Terry's T Theory:
T Theory Observations for January 14 2008 We appear to have entered the long term bearish trend projected by the Advance Decline T based the recent weakness. As a result rallies are expected to peak at the 55 day MA in the PDF chart below.
Download SRT080111.pdf
As noted in the chart by the black arrow this MA is definitely trending lower and rallies should peak just above the 55 Day MA, currently 1467 and falling slightly over time. The S&P is clearly oversold, and a rally can be expected at some point during January.
Also I am in the process of placing all the sites copyrights under the Creative Commons license.
We have entered the long term bearish trend
Started by
Rogerdodger
, Jan 14 2008 11:58 PM
2 replies to this topic
#1
Rogerdodger
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#2
mss
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I'M WATCHING
Posted 15 January 2008 - 06:38 AM
Read my posts on SWING WAVES. 
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#3
johngeorge
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Posted 15 January 2008 - 10:53 AM
Rogerdodger
Recently Jack Chan gave his opinion on when a bear market would start. 1387 spx or below on a WEEKLY (ie Friday) close.
Best to you.
Peace
johngeorge
johngeorge
