Monday, May 6, 2013

6 month evaluation





























Without minimizing our erroneous revision (red) on April 26 of our original prediction (dotted black), the market did reach our target of 1,620 on the $SPX as predicted from last November's low as well as the March 2009 low and advocated on this blog for several months now. The actual target range reaches as high as 1,626.

If our original prediction is in fact correct, then we should see the anticipated 5% + pull-back. If not, we are in an extension.

Let's see what happens.


This blog shall not be perceived as investment advice. This is a personal diary of our thoughts on the markets. Consult a professional broker or adviser before investing.  Any opinions, news, research, analyses, prices, or other information contained on this blog are shared as personal thoughts and provided as general commentary only.

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