Re: 04/08/2013 Live Update
Posted: Mon Apr 08, 2013 5:45 pm
Daily SPX shows two signals, approx 2 days apart 
by the way, here's my call up to 4/4/2013 in member area. Check yourself to see if I call every turn right. I really really really really (insert 100 really here) don't like being wrongfully accused. So please don't do this the next time. thanks.gasprice wrote:I noticed the last two posts by Cobra for members had the title "buying climax" and "CPCE top signal". Are people still calling tops?
I guess traders ignored these readings which came in at the exact same level as the day the market touched 666 and bottomed in March, 2009. Ignore at your own peril. There is only one strategy you need to know for YEARS. It's called "buy the dip". Never enter a short trade. This is not something I'm saying as a joke. It's real investment advice I'm publishing in articles and telling friends and family. There is real research that goes way beyond this chart to support my claims. Even though there will be dips, they will be so small as to be impossible to time profitably, so better to buy dips and take profits on rallies at leisure, perpetually for years.
Did you know that the markets didn't dip much at all for 40 out of the last 100 years? From 1942 to 1965, the Dow never dipped much at all. From 1981 to 2000, the market barely dipped (87 crash didn't even dent the trend at all). There can be 20 year periods without any serious corrections.
