Wednesday, December 31, 2008
End of year
Plunge year...year of living dangerously...You can't handle the truth! All I can say is good riddance. As for the markets , Time and Price are starting to come together. Apr will bring 540 degrees from the Oct 07 high and should bring a turning point high or low as 540 is a complete cube. I believe we are in a great Bear started in 2000 and while 2007 was a test of the high we probably have 6 to 7 more years to go.
888 was the breakout, lets see if we can get any follow through. My GS target of 98 is 540 degrees.
Monday, December 29, 2008
Monday, December 22, 2008
Week
Gang as Is tated last week I would not be surprised if the weekly swing chart turns down this week and trys to find a low quickly. We need to hold the 820 level for the bullish case to stay in tact. I suspect that we will get whipped around this week as it is thin and short. A trade above last weeks high especially staying above 896 puts us on path to 920 and a set up to finally turn up the monthly swing chart at whatever this weeks high does. Try to be nimble this week. Energy is shaping up for a big rally IMO. We will let the market talk, as I have stated Gann said look to the weekly for direction. Hit'em Hard!
Friday, December 19, 2008
Wednesday, December 17, 2008
Friday, December 12, 2008
Thursday, December 11, 2008
Wednesday, December 10, 2008
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