The vast majority of retail investors have “fallen asleep” on the broad market recovery since March. The sleepy character of market psychology has become even more pronounced in just the last few weeks as the market spent some time consolidating its gains. In that period of ... Read More
chanakya
19
Jul2009
The Analog has been holding up pretty well for months now, and that is surprising, because they say that as the sum total of collective knowledge of market participants approaches 1=TRUTH (from 0 = an Unknown), then it is no longer an "unknown" but a "known". Hence, theoretically it should ... Read More
July 19, 2009chanakya
13
Jul2009
Well, sometimes we tend to ignore the simplest answers that are right in front of our eyes! Analog once again beat a lot of the technical analysis out there. It had 7/10 (Friday) as the low. And if one acted on that, you were looking at 2.5%gains on SPX. Smartp ... Read More
July 13, 2009chanakya
12
Jul2009
Hi Group,
I haven't changed my forecast.
If you recall I said that we'd decline for 2 weeks to @approx 860,
well it was 2 weeks down, 1 up and another down to reach a low of 869 sitting exactly on a 1:1 from the May High
this should provide support for the next ... Read More
July 12, 2009chanakya
12
Jul2009
My Astrocast cyclical model is even more accurate and was posted here in January 08 and has been on my site for years before that. It allowed me to forecast that the Markets were making the highs of the decade back on January 4, 08.
http://astrocycle.net/Jan1_08.phpThe SPX fell even faster than ... Read More
July 12, 2009chanakya
09
Jul2009
Despite a 40% market recovery and an abatement of the credit crisis, a climate of high fear abounds among market participants. Investor sentiment polls continue to show an excess of bears over bulls as few believe that a recovery can be sustained.
If anything, fear has been ... Read More
July 9, 2009chanakya
04
Jul2009
Looking for a low on the 7th or at least a very important CIT and a lower low on 17th ,20th or21th. ((Jerry O says--Full Moon July 7th lows, 7-7=124tdL( 180 d from 1-6 major high) 7-7=144 tdL (12-8-2008H)7-7=110 tdL (1-28H)7-7=55 tdL(4-17H) +/-1 TD clusters a plenty!)) The 21st is ... Read More
July 4, 2009chanakya
03
Jul2009
Little did Greenspan know when he made his famous "Irrational Exuberance" speech at "The Annual Dinner and Francis Boyer Lecture of The American Enterprise Institute for Public Policy Research, Washington, D.C. on December 5, 1996", that the principles of Socioeconomics (as expounded by Robert Prechter) will eventually wipe this froth, and ... Read More
July 3, 2009chanakya
03
Jul2009
It has been a sideways market in SPX, with entire June contained by 45-50 point range. Well, that all is about to change in July with high volatility, and bigger swings for second half of the year on Daily Charts as well.
So, how is the Analog doing now?
Broadly speaking, it ... Read More
July 3, 2009chanakya