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Strategies & Market Trends : Longer-Term Market Trends

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J_K
To: Fintas who wrote (2438)6/25/2013 1:14:40 PM
From: POKERSAM1 Recommendation  Read Replies (2) of 3209
 
Fintas -- That could happen but, then again, it could be that when you see 1300's fail you may reconsider my doom and gloom numbers and decide they are doable.
At any rate, we agree the Intermediate term journey is down from here.
1200 is my target for cycle wave I. Watch for five down and three up as we travel the distance. Then we bounce in cycle wave II to retrace 50-60% of the decline from 1687.

We agree this is a bear move so "sell the rip" is in force.

Good Trades
POKERSAM
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