EVERYONE {{TRADERS}} LOVES A CRASH
WILL WE GET ONE, NOW ??
Doubtful that the SPX, etc will give up all its gains & more in NOV and or DEC
The Energy for NOV shows MIXED results and does DEC
Sure, there will be setbacks within a trading range considering Oct28th as potential for WAVE A
off a MAJOR CYCLE PIVOT on OCT 4th
THUS wave B & C should unfold over the next 55 tr days into Mid Jan
OK, will it crash then?? DOUBTFUL, but they could set up a retest of Oct 4th or lower
there are NO guarantees when it comes to stocks.
BUT it does seem clear that OCT 27 ACCORDS in EUROPE has setup a new venue
for stocks thru at least near the end of 2012
What happened to the MISERABLE YEAR in 2012?/ ITS JUST NOT THERE
Election YEARS are generally positive for stocks and its the year AFTER that gets beaten up.
18 month CYCLES & Energy culminate May/June of 2013 for the NEXT MAJOR LOW
THIS WHOLE wave could stretch out all the way to 2017/2018 before making any solid
progress on the upside
the 1932 LOW took 16 years to 1948 before heading into new territory, and didnt really
make its more until the late 60's
IF yr 2000 was the peak of teh K wave, then 18 yrs does take us all the way to 2018
with lots of peaks& troughs along the way-
more later
Jay
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