Latest new post for members only issued on April 23, 2010. Fill signup form below to access it instantly.

Tuesday, October 13, 2009

Stock Market Report for Tomorrow October 13, 2009-- Stock Market Top Analysis

Latest new post for members only issued on April 23, 2010. Fill signup form below to access it instantly.

New Policy: To Read The Market Analysis Reports Generated By Our Proprietary Models,
You Now Need to Subscribe. Fill Form Below. Subscription Is Free.
Get Instant Access to the Latest Report, As Soon As You Submit the Form Below.
NOTE: You will also receive access to hundreds of articles on this site. The articles are not visible on this page.
Stock Market Report for Tomorrow October 13, 2009:

As was written on the Stock Market Report of last Thursday, our stock market timing models issued a warning of a possible end of the latest up leg, and possible beginning of a down leg. We wrote last week that a shift might take place within 15 trading hours. A trading day is 6.5 hours.

We have seen a sharp selloff in today's session, but it was a little bit premature.
Decision day should then be possibly tomorrow October 13, 2009.

Some stock market observations for the end of current session (october 12, 2009):
1. Market has been rising at lower volume, which is not a good sign for a bull leg.
2. Heavy market participants are coming back from holiday tomorrow Tuesday,
3. Tomorrow is the 13th. Superstition traders may take it as a bad sign for bulls.
4. Markets is revisiting the top, if it fails to break out, it can lead to nasty (for the bulls) selloffs.
5. It is the bad month of october (As the saying goes the other months are January, February, ..., December).

Timing models are currently saying it would be a top, and bear leg would start.

Date of October 13, 2009 could be a convenient date because of the number 13 in there.

To Receive Market Forecasting/Timing Reports, and Other Special Trading Reports: Enter your email address in the form below, and click submit. Your subscription is at no cost to you and you can unsubscribe at any time. You will receive our special market timing reports, trading reports, and other specials available for members only. We reserve the right to withdraw or terminate this FREE subscription offer at any time. Therefore, secure your subscription now as we do not guarantee that this offer will be available at your next visit to this site.
Happy trading,


Anonymous tradermichael said...

Do you think S&P500 will reach new highs as some EW guys are predicting?

October 18, 2009 at 5:19 PM  
Anonymous Anonymous said...

The BKX banking index topped one day after your projected high.

Today's (Oct. 21) collapse seems to seal the deal.

Another great call - thanks!

October 21, 2009 at 5:32 PM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home

Privacy Policy