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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (92838)5/24/2011 10:35:43 PM
From: Fiscally Conservative  Read Replies (1) | Respond to of 94695
 
My indicators are telling me the Rus 2K topped out. That being said, my read is that the Rus 2K will make another stab at her recent highs but will fall short which will signal the end for her.
The Dow and the S&P will make a run for the 2008 top where both Indexes will make new historic 2011 highs, (although barely), which should signal the end of this Bull cycle.

Wishful thinking? Maybe...
Time will tell.

Hope you are well :)



To: William H Huebl who wrote (92838)5/25/2011 12:24:37 AM
From: Vitas  Read Replies (1) | Respond to of 94695
 
I have strong mf figures in what is an extended accumulation pattern. A somewhat similar pattern occurred in June-July, 2009, Jan-Feb, 2010, and to a lesser extent in Nov, 2010. These patterns resulted in strong upside moves. Pinpointing the day the rally starts is a bit difficult, but it should be a matter of days from here. One possibility is the conclusion of the 7 year T-Note auction Thursday, another is the day or two before the first of the month. Note: this is an experimental method that may or may not continue to work. BWDIK?