Saturday, May 22, 2010

Cycles and Aget thoughts

With volatility so high expect targets to be exceeded.
Not sure the Wave 3 down is done MOB suggests spx 1017 or less I have 26th as a target low.
I think one more thud low before we turn up to get shorter.
But just in case wave 4 targets are projected as of today. 5-21-10 close
I will be traveling for weeks so no updates probably.
In time  we are coming off 48solid TD rally we have just dropped 16TD so expect this 1/2 to 1/3 done. But this is not a timing, but trend following.
Again the chart follows the spread sheet, but the spread sheet offers a cut dry view.