Friday, December 2, 2011

Stock Markets Time Cycles Update

I commence with my gratitude to The Creator
Stock Market Forecast Update 12-02-11

Someone sent me an email, inquiring that if my prediction of CIT for 12/01and time cycle to create reversal was valid.

I replied if time cycle is strong, then markets would not be able to close higher than the prices of the time cycles date. (although sometimes, time cycles have (+/-1) variation). However, most of my time cycles are usually exact on the day of change. Therefore, what is important, ...... is the "close of the day prices".

Unless the markets gap up on 12/5, my forecast shall remain valid until the next CIT date.

Prudent trading strategy, selling short or going long inverse ETF or puts with stops just above the today's high

No comments: