(Posted October 26, 2003: "The emotionality portrayed in recent market moves gives one pause to think that a major sell-off may be coming around the first of the year!")
I have always been interested in predicting major market direction changes and how to benefit from them with option plays. The theme here is about predicting major changes...
- what indicators may serve us to anticipate a major market trend change, and;
- how can we tell the extent of the move coming and when it will occur?
This subject may be timely as many advisors are saying "... times are changed, crashes just can't happened any more."
What support can you give to ideas pro and con and what do you suggest an investor do to protect him or herself from the unexpected.
Thanks in advance for your interest and postings... and the best of trading to you,
Bill
geocities.com
(The following are very short term signals based on a personal WealthLab script. I will update the signals when I get a chance so do not think these are real time trading signals, please): March 8, 2004 Close - DOW Direction: DOWN (Posted 3/9 12:00 PM - noon) March 3, 2004 Close - DOW Direction: UP (Posted 3/3 8:00 PM) February 23, 2004 Close - DOW Direction: DOWN (Posted 2/24 6:40 AM) February 9, 2004 Close - DOW Direction: UP (Posted 2/11 6:40 AM) January 28, 2004 Close - DOW Direction: DOWN (Posted 1/28 8:00 PM) January 19, 2004 Close - DOW Direction: UP (Posted 1/20 8:15 PM) January 13, 2004 Close - DOW Direction: DOWN (Posted 1/15 10:30 AM) November 28, 2003 Close - DOW Direction: UP (Posted 11/30) November 11, 2003 Close - DOW Direction: DOWN (Posted after close) October 30, 2003 Close - DOW Direction: UP (Posted 10/31 7 AM) October 22, 2003 Close - DOW Direction: DOWN (Posted 10/23 7 AM) October 3, 2003 Close - DOW Direction: UP (Posted 10/4) September 25, 2003 Close - DOW Direction: DOWN (Posted 9/26 at 6 AM) September 18, 2003 Close - DOW Direction: UP (Posted 9/22) September 11, 2003 Close - DOW Direction: DOWN (Posted 9/12 at 6 AM) September 2, 2003 Close - DOW Direction: UP (Posted 9/4) August 26, 2003 Close - DOW Direction: DOWN (Posted 8/26) August 11, 2003 Close - DOW Direction: UP (Posted 8/17) August 4, 2003 Close - DOW Direction: DOWN (Posted 8/6) July 23, 2003 Close - DOW Direction: UP July 21, 2003 Close - DOW Direction: DOWN |