The american and european markets will start to drop again. A movement which should last at least six weeks. We recommend to leave the market if you are positioned on american or european stocks. And when the markets will be directed in a healthy way towards the rise, it will be always time to get into the train. Today, the risk of the fall is higher than the one of the rise. Technically the Dow-Jones has just made a perfect Japanese candlestick configuration called a bearish engulfing line. A configuration which practically never misleads. At the fundamental view, it seems that the United States are confronted with a problem difficult to solve quickly: the problem of the productivity! However the US productivity is still growing. And as opposed to what certain "experts think", this sign of good health appears actually the genuine brake of the economy of the United States. Quite simply because we are in a deflationary and not in an inflationary era. The US produces more with less... but the prices are dropping. And when the prices drop, the companies stop investing; which starts the process of unemployment. The American productivity will consequently draw the growth by bottom. The stocks markets will not be able to go up any more, because on the level where they arrived, they need an extremely healthy and transparent environment to continue. What is far from being the case. The consumers' confidence will decrease in the next weeks. To pass the end of year festivities with serenity, I advise to leave the stock markets. I offer free weekly trading letter www.belkhayate.com
The beauty of being a short term trader is you dont have to sweat any of that shit. I want to have a clean slate at 9:30 Monday morning. The right hand edge is my guru.
MAJOR LOW IN STOCK INDEXES NEXT WEEK On Oct. 4, I sent you an email projecting the stock index low for the year on Oct. 10. The low was made on that exact date. A comparable low is coming up in the next week or so. It should be followed by a rally equal or greater to the Oct. 10 - Dec. 2 rally. I want you to be prepared. This week's DT Stock and Futures Reports gives the time and price targets for the low. If the low is made as anticipated, I will send an update the day it is complete with the confirmation signal. The long term bear market is not over by a long shot, but the upcomming low should be followed by a 20%-30% rally in the stock indexes that should take them well above the Dec. high and complete the corrective rally that begin in Oct. late in the first quarter. This week's Dynamic Trader Stock and Futures Reports are now available at DT Reports Online. This week's reports give the specific date and price targets for the low. If you trade the stock index futures, ETFs or index mutual funds, this week's report will be extremely valuable to you. To order the current DT Stock or Futures Report, go to https://www.dynamictraders.com/PDFStore/main.asp Be prepared to start the New Year off on the right side of the market for the next major trend. Regards, Robert Miner Dynamic Traders Group, Inc.
AS A DAYTRADER, LOOKING FOR THE NEXT 3 S&P POINTS, I'D RATHER NOT KNOW WHERE THE MARKET IS GOING OVER THE NEXT SIX WEEKS I FIND EVEN WHEN CORRECT - IT VCAN BE SHORT TERM DEAD WRONG FOR MY PURPOSES AND WHAT I DON'T KNOW CANNOT EFFECT THE WAY I READ THE PRESENT SIGNALS I FIND THE INCOME ABOUT THE SAME IF THE MARKET GOES UP OR DOWN, AS IT MOVES MORE THAN 8 POINTS INTADAY. HOWEVER, AS A PASSIVE OBSERVER OF THE WORLD ECOMONY I CAN'T IMAGINE WHY IT HASN'T COLLAPSED WITH ALL THESE DEBTOR NATIONS, WHO ARE THE PROSPEROUS CREDITORS??