Good morning traders,
I apologize for not updating recently. I’ve been busy with some other projects. I want to take a moment to share where we are…
We had been calling for a 11/15 stock market low and it came in right on time. We remain positioned long. And while the easiest part of this rally may be over, I still don’t think it’s done.
Why an 11/15 low? Well, as you know I’ve spent the last 12 years building stock market models and following various stock market cycles. 11/15 was a 9 month cycle low per our cycles/seasonaity chart:
We’re still bullish into 12/17 and possibly beyond, but we’ll have a few tests along the way. Why 12/17?
Here’s a chart I shared with over 300 hedge funds in March of last year… It’s my stock market forecast for 2012, that I put together back in 2011…
Without getting into too much detail about the derivation of this chart, we use it to determine our potential key reversal dates. I’ve been publishing this for over a decade, and sometimes these dates are so accurate, it’s worth paying attention to. And periodically you have a year like this one, where if you followed the model, you’d be very wealthy…
It too was calling for a 11/15 key reversal date. Given the market action going into that date, we saw confluence in our call for a 9 month cycle low around 11/15.
Thinking back to the end of last year, I was speaking at the World Money Show in Chicago telling everyone in a very Cramer-esk way, to buy, buy, buy… That’s where I was 3 weeks ago.
So what about 2013?
I use the month of December to start building my models for the next year. And this year is no different. As early as today I’ll start the work it takes and by the end of the month, I’ll have digested the data (subconsciously) and be able to put together my model.
And given the accuracy of my work in 2012, I expect a little more attention this year.
If you’d like to see my work, I give it to all my clients. Feel free to visit my site at www.stockbarometer.com and sign up for the daily stock barometer, where I review my research daily and give you a few of the 300 or so models that are giving a reversal signal.
Remember, you financial success is not about making one BIG investment decision, it’s the sum of hundreds of smaller correct decisions that builds a good financial base and will keep you heading in the right direction. My goal has always been to help more people, make better decisions with their money…0
Again, feel free to visit my site, www.stockbarometer.com and sign up to any of my services and you’ll get access to my research.