Anyway, the red line is their prediction and the black like is reality. Perhaps we get a false breakdown of the head-and-shoulders? We'll see.
Friday, June 25, 2010
Foundation for the Study of Cycles prediction
The latest marketing piece from the "Foundation" had this graph. They actually have been pretty good with this stuff but I do have a problem with the late July rally being of that magnitude.
Anyway, the red line is their prediction and the black like is reality. Perhaps we get a false breakdown of the head-and-shoulders? We'll see.
Anyway, the red line is their prediction and the black like is reality. Perhaps we get a false breakdown of the head-and-shoulders? We'll see.
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1 comment:
Well, the markets rallied strong in July, so the chart was not far off. Dont forget the S&P hit 1127 by August. Early July was a good buy.
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