Wednesday, October 22, 2014

What's Next For the Dow Jones?

The Dow closed higher with an inside day. The turning points this week seem to be Wednesday (minor) and Friday (main). A reaction high this week still points to a lower low perhaps for the week of November 3rd. It appears that the Phase Transition in stocks will be postponed into the downside of the ECM. This is a reflection of the bubble that is unfolding in debt. This looks like the BIG BANG we targeted for 2016 is unfolding as we first scheduled back in 1985.

Many email have been coming in about the 1985 forecasts. This is what I mean there cannot be personal opinion. NOBODY can point and forecast something like this 30 years in advance with any such specific events. Long-term trends are set in motion and are un-changeable. Fundamentals are simply noise. Market commentators can and do take the same event and can construct it as bullish or bearish to fit the immediate price action. Like when news is bullish but stocks still decline – they then say “it was not bullish enough.” 

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