| To: John Pitera who wrote (51279) | 6/5/2013 1:23:18 PM |
| From: John Pitera | 1 Recommendation Read Replies (1) | Respond to of 51494 |
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Hi Fintas... AS I stated here on Sunday in May..... the peak in mass mood Euphoria and concomitant turning point was Sunday May 26th....... we had the applying pressure of 2 other cycles on Thursdays May 23rd..... as well as a very significant full moon occurring the next night and the Mars Venus Jupiter conjunction... It was a significant time turning point.
So Far..... the optimism peaked the Thursday -Friday prior to Memorial Day weekend. as I stated to TJ..... and I was all jagged out from my bitch of a trip to Chicago.......but we got our extreme in bullish psychology just prior to Memorial Day weekend.
John
As I have pointed out Art Cashin...... knows more about the financial markets than just about an one walking on the face of the earth....... -----------
| To: TobagoJack who wrote ( 100832) | 5/29/2013 11:40:06 AM | | From: John Pitera | Read Replies (1) of 100915 | | the Hi TJ, The JGB's the Japanese government notes have gone from 0.60% in yield to 0 .86% in yield in 3 days..... that would be like us rates going from 6 % to 9% in 3 days.... negative...
We made a new post secular bottom....new high in the $tnx..going fro, 2.91 to over 2.1 % in those same days.
The most accurate cycle work I have seen shows at peak in mass mood on Sunday May 26th..... and Equity markets should make; a top on JUNE 7th (that is the Bradley date... but the Bradley is simply a blended average of models......
JJP |
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