Hi W.B., I just want to let you know that I'm really enjoying your (profitable) advice everyday, and wish this to continue indefinitely for long time to come. But I know this might not be realistic, and I can fully understand and accept if you're going to charge a fee for your service someday. May I know what's your plan for your blog service? Thanks.
Dear WB, I agree with the previous poster. Your market timing calls are by far the most accurate of all the market timing services. I found you through TimerTrac.com which lists your service as #1 in performance year to date. I also like the fact that you provide regular updates and commentaries on the state of the market. Other services only send you an email when the signal changes. I would gladly pay for your service. I'm wondering what your plans are for the service also. I would like the service to continue. You mentioned you're not at your computer. What happened? Did your computer break down? Do you need any help in building your website? I'm a compuer programmer and would be willing to help. Gary
I have only 1 name here, EqtTrdr. I've been in the marketing industry for decades. If I was marketing a service, this would not be the way to do it. I am not selling a service, but I'll take your check and donate it to charity. What you dont' see here are the posts that magna, the moderator, deleted. Those posts of ours were alerts that I had updated the Timing Market Turns blog. He/she deleted them because I have a Google Adwords block (revenues go to charity)at the blog. As insignificant as they are, the ads are viewed as competiton with ads here. It is not my site and I don't make the rules but I can follow them. My attempt to put up a web page that contains a form to sign up for an email alert for blog updates has gotten more complex than is worth the time to explain. The email list will allow me to send out 1 alert instead of several at the time of update. I'll pay for the email service/software/domain/website costs - but I'll take your contribution! Does that clear up some skeptical impressions? Don't forget to put a few quid in the plate when it comes around. Good Trading and God bless W. B. Busin
Gary, bgp and cwijaya Thank you for those nice thoughts, and you are welcome. Gary, thank you for that offer. Some time in the future I'll tell the story - when I can jest about it. As to plans for the timing signal, I will likely use the website for charts and other things that might help an investor or trader. TimerTrac is useful for us. It gives us an assumption of accountability to our actions. We have not participated in the broadcast posting because we can't handle the spam and questions as they pile in each day. So we have had to select our tasked actions to relieve what has become more than we expected! The website will possibly give us a central place to post, but we won't stop posting to places like this. The looming market decline is likely to catch many investors and traders at their most bullish position in the markets since 2000. We hope to warn as many as possible to preserve capital and any profits as 2006 becomes a downward market correction. But for the much longer view, I remain bullish on the markets, economies and governments of democracies. Yes, I believe we are in a bull market that is still young - a bullock, if you will. I have lived too long and seen too much to believe that we are headed to the rubbish heap of history (but I do like it when all around me can only think ill of all things - because it's usually a structural low). The site should be up soon. If allowed, we can discuss some items here when the occasion arises. Good Trading and God bless W. B. Busin
EqtTrdr, You may find this article interesting. It was posted here and on other sites around the web. You can search for it if you doubt the date. <b>Timing Market Turns - 2006: A Brief History of the U.S. Stock Markets Through April 2006</b> By W. B. Busin Monday, January 9, 2006 Most of 2006 will be a downward tilting year, as will much of 2007. Forward looking into any new year can be dicey for an investor or trader. We see several significant changes coming. We hope this small effort at determining dates for Major Market Turns helps you to plan for these events by building expectations in your mind of potential changes. Below, we proffer our opinion of the coming Market Turns. For those awaiting the next big crash, your patience and hopes will be tried and crushed. For those expecting a glorious race to new all time highs throughout all the broad indexes, your exhilaration will be tempered by a sharp reversal from new all time highs in the Dow Jones 30 Industrials and the New York Stock Exchange Index (already at new highs). The Standard & Poorâs 500 Index will not make it to a new all time high this year. The Nasdaq Composite Index and the Nasdaq 100 Index will soon end their modest upward move. Since the lows in October 2002, the broad market indexes have rallied relentlessly for most of these 39 months. This upward move will soon end. These first months of 2006, we believe investors should be unwinding positions, taking profits and going to cash or to interest rate sensitive models. We assume most investors wonât be shorting stocks or indexes. Perhaps investors will use the various inverse mutual funds that allow for gains in this coming correction beginning soon. Index and stock traders are sure to have an abundant year of opportunities for making huge profits from the volatile swings we foresee. Yes, volatility swings will be byword for 2006, as are most market corrections. Letâs begin with a caveat or what some people will wonder about, âwhere we are coming from.â Long term, we are bullish on the U.S. markets, the indomitable U.S. economy, and the American people. As many of our readers know, the dates and times (intraday) that our proprietary algorithms yield are independent of our bias for what these dates will manifest, a low or a high. Our view that October 21st and/or October 24th would mark the low to buy did come true even though it wasnât the exact low, which occurred on October 12th. Those familiar with market structures ending like that, such as Elliott Wave Theory, will understand a bit better (though we arenât wave theorists). We expect similar endings for indexes this spring. That is, some will make new highs and reverse from there while others will fail to make final highs. Those failures to surpass recent highs are ideal locus points for exiting bullish positions and establishing a bearish stance. Essentially, these are the safest places in time to sell short the indexes. The dates to watch are as follows: January 23, March 13 and April 11. More swing dates are interspersed between those, but have not risen through the rigorous algorithms to show themselves as significant enough to mention yet. Our bias, at this time, for what these dates should manifest shows the final high on April 11th as the high to sell. The January 23rd date should mark the end of a move. Our view is that it will be a high, IF a minor time locus date, Wednesday, January 11th, strikes a low of a fast correction beginning today, Monday, January 9th. {Update- 01/18/2006 - January 23 will be a low since the turn on Wednesday, the 11th, was a high.} On the other hand, if the indexes continue their upward move into Wednesday and Thursday, then we would change our bias to the January 23rd date to arrive as a low. This dateâs result further colours our bias for the March 13th date, even though we tentatively expect it to be a high. We will update as time passes on the sites listed below.