• 1,031 days Will The ECB Continue To Hike Rates?
  • 1,031 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,033 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,433 days Could Crypto Overtake Traditional Investment?
  • 1,437 days Americans Still Quitting Jobs At Record Pace
  • 1,439 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,442 days Is The Dollar Too Strong?
  • 1,443 days Big Tech Disappoints Investors on Earnings Calls
  • 1,444 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,445 days China Is Quietly Trying To Distance Itself From Russia
  • 1,446 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,450 days Crypto Investors Won Big In 2021
  • 1,450 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,451 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,453 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,453 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,457 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,457 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,457 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,460 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

  1. Home
  2. Markets
  3. Other

The End of the Line

Bears, if there are any of you left, it is now your time! It may not feel like it, but it is. By late this year I expect the S&P to be hit between 875 to 950. By 2015, it should hit at least 500. Today we will end the rally from March 09, which I believe was a wave 2 correction of the drop from October 2007. Wave 3 starts this Monday, 3/19. As you probably know, wave 3's are the strongest impulse waves. This one will be no exception. Wave 1 of 3 will end on 4/16, I think around the 200 day moving average, around 1260. Then a wave 2 (of 3) rally which I think will only retrace 50% of the first down move. Wave 2 (of 3) will end on May 13. Then wave 3 of 3 will begin. It will last until mid September. It will be one for the record books! This will be a lifetime opportunity on the short side. Again my target is around 900. The dates I have given which are exact (except for September which is approximate) are based on a special system of astrology which takes into consideration the Vedic (Indian) and Western systems of astrology. Unlike most analysts who hedge their bets (and therefore can never be wrong) I am not doing that.

 

Back to homepage

Leave a comment

Leave a comment