5 replies to this topic

[Islander]

Today on Bloomberg "Taking Stock" Nenner said, based on his cycles research:

1. that he was out of the market 9/29/09 and expected the market down into Oct 2009,
2. then some recovery in November 2009 to year end 2009 (trading rally, not for investment),
3.Longer run he said the market will retrace to March 2009 low (SP 600-700), or lower.
4. He is bullish on commodities; the low on gold cycle is 20 Oct to March 2010, crude is a buy Mid December for a long term rally into 2010.
5.Bonds in general are favorable for the next 6-9 months.

We use his work and he is by not means infallible, but often helpful in planning trades.

Best, Islander.

[Lee48]

Thanks for the Nenner update, worth listening to as he's no moron. Crude looks to be in a basing pattern and will probably bust out to the upside if all we get is a 8 or 16% Oct market correction.

[cycletimer]

Based on this synopsis the guy is watching Mark's TPP!!!

[tradesurfer]

is this the same guy that said his model "is never wrong" ?

[SilentOne]

Islander,

Today on Bloomberg "Taking Stock" Nenner said, based on his cycles research:

1. that he was out of the market 9/29/09 and expected the market down into Oct 2009,
2. then some recovery in November 2009 to year end 2009 (trading rally, not for investment),
3.Longer run he said the market will retrace to March 2009 low (SP 600-700), or lower.
4. He is bullish on commodities; the low on gold cycle is 20 Oct to March 2010, crude is a buy Mid December for a long term rally into 2010.
5.Bonds in general are favorable for the next 6-9 months.

We use his work and he is by not means infallible, but often helpful in planning trades.

Best, Islander.

I'll be darned! This guy has been reading my swing cycle threads!!

That's it. I'm gonna stop posting and start my own service.

cheers,

john

P.S. He conveniently changed his view on bonds.

Edited by SilentOne, 02 October 2009 - 09:33 AM.

[goldswinger]

He has definitely been reading this board swing section..... GS.