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Strategies & Market Trends : Longer-Term Market Trends

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From: Fintas11/13/2014 7:50:46 PM
1 Recommendation

Recommended By
toccodolce

   of 3209
 
HUMBLE's site doesn't allow RECOMMENDS.

BUT IF IT did.. I'd be willing to give him a BIG recommend for this post.

SO HUMBLE if you read this or another passes it to you.. IT's a BIG COMPLEMENT.

Now for those who want to live in the land of the blind. Be my guest. And I'm sure I'll be reading you MYTH on Humbles board mocking him.. Hey why don't you and your adopted dad go to his board and play ping pong re his work..Oh that's ride Don's been banned.. CHIT so have you.

Here's the BOTTOM LINE re UZE TWO funny guys.

Humble not only puts up this work but supports it with a rational thought process.. Unlike those who love to mock and call others stupid because they do not have the skill to support/debate, and articulate their view without name calling.

Regardless..

I agree with ALL of HUMBLES numbers down..

And RUH ROO....and that means 200 SPX points down is coming.

Thanks HUMBLE for this good post. FINTAS


From: humble111/13/2014 7:25:34 PM
of 16614
* well, I got the touch of my megaphone upper trend line and a slap back. the decline from here should be pretty steady, on the daily, IF a touch of the lower line is in play (as I surmise). 1738 on the 12/19 close would be sweet and the next stop.

* note: i do use the lindsay counts more loosely than some might agree to. if you read carlson's book with many, many examples from lindsay's letters, you will see that lindsay, himself, was flexible (let's say).

* i suspect we are in a "subnormal basic decline" which will end on astrodate 3/5/15 at spx 1647 (the 10/9/13 low), a lower trend line touch on that date. that is not quite a 20% correction, so never declared a bear market.

* there is a much more dangerous scenario possible, a much quicker decline on the daily to a much lower number, but i don't need to post that until more info comes in. the future is not fixed, imho, so we must look at daily clues.

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