Here is why the market will tank.. huge divergence

I would wait until the new year to short the board indexes. I can see both January and February being big time down months as the fed raises rates and energy prices go up. I think we could see ES around 1180 or so down from December's peak of 1245.

 

Both of your scenarios are possible
I'd just like to see the rally last till Jan

 

Important cycle will be completed around 12-20-05, that is why there is no clear direction. If price is to be significantly higher, 107 must be touched within a week, if not, strength is not there .

 

what cycle you referring to? some type of astro cycle?

 

classic...

 

Just hit 107. Fading volume on a Friday (what else is new?).

Does anyone smell a pull-back?

Mike

 

No astro for me. I have my own methods how to determine cycles completion

 

Well, we got 107 so strength is here. shorter cycle will be completed on 11-23 or 11-25 where there is a conjunction point of several cycle methods.