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« Post Election Dow | Main | Yves Makes A Bold Gold Call »

Sunday, January 27, 2013

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Adidas Porsche Design S2

Maybe you have never really understand my existence.

Adidas Porsche Design S2

Maybe you have never really understand my existence.

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Todd Whitman

Yelnick, 2009 is the MAJOR Supercycle low Prechter should have been looking for.

Check out how bullish this article is...

http://www.businessinsider.com/fidelity-stock-market-super-cycles-2013-1

yelnick


Todd, yes,  but the other sideways markets ended on a low or triangle end (1949) not on a high! You'd have to believe 2009 was the cycle low. It came a bit early then in time (1966-82 = 16 yrs, 1929-49= 20 yrs).  If 2009 is the low, like 1932, expect continued sideways until 2017-2020). 

Kurt Osis

AAPL is approaching support at 400, which is 50% of the move since 2009. Since there really isn't any divergence yet on a monthly chart, the possibility of a triangle fourth should be considered, in which case the buying opportunity won't be until next year..

Virgil

So far the drop has been a measured move down with the second leg equaling the first in price & time. It's channeling down pretty nicely. There is RSI & EWO divergence. I think you still have to consider that this drop may be a corrective zigzag.
It's not unreasonable to think the gap down a couple weeks ago was the third wave of the second leg. Figure that it could climb halfway up that gap or so then drop for the 5th wave. If 5 = 1, then your 400 does look like a good stopping point just at the lower trendline, ending later this month/early Mar.

Hockthefarm

I thought the Financial Forcast and STU that came out Friday were excellent.
Agree totally with the alt count on the Dow daily. Can't see us kissing the bottom trend line again before we head back up, but 3 to 5 percent looks reasonable to me.
Probably a little more on the ndx so aapl could hit Virgil's 400.

Hock

Hockthefarm

This is so funny and so sad at the same time. Kudos to Maher for making a complete idiot out of this guy:

http://slopeofhope.com/2013/02/do-the-humpty-trump.html

What I'd like to know is how much money the Donald has borrowed from tax payers under the guise of "bank loans". We all know by now how responsible banks are for their loan book.

Hock

Hockthefarm

From Hussman's weekly:

"As a sign of how warped this celebration has become, Gordon Chang appeared on CNBC on Friday, noting the troubling difference between exports reported by China to other countries and imports reported by other countries from China, as well as the inconsistency between low cargo numbers and high reported export numbers. In response, the CNBC anchor said – and I am not making this up – “You know Gordon, I agree with you, but let me take a different tact on this, alright? Let’s say you believe that China is making up the numbers. But if the stock market there keeps going up because of it, and you believe the government will keep priming the numbers, isn’t that sort of a reason to bet on the Chinese stock market?”"

So.....
Picture yourself in a boat on a river
With tangerine trees and marshmallow skies
Somebody calls you, you answer quite slowly
The girl with kaleidoscope eyes.

On the plus side, someone is finally refering to real estate over the last 30 years as a fad.

Hock

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