Swenlin is the bear
#1
Posted 20 October 2007 - 09:58 AM
#2
Posted 20 October 2007 - 10:42 AM
~ Johann Wolfgang Von Goethe ~
#3
Posted 20 October 2007 - 11:12 AM
#4
Posted 20 October 2007 - 11:15 AM
#5
Posted 20 October 2007 - 01:36 PM
my opinion is that conditions are not typical of what we have seen before major crashes. (See my 12/8/2006 article, Crash Talk is Premature.) That does not mean that selling won't continue for longer than I anticipate based upon the above chart. The 9-Month Cycle projection is for a price top in this time frame, with a cycle low projected for mid-December, so, as usual, I'd caution against trying to pick a bottom.
Regardless of my personal opinion, we rely on the mechanical trend models to determine our market posture.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.