Thursday, November 13, 2014 3:10:00 PM
Hi rab120,
That is not my precise outlook, as in my view we can top out at anytime here. The $SPX has by many measures reached its 9 year cyclic target (9 yr FLD). I posted in the comments section a revised target that has already been met using shorter cycle periods.
http://hurstcycles.com/spx-9-year-fld-target-of-2150/#sthash.HPLpAb4E.dpbs
As for buying here, I can't do it. I am just waiting for a top to transpire.
Hope that helps.
cheers,
john
That is not my precise outlook, as in my view we can top out at anytime here. The $SPX has by many measures reached its 9 year cyclic target (9 yr FLD). I posted in the comments section a revised target that has already been met using shorter cycle periods.
http://hurstcycles.com/spx-9-year-fld-target-of-2150/#sthash.HPLpAb4E.dpbs
As for buying here, I can't do it. I am just waiting for a top to transpire.
Hope that helps.
cheers,
john
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