Thursday, November 12, 2009
Stock Market Top Price Prediction November 12, 2009- QQQQ Nasdaq 100, SPY, DIA
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As per the alert issue by the models yesterday November 11, 2009, indicating a possible end of this latest bull leg is around the corner, this morning at 10AM, a signal to consider the market on short side has been issued for the QQQQs. The models said to expect a possible top within 25 cents from the 43.88 level of yesterday's post. Signal issued as follows:
November 12. 2009: 10AM with QQQQ at 44.16, the timing models issued a signal telling us to start scaling in on short side of stock market for Nasdaq 100.
We are somewhat surprised as it is the all time high for the last 52 weeks, but it is what the models just told us. Time is now 5 minutes after 10AM. This post is done in real-time.
Wish us a happy trading!
November 12. 2009: 10AM with QQQQ at 44.16, the timing models issued a signal telling us to start scaling in on short side of stock market for Nasdaq 100.
We are somewhat surprised as it is the all time high for the last 52 weeks, but it is what the models just told us. Time is now 5 minutes after 10AM. This post is done in real-time.
Wish us a happy trading!
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1 Comments:
Can you give us your view on the market since March. It seems that yout timing models are also not working well at the moment.
Do you expect a sharp correction or will the market keep rising?
Last year you sometimes posted a bigger picture.
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