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Strategies & Market Trends : Peabody Coal vanguard retirement forum
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From: MACD X11/15/2008 9:41:35 PM
   of 75
 
11 14 08 mid week update

stockcharts.com

the link above as always are the funds that are available to use and I have done some adjustments to the charts lately.

I have added time lines, this are the blue lines that run vertically on the charts, notice that every chart has them.

What they are is time lines, or time cycles. Notice when looking at the charts that many of the lines of the past where reversal points of the market.

Notice also that many of the charts have blue lines just now appearing and a reversal sould be coming in this area if past performance is any clue to what will happen in the futute.

We are in a down trend and nothing is for certain. Being invested in stocks in a down turn is risky buisness but you cant make money in the market if you arent exposed to some risk.

So far I have keep you out of harms way and you are ahead of most if not all of your friends. I still believe you are better off in the market at this time that not to be in thou we are in a down turn.

Markets down go straight up or down and we have went almost straight down, this simple just doesnt happen and the baby has been thrown out with the bath water. A counter trend rally is due NOW,

The cycles line on the charts says so. This doesnt mean that ther market has to reverse but I think it is likely that it will. My money is bet on the up turn.
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