Tuesday, May 25, 2010
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The information contained on this website and from any communication related to the author's blog is for informational purposes only. The analysis and commentary do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading or investment strategy. The materials on this website do not constitute an offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.
3 comments:
Can you elaborate more on your cycle analysis ? Thanks, Jammy.
Most major corrections in an uptrend last 36 to 42 calendar days. Most minor corrections in an uptrend are a harmonic of that, or 50% of that, which is 18 to 21 calendar days. With the peak of the market on April 26, adding 36 to 42 calendar days is June 1 to June 7.
jim rogers said most people are wrong most of the time. but maybe he's wrong. but if he's right then i'm probably wrong. i'd rather be long then wrong.
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