Monday, October 19, 2009

A PREDICTION OF HOTTO

I've discussed the 2003 Bull market Leg several times since May, 2009. It's helped with some Timing and Direction. Most recent was the "Slam Down" decline in late Sept - just before start of Earnings Season. In 2003, the corresponding Slam down decline - ended on 9/30/03 - a Tuesday. The rally after that - went up to a Gap -Up Open on Wed, 10/15/03 - during Options Expiration Week in Oct. 2003. The big Averages ended down that day - and the next 2 days -- into Options Expiration day on 10/17/03 . Then came a bounce on Monday - after Options Expiration Friday-- then down for the rest of the week - to Friday, 10/24/03. Then came another bounce - from about sma50 -- back to UBB early November, 2003-- Then one more decline -- to Just before Thanksgiving Week, 2003. From Thanksgiving Week, 2003 to January 2004 was another Monster runup-- just as the Bears were all sure we had seen "The Final Top" in Oct / Nov. We were there. : ) I remember some urgent Sell signals came out that weekend before Thanksgiving Week in 2003. It was really sweet - to be among very few who got that one right : ) May we be so lucky again in 2009 : )

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