It is pure speculation, but we had noticed how similar the Dow chart (May to present) is to the 66-82 period. It doesn't prove anything, but it seems to relate in terms of time as one month to one year. So if it continues to track, then 82-87 would be equivalent to November-March. It would be pretty amazing if it worked out that way.
Susan,
When it comes to the market NOTHING surprises me, nor I discount it as "non-important". I have learned to pay attention to things that although at first look may not seem to be relevant, many times they prove to be VERY relevant.
I have devised (slowly), my own methodology and my primary indicators, so far, I can say that for the last 2 years (including the current one), they have been profitable. I have also learned that at times, they work less than other times. In short, I play defensively, as if the entire world is against me (it helps that I am paranoic by birth and suspicious of my own shadow -g-).
So your opinion caught my eye and I now I am listening and simply I wanted to make sure I understood what you had stated. If it works... then at some point it may show such tendency... if it does not... well simply it was a false alarm and that is the end.
I know I have left a lot of money "on the table", but I rather do that than get caught in a bad [market] position. I like to hoard cash at times and wait for those psychotic market sell-offs, they give me the opportunity to open a position on more favorable terms, hence reducing risk. (which I believe it to be the most important part of this game.) Thanks for your reply. |
