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Strategies & Market Trends : Longer-Term Market Trends

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To: MythMan who wrote (3164)7/13/2016 10:15:43 AM
From: Rarebird  Read Replies (1) of 3209
 
Honestly, when you first proposed S&P 2500, I thought you were just fooling around, playing, joking, having some fun. But the joke has now turned into a high degree of probability of coming true. The A/D ratio over the last 10 trading sessions is 2.18. Whenever that ratio has hit 2 or above over a 10 day period, the average gain of the Dow is 20.20% over the ensuing 12 months. This has occurred 13 times since 1949. And I got the signal yesterday. So, I would say your call of 2500 being hit on the S&P before 1458 is very high.

Be careful. You are headed to guru status.
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