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Re: getmenews post# 6332

Friday, 03/08/2013 1:53:11 PM

Friday, March 08, 2013 1:53:11 PM

Post# of 37921
Cycles do work, but better to watch short term indicators, when they flash sell.

Options: Still on buy signal

Trin: Back on buy signal

moving averages: solid buy signals

Advance decline numbers: solid buy signals, but getting overbought.

Pattern: cant get much more bullish

seasonality: bullish until end of april, but could top out soon, and then go sideways.

Bottom line: Be ready to short the first rally after the next 5 to 7% correction, especially if the rally is volatile. Then you will make big money. I agree, likely drop next week, but how big?
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