11.10.09 Won't Happen; 12.08.09 WILL!!!!!!!!!!!!!!!!!!!!!!!!!
November 09, 2009
– Comments (4) |
RELATED TICKERS: SDS
, SSO
, GLD
Hopefully I put in enough exclamation marks to get your attention. I've REPEATEDLY told you this market is going HIGHER - topping near S&P 1150, and I'm telling you AGAIN, that on 12.08.09 (otherwise known as CRAPULATION DAY, to those 'in-the-know'), the fun will end.
If you are a seasoned, intermediate or novice investor, you know I'm right. Here's what they would say:
Seasoned Investor: "On 12.08.09 an inflection point between the 200 day and 50 day moving averages will cause a reverse candle Romanian conjunction."
Notice how the Seasoned Investor nails the date perfectly. Seriously - are you going to argue with the Seasoned Investor. It could be Warren Buffet for all you know.
Intermediate Investor: "Gold's traditional inverse relationship as a bearish indicator will reach it's peak valuation versus the market in early December."
Notice how the Intermediate Investor doesn't quite know the date, but is in the right time frame.
Novice Investor: "Holy crap, I've got Christmas presents to buy and I don't have any money. I better my stocks."
The Novice Investor will get the date right, just be too late to the party.
IMPORTANT LINKS:
"Go long for the next 5 weeks - you will be happy you did." --FreeMarkets (October 29, 2009)
"I said I'd buy into this market if the S&P dropped by 1.5% today. It did, I'm in and so should you." --FreeMarkets (October 28, 2009)
"But the bears will start getting their shorts squeezed in November on another FED induced buying spree." --FreeMarkets (October 16, 2009)
"I strongly believe this market will push higher - can you say S&P 1150 - before the year is done. However, late October is going to be a time for traders to make a few bucks on the short side. " --FreeMarkets (October 15, 2009)