Hi, everyone. Just two long for Thursday thread. My computer is...

Hi, everyone.

Just two long for Thursday thread. My computer is slow today.

Glad to be back from holidays. Looks the market had one two, just about the same level I left.

Well, my gravity theory works fine. Market is in tag of war. Very interesting thing is we are still only 5% from recently high, will US is still near the high. The interest rates hike did curb some of our enthusiasm. I still believe my 4444 target for EOY, although I more like 4744 now. The market is unpredictable anyway. I think it is brave to catch cycle and turn dates.

6 months, maybe longer of direction less is here to stay. No hurry to move up or down. A correction of 10%+ is still possible, We have not seen one yet since March. The longer it goes, the less chance we will have one. I reckon January is a good month for market to put a bottom, if not, we should try March.

Good luck everyone.