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Strategies & Market Trends : Beat The Street With SI Traders

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heinz44

marcos

To: 3bar who wrote (176424)	11/27/2015 7:49:53 AM
From: John Pitera	2 Recommendations Read Replies (2) of 233801

Hi 3 Bar, My experience says that we have an easy 30% downside... more likely 50% over the coming 10 months.............. Now rememeber a key caveat of any bear market is that their are very sharp upward retracements..... especially in the first 3rd of a bear market.... that makes it seem that not much bearish action has actually occurred... Please read the MA values on on the 9 and 45 ema period Moving averages.... we have just started to cross down and ..... since we longer time frames with Monthly charts and so montly charts can take a long time to play out... we could very possibly come back in early January exactly where we are today. and at that point...... those with a bullish outlook could and would say ...total garbage since nothing has happened in 6 weeks over the holidays. By March and April.... I would anticipate that we are in a global recession.... that is in the news..... that coupled with the expansion of the War Cycle......... John

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