Over the past month we have waited patiently in the hope and expectation the S&P 500 would experience a decline to new recent lows. If the double bottom is broken in the September S&P 500 followed by a reversal higher, we will be issuing a buy signal to enter speculative long positions in anticipation of [...]
Continue reading...1. June 2010
On May 25th, the cash S&P 500 and the heating oil (the strong sister of the energy complex), fractionally broke the February 5th corrective lows followed by dramatic reversals to the upside.
Will these be final “corrective” lows followed by the resumption of long-term bull markets?
In this video we look at the balance sheet of bullish [...]
13. July 2009
In recapping this last week, the trade was overall perfect in terms of how things have been progressing. In terms of our positions on short positions in the S&P 500, we broke to new lows. We’re short from 917.20 with stops at 929.80, but I do anticipate lowering those stops.
One hundred and fifty percent long [...]
6. July 2009
I believe the markets have given us decisive confirmation of our projection that we would experience major corrections in a bull market in the Stock Market. I want to go over some very critical technical points that need to be made with regard to these markets. One of the things that we’ve said in leading [...]
Continue reading...5. July 2009
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The probability our projection for severe corrections in the S&P 500 and August Crude Oil off the landmark June 11th highs is correct, increased dramatically with Thursday’s dramatic sell-offs.
This is as it should be based upon our 7 historic precedents since 1886. However, [...]
9. June 2010
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