re: volt short covering rally last nite Leo
In stuff I didn't post he has a long term model that rates the current market top with 2000 and 1987.
He does post now and then on SafeHaven which has some good articles. I check it every day along with the BCA site. I once subscribed to BCA at about $10,000 a year so I can recommend their stuff. Considered by many as the best in the business. Been around a long time with an incredible record. They stuffed up in '99 saying it was all over. A year early for the top but enough for me to stop.
Hoye's subscription is $2,000 a year but from what I have seen it may be cheap. One year will tell me I hope.
Looking at international markets: FTSE is the bullish leader. It has probably last night's highs to close above to cause worry for the bearish case. Some consider FTSE as world leader so watching closely.
CAC40 needs to drop 30 pts from now to ease concerns there. This market is a great trending market and I am considering trading it on a 65 week ma basis.
65 weeks is a great ma for gold as well. I don't know if it is because 65 weeks is 1 and 1/4 years for what that is worth but find it works as days and hours and any time frame for most markets..
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re: volt short covering rally last nite LeoIn stuff I didn't...
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