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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: kidl who wrote (9332)8/31/2010 11:06:35 AM
From: Chip McVickar2 Recommendations  Read Replies (3) | Respond to of 218846
 
kidl

Although it feels like a double dip and will appear that way for the next 2-3 months... it is really a bottom being put into place... both for the stock markets and the economy.

There will be a sell-off during this period to end the last two years truck load of "JUNK"...

I'm looking for 19,000± on the Dow within the next couple of years.

I believe the present administration will successfully revitalize the small business economy during and after the coming election. Giving us a 5 - 8 year blast and then another significant problem will present itself.

Although I don't post often, GZ knows me from years back...
But knowing that is not a reason to expect to much <smile> but I am Good...

How do I arrive at this sentiment and conviction...?
>Fibronacci patterns both in time and price bars
>Vedic astro patterns
>Cycles within the 25 day cumulative average
>CLX studies made famous by Don Wolanchuk
>My own charting work using Andrew's Pitchforks and forward time projections and other technical chart "stuff"
>Fibronacci Spirals
>Gann forward time work and other "stuff"
>No Ewaves...