Based upon the precedents during the Great Depression, the leg down from January 5th into March 6th was the second shortest and the second shallowest. We have been looking at he projections of what had occurred during the Great Depression into what would have been the projected low if we were to experience a comparable [...]
Continue reading...Saturday, March 21, 2009
In the stock market, we’re observing very interesting trade. We are on the sidelines right now, in anticipation of seeing additional trade. Every time you’re on the sidelines watching the markets trade, there’s always more information forthcoming. * Please comment on the video at the bottom of the page * There’s a certain point at which the [...]
Continue reading...Thursday, March 19, 2009
The S&P 500 pushed up toward the 800 level and the probabilities favor that 665.70 is a very significant low. * Please comment on the video at the bottom of the page * Here’s what I say with regard to what has taken place this last week-and-a-half. In eight trading days, the market has retraced 50% of [...]
Continue reading...Friday, January 30, 2009
Here’s what we have in the S&P 500. I want to bring you up to date here a little bit and have a couple of observations that we’ve made before. We are definitely seeing the drama unfold. The question is, is this leg down going to follow the pattern that occurred during the great legs [...]
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Friday, March 27, 2009
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