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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 689.10

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Jan 23 4:00 PM EST

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To: Return to Sender who wrote (50798)	4/13/2014 11:36:46 PM
From: John Pitera	1 Recommendation of 69967

RtS, stockchart has more data.. Here is an SPX Quarterly chart going back to into creation in 1928. notice the RSI has rolled over from north of 70 and the 5 period Moving average is just generating a sell signal Also take special note that the Elder Impulse System is generation the famous Blue Line as we are reversing the trend from Multi Quarter up to Multi Quarter down. Just like in 2000 and 2007. We will see the SPX ultimately have a PE of 7 just like we did in 1982...... and 1974 The very wise market wizard Richard Russell there are bear markets and then their are liquidation bear markets.the 1973-1974 bear market was a liquidation bear market. but I can tell you that we look at a lot of mechanical system and when the system says to square we do and when it says buy.... it's time to buy. and I am a deep believer in asset class allocation and so their are equities, bonds, real estate, precious metals, numismatic coins. A number of great currencies. on a rolling 10 year basis Timberland...... land that you own and produces hardwood trees has a pretty consistent 18% return. John

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