The CYCLE LOW hit at 11:05 am on Friday Nov 21st,
And guess what I was doing - YES, BUYING CALLS
Dow up 500 pts
whats next?
***********8further gains ***********
might stall Monday AM, but should end the day higher with the
best of the week should be Wed
The 28th has some negative readings, so I will close out my positions on the close Wed-
I dont think its an early close, but Friday might be.
It appears we got the MINOR 3 bottom
NEXT IS WAVE 4 which can extend all the way to July 2009
Dec 15th is expected as a LOW, but in this case, I would anticipate it to offer only a
wave 2 setback after a dec 6 to 8th high as wave 1
Sure, you want to know How high can they go?
MINOR Wave 4 will occur in the next higher degree
Use your math skills and apply Fibo
Dow dropped 7000 pts
7000 X 38.2% minimum gains = 2674 pts = dow @ 10,224
Typical is 50% to 62% or 3500 to 4300 pts
Max gain @ 78.6% would be remarkable = 5500 pts - back to 13,000, but I sincerely doubt this
The Martin Armstrong cycle seems to be occurring 8 months after his proposed dates.
First was FEb 27th, 2007 and the actual top was october 2007
The LOW was scheduled for March 23, 2008, and the actual was Nov 21st
Now the next leg HIGH is targeted for March 19th, 2009 + 8 months = Nov /Dec2009
Then LOWS on June13, 2011 ADD 8 months = FEb/ March 2012
Jay
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