9.2 C
New York
Thursday, March 28, 2024

Dow Transports Cycle warning

Courtesy of Read the Ticker.

dow-transports-cycle-warningTime to review the very successful Dow Transports Cycle.



Another down cycle is due in 2016, most likely after a further period of consoildation. The FED talk of a rate hike is spooking the markets, it will also be the fact that most money managers have green on the screen they wish to turn it into cash, rather than try and live through another scary down cycle.



The cycle below has worked well and has been great for trading for 12 long years. Place your bets!





Click for popup. Clear your browser cache if image is not showing.

Tran








NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



…”Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics.”…



William D Gann





..”It’s easier to fool people, than to convince them they have been fooled”..



Mark Twain





..“How many millionaires do you know who have become wealthy by investing in savings accounts?”..



Robert G Allen





..“I buy on the assumption they could close the market the next day and not reopen it for five years” and “Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.”..



Warren Buffet





..”Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it”..



Warren Buffett







Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,451FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x