Courtesy of Read the Ticker.
Lucifer was loved in heaven the day before he fell.
Reference: SP500 Cycle Review
The angels today are: Amazon (AMZN), Apple (AAPL), NetFlix (NFLX) and Google (GOOGL). These stocks are loved by the masses, so much so there is a sellers strike. There is no supply of stock float, as no one is selling hence prices rises month after month.
No ones knows when this ends, or why. Below we use history as our guide. Yes history may not repeat exactly but it sure does rhyme. The major point of the chart is the ‘easy money has been made’, any further gains is just ‘small change’ with a very high risk attached to it.
Investor capital has increased many times since March 2009, the focus now must be to keep some it, by either paying down debt or investing in other non correlated (or contrarian) asset classes. A change is coming. The future expected market correction will be the worlds first high frequency trading sell off. Makes you wonder what this would look like. Hmmmm, what to do … run away!
The Dow inflation adjusted monthly chart, with a DPO.
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of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to secure better timing than most, after all these methods have been used successfully for 70+ years. To help you applying Richard Wyckoff and Richard Ney logic
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Investing Quote…
..”Every once in a while you must go to cash, take a break, takes a vacation. Do not try to play the market all the time. It cannot be done, too tough on the emotions.”..
Jesse Livermore
..“By failing to prepare, you are preparing to fail”..
Benjamin Franklin
..”October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”..
Mark Twain
After a question on how to become a better investor professional Mr Munger responded, ..“Read history, read history, read history.”..
Charlie Munger
..“One must search through a maze of complex and contradictory details to get to the significant facts … Then he must be able to operate coldly, clearly, and skilfully on the basis of those facts.” The challenge for the successful speculator is “how to disentangle the cold hard facts from the rather warm feelings of the people dealing with the facts.” Moreover, “if you get all the facts, your judgment can be right; if you don’t get all the facts, it can’t be right”…
Bernard Baruch
