1/11/10

Under the shadow of stationary Saturn

There is much nervousness in the markets. Look at the S&P, made a high today, as my good friend " Anonymus" said it will, chapeau on that !! Russia jumped 10 percent today too. Are people in hurry making their last bets before the BIG FALL?

As per my calculations the market will continue to go up. Next targets: 1161-1172-1183.
As long as the market is above 1143, the uptrend will continue. If it'll fall below, we shall reconsider our positions.

Trade carefully!

Jan 13

The market reached 1150, and made a correction. If it'll not go over 1150, we shall see it at 1137.

Haiti Independence map with Jan.12 transits:





January 16.








33 comments:

  1. You are not expecting any decent correciton from now until 1161-1172-1183?

    other things I follow are expecting 5% drop from 1155-1160 top and then up again towards your numbers.

    Thanks,
    Yash

    ReplyDelete
  2. As long as it stays above 1143, I think it'll go up.

    ReplyDelete
  3. Looks like 12th magic is working. AA missed even modest target. 1st result and 1st miss. It was haulted after hours trading and when reopened now its 5% down.

    Someone one wrote this on one blog - SPX - Apex tomorrow morning (about 2 hours into trading session) around 1110.25

    Yash

    ReplyDelete
  4. Well, the S&P fall from 1143, so either it makes a second try, to go up and stay above this level, or it'll correct. but the correction should not be more than 1128. Although there is a strong support at 1135.88.
    I don't see 1110.25. Do you?

    ReplyDelete
  5. Correct. I don't think so it will go to 1110. Also it seems 5% correciton is still coming after we reach your first figure of 1161. That 5% correciton is very good to go long around late febuary may be.

    Thanks,
    Yash

    ReplyDelete
  6. Hi Gaby,

    Your friend Raymond Merriman is also suggesitng reversal around 4-5% sooner than later. Not sure to me now if we are going to get that now itself with 1050 as recent top or we are going back to 1161 before 4-5% correction.

    Thanks,
    Yash

    ReplyDelete
  7. Hi, S&P's fall was blocked at 1128, as forecasted. During the night it make a correction to 1147, thus climbing aboe the MA13, as long as it stays above it, it'll try to go over previous top of 1150, & then the next targets, 1161.. ect.
    By the way, I met Mr. Merriman at the UAC conference, and we are co-writers in "Market Timing Digest" but this does not make us friends. Maybe some day :)

    ReplyDelete
  8. There was a 7 degree earthquake in Haiti, terrible news!Haiti's independence chart: January1, 1804- data from Mr. Champion's book.
    Asc. 13Aries, Sun 10Cap11, Moon 4Vir25. Using the transit chart for yesterday 23:00 Pluto trine N.Moon, Tr.Mars retro on N.South Node, Stationary transiting Saturn on N.Saturn. Tr. Pluto+Merc on N.Mars (Ruler 0f asc), and there u have a quake.

    ReplyDelete
  9. Hi Gaby,

    I know you have interaction with him. I was saying 'friend' for friendly manner!

    I am still going by 1161/1162 top early next week .. may be Tuesday after big gap up as monday is holiday .. they will have enough time to ramp this up. Then it gives away for 5% correction.

    Thanks,
    Yash

    ReplyDelete
  10. The index made two bottoms, one higher than the other.Now it'll go up!

    ReplyDelete
  11. Thanks Gaby. Looking for 1161 and decent correction now. Lets see if it happens that way as then I can put back my 401k after correction.
    India snapped loosing streak today so looks to me it has started up again.
    Gold is still my worry.
    Yash

    ReplyDelete
  12. At 14:00 today NY. time, Tresury Budget and Beige Book announcement. Better be on the fence, meaning to not trade till 5-10 minutes after the announcement.

    ReplyDelete
  13. Its already recovered a lot. Looks like it will go up to 1161 now. Do you think there will be one big drop at 14.00 and march up again. I remeber somehting like that had happened at 14.00 on fed meetings days sometimes!

    Yash

    ReplyDelete
  14. Well, the only positive angle at the announcement is Sun-Uranus sextile. 5 planets in capricorn and the south node.... hmmmmmmmmmmmmm, who knows? :)

    ReplyDelete
  15. But even if it drops you are still positive of 1161? Then drop may be opportunity to grab.

    Yash

    ReplyDelete
  16. "Modest improvement?"...says the Book

    ReplyDelete
  17. 1142 stop- for those who wish to go long

    ReplyDelete
  18. hahahaha .. After so much money spend and Fed earning record 45 billion profit they for modest improvement. lol ... The U.S. economy shed a higher than expected 85,000 jobs in December and the unemployment rate remained at a lofty 10%, data showed last week. The jobless rate would have been even higher if more people had been looking for work instead of leaving the work force altogether. Why not all leave workforce so that unemployement goes to 0%!

    Yash

    ReplyDelete
  19. Market went up, but did not go over yesterday's top! I would close long positions.

    ReplyDelete
  20. I was in meeting. Anyway I did not have long position to close. Currnetly I am waiting for swing opportunity. Either 1161 to go short good amount and then after 5% correciton going long good amount.

    Yash

    ReplyDelete
  21. Is it safe to say if it goes above 1050, it is attempting to go towards 1061 mark?

    Thanks,
    Yash

    ReplyDelete
  22. January 18 is Martin Luther King day, no trade therefore it is important to watch the trade tomorrow.

    ReplyDelete
  23. Yes I think if go above previous top today and then we gap up tommrrow we may touch 1061 mark! and then we can have our 5% overdue correction !!

    Thanks,
    Yash

    ReplyDelete
  24. Are we getting low to buy today? or my 5% correciton started at 1150? Since we are in camp of entire rally is not done yet (for some EWI people its done) we need to see where is buying opportunity to go long with good 401k money now.

    Thanks,
    Yash

    ReplyDelete
  25. Hi Gaby,

    MA 50 shows 1110 and MA200 shows 1001 right now so how that goes with your above chart?

    Thanks,
    Yash

    ReplyDelete
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