AI
Friday, September 03, 2010 9:58:57 PM
This is my forecast.
After considerable analyses with back testings to the beginning of this year, I have the following OEX targets: 521, 527, 548 and 557 and with 2 target dates of Oct6 and Oct28 2010. The most probable number would be 527 by Oct6. This does not mean the market will not continue to go up to 557 by Oct28. As a matter of fact, Bradley has an important turn date of Oct25.
Therefore, it means with pullbacks from time to time, the month of September, contrary to a lot of beliefs would be an up month. This will also invalidate all TTheory propositions.
This is also the start of the 8th trade from the beginning of the year, going long/short and holding till it turns. You would have made approx. 16,000 per OEX contract so far.
Coincidentally, it seems the market will be trending up till Nov election.
If you still prefer shorting, it is advisable that you watch the market closely and have fast fingers to close all short trades the same day.
2bit
After considerable analyses with back testings to the beginning of this year, I have the following OEX targets: 521, 527, 548 and 557 and with 2 target dates of Oct6 and Oct28 2010. The most probable number would be 527 by Oct6. This does not mean the market will not continue to go up to 557 by Oct28. As a matter of fact, Bradley has an important turn date of Oct25.
Therefore, it means with pullbacks from time to time, the month of September, contrary to a lot of beliefs would be an up month. This will also invalidate all TTheory propositions.
This is also the start of the 8th trade from the beginning of the year, going long/short and holding till it turns. You would have made approx. 16,000 per OEX contract so far.
Coincidentally, it seems the market will be trending up till Nov election.
If you still prefer shorting, it is advisable that you watch the market closely and have fast fingers to close all short trades the same day.
2bit
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