Posted on Monday, 24th November 2008 by Steve Warshaw

With last friday’s huge turnaround combined with todays strong 6.5% move, an excellent opportunity to open some new short trades is forming. The patterns for September and November are looking quite similar: 3 weeks of strong downard movement followed by a relief rally. In October that rally lasted for about 3 weeks before losing 100% of [...]

Tags: cycle, s&p 500, s&p 500 forecast, s&p forecast
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Posted on Friday, 21st November 2008 by Steve Warshaw

With the 8000 support level succumbing to downward pressure, the bottom targets for all 3 major indicies has to be revised downward. In my article "When Will the S&P 500 and Dow Jones Bear Market Hit Bottom?," I made the predication that the bottom would come around May, 2009. I made that prediction with the belief that [...]

Tags: analysis, beark, bottom, djia, dow, dow jones, techincal anlaysis, trend, video
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Posted on Monday, 10th November 2008 by Steve Warshaw

Confusion… The State Of The Stock Market

1 week up, 1 week down. That has been the trend since the beginning of October. A look at the weekly chart for the S&P 500 is enough to make anyone’s head spin. Last weeks high hit the 38.2% retracement level from the mid-August high’s and immediately turned around.
Both [...]

Tags: forecast, rally, s&p 500, trend
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