Like I said an unclear outlook, but I expect a pullback over the next 6-8 trading days.
GL traders
Sunday, February 22, 2015
Feb 23, 2015 weekly outlook
Seems unclear whether market continues up or takes a short rest. Greece can kicked down the road a bit. FOMC still in easy mode (seems they are continuing about $25B a month to their balance sheet as they continue to cycle securities plus interest back on to the FED balance sheet). May not seem like much, but it is about $300B a year ($1/3Trillion). But Russia debt downgraded to junk. So It is a mixed picture. West coast slow down may be settled, but the damage done will probably be seen in the future.
Like I said an unclear outlook, but I expect a pullback over the next 6-8 trading days.
GL traders
Like I said an unclear outlook, but I expect a pullback over the next 6-8 trading days.
GL traders
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Seven year cycle: http://www.safehaven.com/article/36790/seven-year-cycle-shemitah-study
ReplyDeleteI have blogged in the past about Jubilee, seven year cycles Kitchin cycles (about 3.5 years / 41 months average), etc