Following is a weekly chart of the SP500.
The first bubble is the Dot Com bubble created by easy FED monetary policies.
The second bubble is the Housing bubble created by easy FED monetary policies.
We are currently going up into the next bubble caused by easy FED monetary policies.
The higher they go the bigger the fall.
The only one Ben Bernanke is out to help is the bankers.
This market has lost its head but aside from fundamentals, what's your view on URanus/Pluto Square at the end of hte month? Would that signal a major reversal date in your opinion?
ReplyDeleteBecuase I have 27th March as a Gann turning date... indicating to me that the 25 to 27 March window might be a nasty turn for markets.
I find it unbelievable that some elliot wave guys think we are in a new secular bull market targeting 1700+ on the SP500.
The FED is making this market a joke. The purpose of the market was to provide capital to industry.
ReplyDeleteThe next Uranus / Pluto square is not exact until May 20, 2013. At the end of March there are a number of Planets that are going to transit over (translate) the square. The dates are on a previous post. The Mars pass, starting March 22 could bring big swings in the market. We could also see an increase in violence around this time and possibly a pickup in geophysical activity.
The gann turn date is the 21st isn't it spring equinox ? So that fits well with TD date
ReplyDeleteYes it is the spring equinox. Very powerful point as are all the Cardinal ingresses.
ReplyDeleteFrom square of 9 calculated from oct 4 2011 i have 27th as a turning date thats all.
ReplyDeleteI am looking at March 12 +- 2 tds as a potential turn down in market indexes and a move up in precious metals. This is based on Astros only and I like to have a market cycle confirmation which I don't at this time. The whole time period from March 19 to the end of the month has numerous potent Astro aspects. It's difficult to pick one date but it has the potential for a violent move (crash?). Always have to be careful around OPEX which is March 15, 18.
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