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Post by jeffolie on Oct 10, 2013 0:05:25 GMT -6
Yellen replaces Ben on Feb 1, 2014 in 3.5 months ... expectations for dovish, easy money from Yellen exist
Stocks may rise into the traditionally strong period with a Xmas rally or even as far out as May as in 'sell in May' unless a political event triggers a shift from confident Type 1 rich consumers ... watch seasonally adjusted new vehicle sales as a bellweather indicator for only the Type 1 rich consumers.
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Post by jeffolie on Oct 10, 2013 5:22:35 GMT -6
Yellen replaces Ben on Feb 1, 2014 in 3.5 months ... expectations for dovish, easy money from Yellen exist Stocks may rise into the traditionally strong period with a Xmas rally or even as far out as May as in 'sell in May' unless a political event triggers a shift from confident Type 1 rich consumers ... watch seasonally adjusted new vehicle sales as a bellweather indicator for only the Type 1 rich consumers. +17.00 +1.03% S&P 500 Futures .. 4:18 am pre market about 2 hours
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Post by jeffolie on Oct 10, 2013 10:57:10 GMT -6
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Post by jeffolie on Oct 11, 2013 7:56:12 GMT -6
80% chance of a decline on the opening according to a technical indicator called the TRIN. Is the bounce finished? Is the market going to decline? Most 'bear market rallies' look just like this bounce: sharp up move. Markets opened with a decline If my jeffolie SWAG (Scientific Wild Ass Guess) about the Peak 2 being completed, then after sucker rallies and at least a month or more likely upto 4 months declines should become more serious...most of the dramatic big single day declines in the predicted upcoming horrible bear market most likely will not happen for 6 months or more from now.
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