Predicted Lows Today!! (DOW 11,812.30, S&P500 1,277.99 - 54.84, NASDAQ 2,167.73 - 122.92 TODAY! !
"Predicted Lows Today!! (DOW 11,812.30, S&P500 1,277.99 - 54.84, NASDAQ 2,167.73 - 122.92 TODAY!!!"
DOW's 500+ DROP MONDAY Should Be FOLLOWED BY a Month Long 1.300 + POP!!! 12-Apr-08 11:46 pm That's what my chart says.
& along with the chart.
Some 40 + other indicators that I follow on an almost min by min basis are all in line to do just that as well!
Drop 500 + so 11,800 - 11,875.00
that's a progression of higher lows from Jan/ Feb/ March 2008 that holds, and once it does,, then a BIG RALLY this time one that starts on MASSVIE VOLUME!
The NASDAQ Q's traded almost 500 mill on Jan 24th's Jan lows... but the March lows were lower and the Q's traded only 220 mill on that low .. over half as much!!!
That's why I know the recent LOW VOLUME rally that started on St. Patrick’s Day 2008 was extremely suspect and like Art Cashen says on low volume rallies!
He calls them PAPER MACHE RALLY'S!!
He's so right!
"They look good on paper, but I wouldn't want ot lean on it!"
Once, this market washes out on Monday on BIG VOLUME and the lows hold in a succession of higher lows dating back to Jan 2008 then
nobody can argue that the 2008 bottom is in!
then the markets can explode into election 2008 because since the majority is Republican anyway ,, with Obama Clinton in Round 10 of a heavy weight bout that could render them both "knocked out!'
The Reps will be able to put the horrible economy on the back burner and rally this thing hard and huge into election 2008!
What's the most ironic thing is that the saying on the markets goes ,,,
"Remember November (BUY!!!) & Go Away in May (SELL)
that that almost always works as far as history tells us!
ACEMPT historically when an REPUBLICAN Presidential Administration is in its final term! (LIKE THIS YEAR!)
Then history tells us it's
then it's
EXACLTY THE OPPOSISTE!
Go away in NOVEMEBER/DECEMBER SELL SELL SELL!! (THEY DID!!!!)
BUY IN SIZE in APRIL/MAY for the
BIG RALLY INTO THE NOV ELECTIONS!
PREDICTED DOW JONES INDUSTRIALS LOW this coming
MONDAY:
= 11,839.32 (but anywhere between 11,800-11,875.00 is possible)
PREDICTED MAY 2008 high on DOW
over 200 DMA 13,116.00 +
PREDICTED NOV 2008 HIGH ON DOW:
Back to 14,200.00
PREDICTED Q's LOW MONDAY:
41.45
PREDICTED Q's MAY 08 HIGH:
47.48
PREDICTED AAPL LOW MONDAY:
130.97
PREDICTED AAPL HIGH MAY 2008:
166.22
$44.22 (04/14/08)
