42 replies to this topic

[teknobucks]

"MARK THIS DOWN:
"SPX 1100 WILL NEVER BE SEEN AGAIN IN OUR LIFETIME. (Unless it's in the next 10 days!)""

Caveat: This may only apply to really old traders.

so let's hope it's the over 80 vs. the over 40 crowd....

think next week is up...kitty has gotta bounce

[thespookyone]

By the end of the year. But don't buy it just yet.

I'm with you. A great place to be-should I call shotgun?

[SemiBizz]

I felt like there was a heavy cloud over the market because of the Iran NUKE deal.
Getting thru the weekend without any action should allow the markets to breathe a sigh of relief, however temporary.

Until they look up at the EURO and it's crashing when it should be rallying...

There's your REAL worry.

[nimblebear]

So the market will blow up through 1100 and never look back, or it will fall massively, into a longer secular bear.

Cute. How can you be wrong ? Only if it goes up over 1100, and then back down through it. I'd say the odds are high we see 1100 a lot with how this market has been trading since April.

looks to me like someone is bored, especially with the dearth of posts here on the board in recent weeks.

[selecto]

Spooky, I think we saddle up into this coming (lucrative) fourth quarter of the 2nd year presidential cycle to get a running start on the 3rd year, which has not closed down since 1939. The Bull should have a merry, merry Xmas 2010. (How's that off a 30 minute chart.?)

[CallMeIshmael]

"MARK THIS DOWN:
"SPX 1100 WILL NEVER BE SEEN AGAIN IN OUR LIFETIME. (Unless it's in the next 10 days!)""

Caveat: This may only apply to really old traders.

If you ask Precter, he will say even for young traders. In the past three quarters of a century we have lived through the most feverish bubble activity in hundreds of years. Now it's time to pay the piper.

[IYB]

"MARK THIS DOWN:
"SPX 1100 WILL NEVER BE SEEN AGAIN IN OUR LIFETIME. (Unless it's in the next 10 days!)""

Caveat: This may only apply to really old traders.

We will go back up thru 1100 in 2026. I'm sure my back will be achin' as I'm sittin' in the rocking chair eatin' my strained peas, but I plan to be there....

[CallMeIshmael]

"MARK THIS DOWN:
"SPX 1100 WILL NEVER BE SEEN AGAIN IN OUR LIFETIME. (Unless it's in the next 10 days!)""

Caveat: This may only apply to really old traders.

We will go back up thru 1100 in 2026. I'm sure my back will be achin' as I'm sittin' in the rocking chair eatin' my strained peas, but I plan to be there....

Let's see, 2026. Boy is that a relief!

[Rogerdodger]

Spooky, I think we saddle up into this coming (lucrative) fourth quarter of the 2nd
year presidential cycle to get a running start on the 3rd year, which has not closed
down since 1939.

The Bull should have a merry, merry Xmas 2010.

(How's that off a 30 minute chart.?)

Actually Stock Trader's Almanac agrees saying to buy the market and hold it 2 1/2 years when the MACD buy signal is given after September in the 2nd Presidential year.
But they are not taking into consideration a 40 year and an 80 year cycle low potential.

March 13th post:
This fall could be a K-Cycle doosey, Go away in May & TRIPLE YOUR RETURNS!

"Best Six Months + Timing + Four-Year Cycle = Triple Returns"
Last weekend I read something in Trader's Almanac which got me to thinking about Laundry's late August ending of his 13th T.
Could the two be pointing to a steep decline which might be a surprising buy?

Review the Almanac's system below and you will see that they combine the Best Six Months (Nov through April) with Timing (MACD cross down after May's top) plus the 4 year presidential cycle.
However on the "mid-term" year 2010, you would Buy and Hold 2 1/2 years.
Buying after the October 1st 2010 MACD buy signal and Sell during the post-election MACD seasonal sell signal sometime after April 1 2014.

Will Terry's 80 year K-Cycle trump the Almanac system?
Will the post August T sell-off be so dramatic that it will be a 2 1/2 year buy?
Will Don W. buy the low within 2 points? laugh.gif

(See Trader's Almanac 2010 P. 60: "Best Six Months + Timing + Four-Year Cycle = Triple Returns") LINK

PS. On P 58 the Almanac shows Nasdaq's best 8 months: November through June.
Using the MACD signal cross doubles returns on $10,000 into $718,420 over 38 years, since Nasdaq's inception.

Edited by Rogerdodger, 22 August 2010 - 03:31 PM.

[jdjimenez]

"MARK THIS DOWN:
"SPX 1100 WILL NEVER BE SEEN AGAIN IN OUR LIFETIME. (Unless it's in the next 10 days!)""

Caveat: This may only apply to really old traders.

We will go back up thru 1100 in 2026. I'm sure my back will be achin' as I'm sittin' in the rocking chair eatin' my strained peas, but I plan to be there....

Let's see 2026 I'll be 72. Sorry Roger, I plan on making that.