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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 (92874)6/13/2011 9:59:13 PM
From: Fiscally Conservative  Read Replies (1) | Respond to of 94695
 
This is exactly what I'm expecting. All indexes will run as well Gold and Silver. The disconnect will be with the Rus 2K trying to take out the high and failing. The S&P should take new highs and then have a steep collapse in the Fall where everything will deflate into a confirmed 'Double Dip'.

Whatever happens it will be interesting.



To: William H Huebl who wrote (92874)6/14/2011 12:24:21 AM
From: Vitas  Read Replies (1) | Respond to of 94695
 
There are differences in the "count" of "waves" (not Elliott related) in storsi vs mcclellan vs 10day ema of ad and udv. Something is not quite matching up properly to the point where it makes sense just yet, to me.

NDX and COMP touched their 200 day sma today. There are quite specific trendlines from March 2009 which are just below today's close on NYA and SPX that are very near the 200 day sma on both.