correct again, short-term, you're welcome...so far...
Well, as seemingly only I expected recently, most extended Industry Groups, Indexes, stocks, commods, and even interest-rates, have had pullbacks and s.t. declines.... Recall, I said that their "Psycle sm" pattern smacked of 'fakeout breakouts' (''fobo's' - re-read my Booklets), rather than being 'new potential big future further price rises', as the 95 % are normally wrong after big rises, etc. (I mean, where were all the only-recent 95 % bulls, when these same stocks/commods were low, and only I gave them out in my NL's, at much lower prices, as usual - hated by them, at their lows, loved by me, with lousy 'fundamentals' back then ?)....Plus, the VIX-VXO charts were among the best 'depressed Psycle base' buys I have ever seen, you're welcome....Read my Booklets, Learn the Patterns....while, already, for real-short-term traders (not us), the 95 % got too bearish too soon after only a week's declines, dgms....so, after some rally-attempts likely fail ahead, i expect lower lows in extended issues, as you know from reading my NL output.....also recall, I have been recently expecting most all recent l.t. uptrends to be reversed, i.e., Commods down, IR's down (yes, down, not up), rallied Techs, Financials, Metals, Energies, Semis, and more, down, at least short-term....Separately, i actually added some IR-plays Longside at recent lows, surprising to most not-as-good people, as usual....and, some Depressed health, tech, auto, cap. goods, stocks remain longside buys near recent lows....we shall C....
since last blog, in my NL, I have given out more Longside Winners (stocks/calls/margin)....be sure to VIEW all their following 1-2-yr. charts to see/learn the pattern so you can profit forward: VIX, VXO, SANM, GM, MLIN,
and took some very quick very small cut losses longside, in: INTC, HOKU, LENS, CCL, Nat. Gas,
i also gave out more Puts/Short-sale Winners: NEM, APA, COH, MOT, ET, BP, CVX, OXPS, RCL, EBAY, with no Puts-losers, yay....
and, just for the record, other Puttables specifically given out in my NL recently at their recent tops, like, SOX, SMH, the DJIA, the COMP/nasdaq index, Crude Oil, cash Silver, and others, are also down nicely so far....plus, as seemingly only i suggested, the Nikkei & HengSeng Indexes rose a bit, then fell more, also as fobo's....neat....I hope U R learning my "PSYCLE sm" patterns...
and i am still awating a final intermediate-term low and s.t. rise, in Natural Gas, with a potential break below $ 68. in cash Crude Oil, ahead....and, of course, more downside in domestic Real Estate prices, with even the 'reported less bullish, but in reality still too leveraged-long' people in denial....
continue doing what I suggest in my NL, contact me anytime with your situational needs, and keep learning the Patterns....till next time, enjoy,