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May 5, 10 update
As I discussed briefly this week-end because Panics are quite rare, we do have some Panic signatures into
May 11th, and the geo-political picture did develop into a possible climax with the vote on May 7th by
Germany, so be aware that event risk could escalate into May 11th and continue into the Full Moon of May 27th.
January 15, 10 update
New Moons are statistical highs and the blue Tick line and red StochRSI line are already turning down giving us a medium risk
New Moon short trade near SPX 1140-1150 with a stop near 1155 to start and keep the stop 5-10 pts above the lowest SPX level
since the New Moon. (entered twice at 1148 and 1149 and closed at 1090 for a 5% profit).
December 31, 09 update
The SPX has been making highs and lows in the first week of the month since the March 6th low and since the indicators are
mixed to overbought, we may head higher one more time in early January before we actually break the rising wedge pattern
and decline into February.
December 11, 09 update
Almost all indicators are now trending in a bullish way after the red Trin line made another high last week suggesting a move
higher that should take us to the 50% level near 1121 and even a bit higher to meet the rising triangle line near 1130 by the
end of December... The US Dollar is near support at 74 and acting a lot like in December 1991 where it rallied for a few months
before turning down to make new lows and we should see the dollar rally into the first quarter of 2010.