tag:blogger.com,1999:blog-12333088.post3316299072791354113..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on November 12, 8:20 am ETCarl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-12333088.post-5577410777769953102007-11-09T14:03:00.000-05:002007-11-09T14:03:00.000-05:00Keep posting your short term future trades.Thank y...Keep posting your short term future trades.<BR/><BR/>Thank you for your thoughts,<BR/><BR/>RobAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-52555342670861062462007-11-09T12:57:00.000-05:002007-11-09T12:57:00.000-05:00BHtrade:Thanks for you advice. I went long yesterd...BHtrade:<BR/><BR/>Thanks for you advice. I went long yesterday for my investment account.<BR/><BR/>The trades you see on this blog are very short term only and will rarely be open for more than 2 or three days at a time.Carl Futiahttps://www.blogger.com/profile/01624989905417650273noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-43472193382565168562007-11-09T12:39:00.000-05:002007-11-09T12:39:00.000-05:00Look at the Gann Charts. December 19 -21 for a lo...Look at the Gann Charts. December 19 -21 for a low.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-55880645435296299872007-11-09T12:12:00.000-05:002007-11-09T12:12:00.000-05:00Carl, your 2007 forecast had a 20% drop into the 2...Carl, your 2007 forecast had a 20% drop into the 20 year cycle. Why fade this 20 year cycle? SPX 1200-1270 is very achievable since the 4 1/2 year cycle very likely hasnt even bottomed yet. <BR/><BR/><BR/><BR/>"Summary: The first quarter of 2007 is likely to be bullish, the second quarter basically flat or slightly bearish, and the second half of the year bearish. The high in the Dow for 2007 should be near the 13,000 level and the high in the S&P 500 near 1500. The low in the second half should find the Dow near 10,700 and the S&P near 1200. The second half low will prove to be a very important buying opportunity. A renewed bullish trend should subsequently carry the market upward during 2008 and 2009.<BR/><BR/>The 20 Year Cycle: The last six repetitions of the 20 year cycle have seen three bear market years (1987, 1907, 1887), two bull market years (1967, 1927), and one flat year (1947). Given that the market's bias has been upward during this 120 year period I conclude that 2007 should have at least a slightly bearish tinge. Of course the most tempting analogy is 1987 which had a top in April, a low in May, the year's high in August, and the intraday crash low in October. The year 1967 was a bullish one, but it had a significant high in May, a low in June, the year's high in September and a low in November. Using these two examples we would expect highs in April-May and August-September and lows in May-June and October-November. I think the October -November low will prove to be the end of a drop of 20% or so from the year's high."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-86811220309291582412007-11-09T11:24:00.000-05:002007-11-09T11:24:00.000-05:00At this rate you can keep backing up your ES bids ...At this rate you can keep backing up your ES bids $10-20 per day.<BR/><BR/>But seriously, if you are confident in your own work and new bull market highs are the ultimate target, is it really necessary to bottom fish to the extreme? I mean, is it more important to buy near the absolute bottom or to be in it for the ride up?<BR/><BR/>In a nutshell, I am wondering why you closed out yesterday's long. True, you have had all day today to buy much cheaper than where you got out, but at least yesterday you were "in".BH_Tradehttps://www.blogger.com/profile/15630047938782804580noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-67922296698546167232007-11-09T08:46:00.000-05:002007-11-09T08:46:00.000-05:00Thanks for your daily comments, would appreciate a...Thanks for your daily comments, would appreciate an update on Cisco: when do you think would be a good entry point? CheersAnonymousnoreply@blogger.com