Saturday, April 23, 2011

4/22 Weekly Addendum

A longer-term look at the SPX cycle chart. 
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2 comments:

  1. pimaCanyonApril 24, 2011 at 9:26 AM

    Thanks for posting this, Steve. The correlation looks quite strong. Actually quite amazing the way it tracked the 2008 crash and the strong rally that took off from the March 09 low.

    Based on this one chart alone, it looks like stocks will go down into October, rise into March of next year, then serious tankage the rest of 2012.

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  2. AnonymousApril 26, 2011 at 1:05 PM

    Does not really look that bearish Steve?

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