Jorj -
since last July, the Bradley (blue line) and Bradley dates have been working very well.
This is what you said -
then we get a sharp pullback and then move up sharply again....after that, new lows.
look at the Bradley - it shows a high around 3-28/4-2, a sharp pullback with a low around 4-11, and a ramp up thru June. Then, a drop into Sept. The chart stops there. -g-
Of course, there could be an inversion somewhere in there.
Who knows? You are asking me my predictions for the next couple of years????????? That's quite a request! -g-
So far, that Bradley looks to be tracking seasonal patterns. I have no doubt that Greenspan and the powers that be will do everything in their power to prop this thing up as long as they can.
After the negativity of the war news last night, I just can't get bullish. In fact, I'm really not bullish anyway. But if the technicals indicate that the market wants to (or is forced to) go up, I've got to keep that in mind.
Right now, at least, my cash making 2% interest lets me sleep at night - |
