Tuesday, May 17, 2011

5/17 11:30

The cash DJI declined to 12,400.  The DJI is subject to 2 different counts on the rally to the April high. Once count places the nominal high at 12,383.  Staying above this will keep me out of ETFs.  Going below will get me right back in at the same level that I started the day.

Since the Japan quake the raw I1 and the solar/lunar timing cycle component have had a lead on the stock market of 7-8 days.  If the decline continues it will confirm that this lead has been eradicated and the series again track the market.

No comments:

Post a Comment