On July 12th I posted that there would be no massive decline until one began sometime before December and ended by the middle of 2022. Nothing has changed regarding that, but I also wrote that I thought we would have a 5% to 7% correction before the end of August and other than a 3% correction in July and an even smaller correction in August we have fallen far short of my prediction and went almost 2% higher than what I thought the high would be in August which was 1% higher than 3380 which is around 4425. The summation indexes on both the NYSE and the NASDAQ have had quite a bit of weakness and in most cases this type of weakness has been associated with a 5% correction or more, but the rotation while taking one sector to the woodshed and buying another has been something to behold. I'll defer to Fib if this is not that unusual. August isn't finished yet but that's where we stand so far. Unless something crazy happens I still believe we will be higher after whatever short term correction we do have and then sometime before December we start the massive decline. I'll be back with update #2 sometime later.
In the meantime I can't resist making a comment about blustar. It's amazing that blustar posts so many different scenarios after one of his original posts, with many of these posts being wrong, but it's even more amazing that no matter how many different scenarios blustar posts he always has an Astrological alignment that corresponds to his new and improved scenario. I have always respected those who were able to use Astro with T.A. Arch Crawford being probably the best example. With that in mind I offer the following advice to blustar in case he runs out of Astrological formations. Get in front of a full length mirror and turn around and then bend over and close your eyes and stay in that position until you are really dizzy. Then open your eyes while bent over and you should be able to see many different stars aligned with Uranus. Hope that helps.