ETF SWING & DAY TRADING

[SyndicateTwo]

Yeah, the twins are a handfull. Now 3 months old and starting to get fun.


Anyway, I've been doing a lot of cycle work (learning it that is) and I've been amazed at how accurate it is. The 20 and 40 week cycles are the keys to making money.

I think the fed is screwed here and has to say something to calm the markets. That just will magically coincide with our current market situation (40 week cycle low) and could cause a bounce.

But what's even more interesting is that when you get a big move down on one cycle, the next one is usually muted in its decline. I guess all the selling pressure is absorbed. So, we have a 4 year cycle low coming this Oct (Aug through Oct) and combining that with the 20 week cycle low at the same time, it has the potential to be a monster. But with the ferocity of the current decline, we might actually see the Fall decline not so bad. So, we might have already seen the worst of the selling for the year. Don't get me wrong - we still might have some downside, but it might not be from here.