Private Blog Update August 24th, 2016 – Gold & Dow
August 24, 2016Private Blog Update August 24, 2016
Private Blog Update August 24, 2016
Finally, the Dow made new highs in the face of constant calls for a crash. This past week, in a horse race we would call it a trifecta where the Dow Jones Industrials, S&P 500,and the NASDAQ all made new record highs. This sent a bunch of analysts to look again and began to proclaim […]
COMMENT: Marty; I watched the monthly numbers you gave for the close of July. The stock market gave a buy signal and gold failed again to close above your buy signal. I have to say, this is really amazing. Your reversals put it very black and white. If you ignore the human second guessing, it is […]
The bulk of the people remain bearish yet always call for a major crash. All I can say is that the patterns are not anything like what these people as saying that a 9-day straight decline is always followed by a crash. The market is by no means over bought or in some dangerous extended […]
QUESTION: Marty; Some people are calling for a 1987 crash now because the Dow has declined for 9 days and that is a prelude to a crash. Is there any validity to this pattern? ANSWER: No. The technical support clearly lies at the 18110-18120 level. This should be a normal retest of that support. […]
Private Blog Updates for the Dow & Gold for month-end closings
QUESTION: Marty; You said we could see new highs form in 2016 for the Dow, but the breakout is more likely in 2017. Has that changed? BD ANSWER: We will be updating the share markets shortly. No, that has not changed yet. We did not elect the Quarter Bullish Reversal at the end of June. […]
The world economy is clearly causing the fundamentalists to flip-flop endlessly. They offer only opinions, and these are the times that will break the reasoning of men and try their very judgments. We have entered the phase where unless you comprehend capital flow analysis, you stand little chance of surviving the remaining years as we […]
Two Private Blog Updates S&P500 with the Dow & Separate Gold