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camarodan64 (98.51)

Looking for a stock bottom in June 2013



June 06, 2013 – Comments (18) | RELATED TICKERS: JKS

        The DOW now rests at 14,960.59 I am anticipating a 5% correction at most from recent 52 week high of 15542.40 due to the current bull market in progress, The 5% correction would put the dow bottom at 14765, I am predicting a intra day rise in the VIX index to 18.75,  the higher VIX reading of 18 will signal a market bottom,  Warren Buffet has 55 billion in cash waiting to buy in big when small folk are hustled out by Wall street media company's like CNBC creating unnecessary fear or hype for it was on CNBC in an interview with Warren Buffet and Becky quick the cat was let out of the bag when Warren Buffet said"we(the richest) have ways to make stocks go down"and then he chuckles on camera, I know what Warren meant by that statement on CNBC, anyways look for a market bottom soon with a VIX intra-day rise to 18-19.  Have no fear of the "fear"VIX index use it as your tool,Be like Buffet buy the fear this is not 2009 and the FED has not halted credit like it did in 2008 the exact opposite thing it was susposed to do, later loaning money to the tax payers in the form of bail outs and  QE 1 2 3. billions if not trillions more it could have saved leaman  and the us citizen and economy but instead followed its motive to destroy consumption on a global scale basicly the resources were running out.

18 Comments – Post Your Own

#1) On June 06, 2013 at 12:43 AM, awallejr (85.49) wrote:

Well I was going to blog about this but you beat me to it.  This market so needed a correction.  Many thought it would happen in May, but it did not.  So June is the month.  personally I WANT a 5-7% correction. Such a correction would consolidate gains and then form a basis for future growth.

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#2) On June 06, 2013 at 1:29 PM, ContraryDude (34.66) wrote:

bit of a rant but probably not too far off in your prediction. Not sure what JKS has to do with it ...

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#3) On June 06, 2013 at 5:59 PM, jiltin (26.92) wrote:

However, it will be like this UPs and DOWNs until Jun 18-19th. The stability comes after that....

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#4) On June 06, 2013 at 8:05 PM, elcid24 (55.46) wrote:

JKS reports tomorrow.

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#5) On June 07, 2013 at 2:05 PM, Valyooo (99.37) wrote:



What are your thoughts on junk bonds? 

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#6) On June 07, 2013 at 6:10 PM, awallejr (85.49) wrote:

I don't really follow the bond market. 

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#7) On June 11, 2013 at 9:33 PM, JohnCLeven (77.77) wrote:

Why do you anticipate the correction being 5%? Why not 3% or 7%

Why are you predicting a market bottom when the VIX hits 18-19??

Those are some pretty specific calls you're making, and i'd love to hear more about how you reached those conclusions.


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#8) On June 12, 2013 at 12:10 AM, awallejr (85.49) wrote:

Who are you referring to?

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#9) On June 12, 2013 at 12:48 AM, camarodan64 (98.51) wrote:

to@ JohnCLeven

i see 5% as not too much and not too little so that makes it in the goldielocks area correction.

i see in a bull market of this type and stage the limited amount of "bad news" can only influence markets to the downside for limited amounts of time, thus using the upper range of 18.5-19.25 for this market bottom. If this was March 2009 i would be looking for a 52-59 VIX index due to the amount of bad news wave after wave of bad news until "mark to market was suspended.  watch my video on youtube on how to call the march 2009 stock market bottom.... 

How to use The VIX index to call The Dow Jones March2009 bottom

then read the comments there that i blogged for the entire sell off and called the dow jones bottom at 6500.    is it that easy? pretty much but i am also using many other values ,parameters and varibles to fine tune the "call top or bottom program"  



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#10) On June 12, 2013 at 1:02 PM, camarodan64 (98.51) wrote:

vix index is hovering around 18.22 now

 vix index quote and chart link

dow jones trading 15,061.96  60.06(0.40%) 1:00PM EDT

dow was down around 90 eariler

vix under 18 now 

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#11) On June 12, 2013 at 1:08 PM, camarodan64 (98.51) wrote:

vix index started dropping under 18 as soon as 10y us tresuary auction happened, new trend bottom is most likely in .dow 15027.73

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#12) On June 12, 2013 at 3:10 PM, camarodan64 (98.51) wrote:

vix now 18.5 dow around 15007


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#13) On June 12, 2013 at 11:09 PM, camarodan64 (98.51) wrote:

Japan currently exihibiting capitulation with nikkei down 701 to 12578, if there was a Japan vix index it would be peaking out right now at around 40.   It is possible that on june 13 the vix index will peak out at 19.00-19.99 with the dow making a bottom at 14765 which would be the 5% correction from the recent dow record high. 

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#14) On June 13, 2013 at 9:17 AM, camarodan64 (98.51) wrote:

good news in the USA is counteracting bad news in Japan , fear is minimizing due to the lack of "wave after wave of bad news..instead "surprise after surprise of better news" that is why when the dow goes back to 52 week highs everyone will be surprised and then feel stupid because they sold in fear of the VIX.  Buy low, buy high VIX, buy scared.

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#15) On June 13, 2013 at 3:51 PM, camarodan64 (98.51) wrote:

VOLATILITY S&P 500 (^VIX) -Chicago Options

16.68  1.91(10.27%) 3:34PM ED


Dow Jones Industrial Average (^DJI)


15,187.53  192.30(1.28%) 3:50PM EDT

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#16) On June 20, 2013 at 9:49 AM, camarodan64 (98.51) wrote:

vix spike today june 20 2013   946 AM



 -Chicago Options

18.44  1.80(10.82%) 9:32AM EDT



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#17) On June 20, 2013 at 6:27 PM, camarodan64 (98.51) wrote:

ok ,DOW 14758 now,  the dow is now just under the 5% correction  prediction price for the DOW Jones industrial average of  14765 made June 6 2013, the VIX  intra-day rise to 21.32 and fall to 20.49 shows "fear in the market at the close today", tomorrow is options expiration friday , look to buy solar stocks in this vix run-up the solar stocks will bounce big. Apple should move up from where it is at (416)Avoid base metal mining for now.

Im sure there is a lot of media creating fear , remember buy the fear. 

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#18) On July 11, 2013 at 7:21 PM, camarodan64 (98.51) wrote:

ok ,DOW 15,460.92

plus 169.26 now,  the dow is back to pre-correction all-time record high close.  Today on CNBC a guest anaylist said the DOW Jones has been flat for the last 13 years....only fools from the newer generation would believe that guy was telling factual information.


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