I’m struggling to find a different way to say the same thing again… Ah, the hell with it. The 10-12 month cycle projection is...
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Bernanke’s testimony to the House last week and to the Senate yesterday held no surprises. Ben has promised to maintain monetary policy at DEFCON 4 levels for as far into the future as we can see.
The prepared remarks were identical for both present...
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ECRI Recession Call: Growth Index Virtually Unchanged For 7 Weeks
by: Doug Short January 2, 2012
The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) posted -7.6 in its latest reading, data through Dece...
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Commodity expert Dennis Gartman certainly struck a nerve in the financial community as word hit the street of his call on gold in the latest Gartman Letter (subscription required). Here is the gist, as reported by Bloomberg:
"Since the early autumn h...
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Barring an immediate and dramatic decline, cycle screening measures have sent a major trend bullish confirmation signal.
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On Tuesday, my readers and I were pretty much all alone, looking for a top. How things can change in a day! All the sudden, the masses seem to be waking up from the drunken euphoria of Wave (2) and realizing the world doesn't lo...
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Nobody ever said picking tops was easy (or if they did, they need a stern talking-to).
Yesterday, I discussed the fact that the Nasdaq 100 (NDX) had previously gapped directly into my target zone, and that the bears neede...
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It appears highly likely that the Wave Minor (1) decline ended today at 1074. From here, I expect a large counter-trend rally, which will ultimately become Wave Minor (2). My preliminary target for Minor (2) is 1265, but as the wa...
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With the new low today, the market has finally fulfilled the move we've been expecting since early August. We now have confirmation that a new bear market is in place -- although this has been our opinion all along. It i...
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09/02/2011
Bear Market Rules Apply
by Carl Swenlin
It is a concept that we stress on a periodic basis, and we got another illustration this week. Technical indicators must be interpreted within the context of the overall market trend.
(This is an ex...
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It's official: The housing crisis that began in 2006 and has recently entered a double dip is now worse than the Great Depression.
Prices have fallen some 33 percent since the market began its collapse, greater than the 31 percent fall that began i...
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The market gave more confirmation of a short term cycle up phase on Friday.
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VXO hit new low since June 07 today on April 20 2011
US dollar is testing crisis lows of 09
One indicator would imply all is well, while the other implies we are in deep crisis. Sweet. (And FWIW, Bank index BKX is red YTD and totally spooking me as...
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Earlier discussion on secure forum:
Posted: 20 Sep 2010 01:13 pm Post subject: Recession over in 2009
Yogibear101
--------------------------------------------------------------------------------
...it's about over for the 80,000 brokers an...
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Cycle based stock screening data weakened in 8 of the 9 measures and was unchanged in the ninth. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a...
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The market finally gave a little ground amid initial signs of an intermediate top. Confirmation signals often come too late to enter a trade. This is where taking risk and managing risk come in. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty...
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Cycle based stock screening data was mixed, with a slight tilt to the plus side on Friday. The most important change was that 6 month cycle status now has a majority on the buy side, confirmation of an up phase in that cycle. Click here to download complete report in pdf format (Professional Edition...
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The extension of the rally triggered further confirmation of a significant upturn of intermediate duration. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s...
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SPX Update: Crash Wave Ready; Confirmation Still Pending
There's been no material change in the counts since yesterday's update, however, I have narrowed down some possibilities for the current retracement rally. (If you're new to the discussion, or to Elliott Wave Theory, it would&nbs...
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