There is cycles in the data, and the Wall and Kitchin cycle do matter. Time to review.
A double swing down with the 1/3 Kitchin and Wall cycle will be hard for the market to hold off. Talk of the December taper will be blamed, but in truth buyers have dried up at all time highs, volume is low and folks need volatility to make money, therefore a down swing has high odds into XMAS!
Know how to swing!
Investing Quote...
"Losing money is the least of my troubles. A loss never troubles me after I take it. I forget it overnight. But being wrong - not taking the loss - that is what does the damage to the pocket book and to the soul." ~ Jesse Livermore
"Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway" ~ Warren Buffett
