Sunday, April 8, 2012

Back on the site at last:::)))

Sorry for not being here... something or someone hacked my accounts or google did something.. who knows.. anyway, couldn't get into twitter either... months have passed and some of those little predictions that I had called have done O.K.  My portfolio is looking alot better for it too!....LOL!

I have been going over a few charts this wkend and it looks like we could be going lower..... the Non- farm jobs report was just terrible.. but we could have told the Goverment this now couldn't we.... The problem even if the jobs reports are great is that  the jobs out there are just $10 jobs.  Most people can just manage to put gas in their car on those wages... so if thats all the jobs that we have guess what happens to Housing?

Thats right... down the toilet again... its a never ending circle ... either better paying jobs or people will continue to loose their homes.   Gas prices have helped car makers again... Little cars are HOT< HOT!  and so are $80,000 Lexus's.... funny how that works...   Hey and its been 20yrs since buying a car with A/C was an option...  they are nickle and diming the public to death.. and how about those hidden tax hits on your electric bill and internet services... they've got to get the revenue somewhere.    OK enough of the horse-shit that I can shovel your way and I am guessing you already knew about......

My turn date was the 4th of April on my last call to a friend, since I could not tell any of you out there.... our cycle turns seem to be 180 days right now RR, and RK.  If I am wrong on this call, then we could go up 30 more for a new High...and we could then have that nice looking H&S pattern inside of a Supercycle 4th wave...Thats my tentative view... short term...call....   or scenerio #1.... #2... looks like this to me.. we go up till the Olympics again... same version as Bejing 4yrs ago... then we slide... but this is an election yr... that the only bad on that one... so   #3     we go down till around oct...then we go up for all new High... and by going down I mean we probably are in a 4th wave of the final 5th of this ending diagonal triangle or H&S pattern... but we could go up as high as 1580-1650 area on S&P.... Ok,, these are a few of my ideas, thoughts... so let me know what you all think.... good or bad... the next year will be very interesting... Hope everyone has a Happy Easter...>L