tag:blogger.com,1999:blog-12333088.post4410840609483460340..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: domed house reduxCarl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-12333088.post-17533661502138265362011-07-21T02:50:36.390-04:002011-07-21T02:50:36.390-04:00Carl
Many of your comments are noted in this respo...Carl<br />Many of your comments are noted in this responce , i add this , the xle has a very well formed pattern<br />much in agreement with your overall<br />picture , with oil and commodities tending to lead the market of late i would keep the XLE in mind weather this is indeed point 21 begining or just part of 18 19 and 20 still left to complete .<br />the main swings i think year on year has now changed from march to mid august if not early september . my bias is a failure <br />and a breakdown or a very strong short lived points 21 through 23<br />with 24 and 25 completing the year <br />end a mid to late 2012 low of a much much larger point 19 to 20 <br />swing .and then sometime from june to the nov 2012 elections a very strong either 19 or point 21 into around 2017.<br />hence a topping process of a much larger bullish picture<br />joeAdsensehttps://www.blogger.com/profile/08031892140855200123noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-63208997429803755682011-07-14T09:28:41.562-04:002011-07-14T09:28:41.562-04:00A year ago, in August 2010, Carl examined the 3 pe...A year ago, in August 2010, Carl examined the 3 peaks and a domed house model and projected a top in March 2011. In October 2010, Carl projected a top in April 2011--only a slight variation. In March 2011, Carl again projected a top in April 2011. He was spot on. The top did indeed form precisely in April 2011.Jeffhttps://www.blogger.com/profile/11292839902397920934noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-86960839802883122432011-07-14T06:28:49.722-04:002011-07-14T06:28:49.722-04:00Carl, in general I agree with you but I am 98% sur...Carl, in general I agree with you but I am 98% sure we firstly must go to 1200-1240 before new wave up starts. After we reach 1400+ level, I don't believe we can go bellow 1200 anytime (except for very short-lived spikes down).Ivanhttps://www.blogger.com/profile/07199739656804929219noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-65399789297324945292011-07-13T18:07:52.396-04:002011-07-13T18:07:52.396-04:00Carl, Looking at the bigger picture. A macro forma...Carl, Looking at the bigger picture. A macro formation. Could 2002 low have established point 10, 2009 low point 28, 2010 april high point 1? Are we now working towards point 3? If so where to?PRBhttps://www.blogger.com/profile/13633293460678552507noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-30096923731991976782011-07-13T16:01:57.758-04:002011-07-13T16:01:57.758-04:00i beg to differ with Carl's last dissertation ...i beg to differ with Carl's last dissertation on Lindsay's model. Not because I claim to have a better grasp of it, on the contrary, i have none at all. The reason lies in the gold price and puts skew. These two indicators are just not implying a crash so far. This confirms me that the market has not yet fully discounted or so far underestimated the potential damage of the current political turmoils around the world, not just the U.S. and Europe. The world is heating because of the pressure of the self imposed market forces. This reminds me a tyre in which to much air is pumped in until it explodes and self deflates until it reaches its balance again, which will not be too far away from us. Cheers. MCMChttps://www.blogger.com/profile/05620819713487587168noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-82038599577448945162011-07-13T14:46:06.962-04:002011-07-13T14:46:06.962-04:00Carl,
Can you please actually draw the triangle (...Carl,<br /><br />Can you please actually draw the triangle (over 5 months) that corresponds to the Lindsay observation? It would help me understand. Thank you in advance.<br /><br />RRuprechthttps://www.blogger.com/profile/06271725431442341196noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-22481189073464475412011-07-13T13:38:51.442-04:002011-07-13T13:38:51.442-04:00Carl, I don't see the market dropping all the ...Carl, I don't see the market dropping all the way from 1440 to 1000. A major economic disaster needs to occur for that to happen. Something like a sovereign debt defautl causing another recession. But with unemployment at 9.2% I can't see that happen, I believe we are just coming off a recession and a healthy bull market of at least 10 years going forward has just got started. Maybe I'm too optimistic but that's my gut feel. I see the economy improving over the next 10 years and unemployment going down to 4%, with healthy stock market growth every single year.Billhttps://www.blogger.com/profile/15515218349376008994noreply@blogger.com