Markets Timing - DJIA 12,159 dn-306 p&f chart.
I can't miss reporting on yet another day's market crash, that has
now confirmed a bear market trend that I have forecast before it
was obvious. Again there is nothing like the p&t fig.to see it before
your very shifty eyes.
It was only on Tu.Jan.15th at the close, that I made my report on the
DJIA then at 12,496 dn-281 and wrote:-
"We are now entering a Bear trend by the p& f chart below". ..and..
"The recession is in view, and will arrive in your town soon".
...and so it came to pass......
When in doubt, turn to the math chart. The market will try to hold, for
a short time at the 12,100 as it is, wait for it, the sq.of 11, 11 x 11
equals 121, and as the zeros don't count, we have 121 x 100, we
get 12,100. Now below that on the math chart we get 11,600, which
I may add matches my target high at 13,900. Yes on the math chart.
If these figs.run true and they usually do, if we break and close below
12,100 we in for 11,600.
DJIA today:- intraday high 12,597, low 12,089, closed 12,159 dn-306.
Options expire tomorrow, Friday Jan.18th so lots of jumpy prices and
lots of volume. "Place you bets gents, and eyes sharp".
Charlton Capital ltd. Mr.618 here. P&f below. "The breakdown"