bobby, triple titantic, hindenberg, triple declining summation slammation, MAJOR failure of the weekly summation, just like 1957,
where there were two 4 year cycle bottoms - we are eventually
going to retrace half of the bull markets gains from 1994.
Dow 6800.
Once the a-d line cracks, most likely tomorrow, LONG IS WRONG.
The only question is if we do the 55 day slam or a stairstep where the
market just steadily declines - down 10% (from here in one month, down 20% in three, etc. Take a look at the 1957 decline that started in July 1957.
So far the pattern of this decline that started on January 8th looks
just like a 55 day pattern slammation. I've got my tickets to ride, and I'm going to ride them. This may be a once in a lifetime short opportunity.
We are at trading day 38 today from the a-d line peak January 6th.
The 1987 crash culminated on trading day 42. 1994 March slam
ended on trading day 42. September 92 mini slam ended on trading day 44.
If that a-d line breaks tomorrow, the party is completely over.
Vitas |
