When the books have been written on 2009, the prevailing story will undoubtedly be one of lost opportunity. Countless numbers of investors caught up in the tangled web of pessimistic headlines failed to pull the trigger on what is turning out to be one of the best ... Read More
Tag: www.timeandcycles.com
28
Jul2009
The weekly SPX closed on its Highs last week. It has double Channel Resistance at 985 SPX. An Inverse H&S Bottom was triggered with the move above 960 SPX and suggests much higher prices. The regular 35 week cycle was due in the past week. We should be close to ... Read More
July 28, 2009chanakya
19
Jul2009
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
July 19, 2009chanakya
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
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