Monthly Archives: September 2005

mid week observation

If the market can drop 2% between now and friday. i.e. INDU 10270 and COMPX 2188 It’ll be sufficiently oversold on my MMI and stochastics And probably with completed wave patterns in the INDU (flat) and COMPX (zigzag) If we drop 2% … Continue reading

Posted in Uncategorized | 2 Comments

cycle wave 1932 -1937 and cycle wave 2002 – 2007?

There is a striking ongoing correlation between the progression of the current bull market in the COMPX and the bull market in the INDU from 1932 – 1937. Both, mind you, initiated from super cycle lows: the INDU crash 1929 … Continue reading

Posted in Updates | 19 Comments

midweek update

I posted this on the Elite Traders board this morning: 09-20-05 11:32 AM I can count 5 waves down from the 2186 high in the COMPX: 1…21642…21723…21434…21615…2140 The rally late yesterday/today brings us right into the previous wave 4, and … Continue reading

Posted in Uncategorized | 11 Comments

Decline from 2000 – 2002 and current market

The price of Crude oil over $60/bbl, Gold over $460/oz, the national debt growing geometrically, an historical 11 consecutive interest rate hikes by the FED, terrorism and mother nature wreaking havoc across the globe, a housing boom bubble, and commodity … Continue reading

Posted in Updates | 2 Comments

weekend update

In the photos section I’ve added three charts of the COMPX: 3 year: covering the entire bull market thus far. 1 year: illustrating a more detailed wave count, and 6 month: displaying current short term conditions. I’ll be updating them … Continue reading

Posted in Updates | 3 Comments