Berney,
No, the end of the world is NOT near.
Yes, I have made vast sums of money via E-wave.
No, I'm not calling for the end of Wave 5, and even if i were, i wouldn't be getting tired of it yet.
With that said, we will experience a sharp pullback in the next 2 weeks, but it may not begin until later on this week. The pullback MUST take the Dow below 9380 before it ends, but we could visit as high as 10,070 to 10,092 during the first few days of this week before the drop occurs.
When that pullback below 9380 (but no lower than 8000) concludes, it will mark one of the greates long entry points of all time, as I expect the Dow will probably double from there during the next year, and probably double again during the next 3-5 years.
The DOW may travel as high as 54,000 during the next decade, but i will work diligently to pinpoint a more precise number between now and then. The eventual final high may be close to or substantially under 54,000. That of course will be effected by alot of things, not the least of which will be whether this country is intelligent enough to elect a Republican President and preserve the Republican Majority in Congress.
Thanks for your prodding, as it motivated me to reexamine my work and draw more accurate conclusions.
Regards,
David |
