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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.

 

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