business Cycle suggests that weakness may be a buying opportunity for the under invested.<
Edited by da_cheif, 17 June 2009 - 07:24 PM.
#10
Posted 17 June 2009 - 08:51 PM
....so now why isnt he a screaming bull......http://www.prweb.com...rweb2537224.htm Anyone experienced his calls in the past??
Glenn Neely is top notch in my opinion. Here is a chart he created back in June 2008 with the SPX near 1400. Note the path of the red dashed line bottoming at 650. I would say that was a pretty incredible call, but you judge for yourself.
KMB
Nealy_SPX_chart_6_6_08.pdf 42.15KB 624 downloads
if being number one in timer digest impresses anybody then the current number one timer sez this....................
>William Corney of No-Load Portfolios is on a November 21, Buy signal. The current position of his Business Cycle suggests that weakness may be a buying opportunity for the under invested.<
If I recall correctly, Neeley was calling for the sky to fall bak in 03. as it kept rising, he kept screaming. He was on Ike's show. radio. the only time Ive ever seen him bin right is when its in past tense.
I'd go with da chief over this call here frankly.
im not knockin the guy but im just sayin'....