Saturday, March 06, 2010

MY WEEKLY SPX CHART AND COMMENTS


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2 comments:

Anonymous said...

Terry Laundry has been posting that the stock bull market will run until August and then zig zag down for about 3 years.

I didn't buy into his outlook last year however, he has been very accurate and is looking more and more like a person that may be correct in his analysis.

http://ttheory.typepad.com/

On the other side of the coin I shake my head at at the Elliot Wavers over at http://caldaroew.spaces.live.com/

They are now turning bullish after being totally bearish for the last year and losing a lot of money. Reading the blog once a week you can sense the frustraion and dismay of participants.

How has Lowry been holding up? I may bite the bullet and just pay the money. They seem to have a strong ability to get on and stay on the right side of the stock market.

I have sat the last couple of years out just watching the action. Treading water can be theraputic.

7:58 AM
Marc R said...

LOwry's has been fantastic! Best $1,200 I could spend....not cheap but yes I think they've done a nice job telling it like it is, NO EMOTION...isn't that what we need.
I am aware of Laundry, have read in the past. EWT is mostly hokus pocus IMHO, hard to trade with..not so reliable....I like the tried and true.

Now's the time to look back and see what indicators did a good job. I use a combination of sentiment and price in one that did noce job showing the March bottom....need comfirmation several sources.

If DOW Chemical was $5 do you even need ta? Buying in the midst of a shitstorm never easy.

I'm still going to use commentary but plan on offering MORE charts...nice comment.

D

7:06 AM

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