The primary cycle trough is now forecast to be bewteen November 9 to November 23, 2009 and between SP500 950-1110. See the red box on the following chart.
Friday, October 30, 2009
Forecast SP500
The following diagram shows the forecast for the primary cycle low of mid-November 2009. It now appears the cycle crest was October 20, 2009.
The primary cycle trough is now forecast to be bewteen November 9 to November 23, 2009 and between SP500 950-1110. See the red box on the following chart.
The primary cycle trough is now forecast to be bewteen November 9 to November 23, 2009 and between SP500 950-1110. See the red box on the following chart.
Return on Your Money
In these difficult times it is not "the return on your money" that is important, it is "the return of your money"
I continue to look for a low in the SP500 in mid-November 2009. I also expect a rise thereafter into year and probably into 2010. I will go into detail on this cycle once the mid-November low is in place.
Next year, however, has the potential for more serious lows. The summer of 2010 in particular may be a time to protect your money, that is ensure it's return.
I continue to look for a low in the SP500 in mid-November 2009. I also expect a rise thereafter into year and probably into 2010. I will go into detail on this cycle once the mid-November low is in place.
Next year, however, has the potential for more serious lows. The summer of 2010 in particular may be a time to protect your money, that is ensure it's return.
Tuesday, October 27, 2009
Forecast SP500
To follow up on previous forecasts.
PHI and SPY October 25, 2009
We got the reversal lower. We may get a bounce in the next day or so but should be headed down. Looking for a mid-November 2009 trough. See below.
Forecast from 09/27/2009
The markets were up but kept going up past our Oct 12 date. Nevertheless it would appear we have seen the top of the primary cycle (nominal 18 week cycle) and should be headed down into mid-November 2009. We may get a bounce here shortly but still looking for mid-November for the trough. This would be approx. 18 weeks from the previous primary cycle bottom (PB) of the cycle which is in the range of 15 - 23 weeks. See chart below. The blue line running through the red Nov 9-23 line is 89 trading days time 2 from the March 6, 2009 bottom. 89 being a Fibonacci number.
PHI and SPY October 25, 2009
We got the reversal lower. We may get a bounce in the next day or so but should be headed down. Looking for a mid-November 2009 trough. See below.
Forecast from 09/27/2009
The markets were up but kept going up past our Oct 12 date. Nevertheless it would appear we have seen the top of the primary cycle (nominal 18 week cycle) and should be headed down into mid-November 2009. We may get a bounce here shortly but still looking for mid-November for the trough. This would be approx. 18 weeks from the previous primary cycle bottom (PB) of the cycle which is in the range of 15 - 23 weeks. See chart below. The blue line running through the red Nov 9-23 line is 89 trading days time 2 from the March 6, 2009 bottom. 89 being a Fibonacci number.
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