Black Monday?

Look out for next week… we’re about to start a large wave 3 move down!  Destination… Unknown?  Monday is an “iffy” day, as we are now in a smaller wave 2 up inside of a larger wave 3 down.  So, it might not rollover until Tuesday, (but I created the image above . . . → Read More: Black Monday?

Did Someone Press The Panic Button?

Holy Cow!  Did Wall Street hit the panic button today?  They sure fooled me on this one, as I didn’t see such a huge sell off coming so soon.  I was stuck sitting in cash on this move.  Bummer!  This changes the game plan completely of course.  Yes, the turn date . . . → Read More: Did Someone Press The Panic Button?

Waiting For The Jobs Numbers…

The market went basically flat today, closing slightly lower.  This was the consolidation day that I was looking for yesterday.  So, I was off a day… nobody’s perfect I guess.  Regardless, I’m looking for the swing trade play, and I’m just sitting in cash for now.

I think tomorrow could be another consolidation day, . . . → Read More: Waiting For The Jobs Numbers…

The Bulls Are Running Again…

Look out bears, the bulls are back!  NOT!  I don’t believe that for one minute.  This is simply the larger wave 2 up that follows the wave 1.  We are still on track for larger wave 3 to start down next Monday or Tuesday.  I was wrong about today being a flat consolidation . . . → Read More: The Bulls Are Running Again…