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Strategies & Market Trends : Technical Analysis With Charts
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From: MACD X11/22/2008 12:36:43 PM
   of 6865
 
my advice to long term investors

Subject 57274

I have another site that deals with long term investing set up for the friends that I work with.

It is set up for me really so that I can track the funds that I deal with where I work.

I have missed most of the disaster but have been in for the last few weeks.

The posts on the site show that I entered into bonds on 11 10 07 and stayed there until Oct 15th area at which time entered into the market.

The charts that are available are on the site and show downchannel lines on each chart alone with support and resistance lines and time cycle lines.

I may be a little too early but any way it goes I sould be about 40% ahead of the buy and holders.

If it is a major 1929 type crash I will take the hit. But I think with the plunge protection team at hand this time that is unlikely to occur.

Also with the markets down 40% or more for the year I think it highly unlikely that the market will allow this to happened by the end of the years.

I look at the markets like they are rigged, (because they are) and if people get the year end report that they have lost 50% in one year it will set off a massive sell off. The people that control the markets know this and will not likely have it happen.

My thoughts and advice is that now is a good time to be in the market and the likely hood of a 20% rally in Dec. is very possible, Merry Christmas.
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