BOT Short Signal at 1310

I am putting the BOT short signal back on again on the sp500 at 1310.  The bounce is not arriving and I would rather put the signal on now.  Whether we bounce 10 or 20 sp points from here seems to be a mute point for now.

Yesterday was a HUGE sign of weakness and today is the shock factor after the fact.  I am thinking we should eventually be able to hold under 1313 which should possibly get the market moving with new momentum eventually towards the 1250 level.  But that would take a bit of time, or not ?

I continue to be amazed at how the market seems to be conforming to the 8.6 year cycle in real time.  The rejection yesterday was a very key day for this market in my opinion.

Posted in SP500, Trading Cycles
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2 comments on “BOT Short Signal at 1310
  1. geoff says:

    It is remarkable how the “Rapture” of May 21, 2011, is so near M. Armstrong date of June 13, 2011!

    You state in your prior posting that Mayan Cycle End Date is later this year. However, a website says “21.12.2012. End of time. End of the world. The end of Mayan Long Count. The apocalypse. The end of Kali Yuga. The winter solstice 2012 is not just any solstice but the solstice of all solstices. It is the Great Solstice – a solstice of the precessional or Platonic year.”

    It is reassuring that this blog has such confidence in convicted schemers who allegedly bilked $800 million from Japanese investors and spent and continues to spend 11 years in some sort of incarceration. It is reassuring that this blog now raises the soothing prophesy of the long long dead Mayans as a trusted predictor of the stock market.

    It is not reassuring that this blog now happens to be on the same side of the market as myself. I shall have to rethink and be more cautious now in my bearish hypothesis.

    Plse tell us what you or Armstrong or the Mayans conclude about June 13th or will it be October 21st? I still do not understand what was the precise date of the last 8.6 year cycle, which must have been around Nov 2002 and why mysteriously around March 2009 we were at 666 on SP, without the benefit of this excellent model to protect us. Oh, I forgot, the “cardinal climax” was a beacon for investors.

  2. Tom Tom says:

    I think the date was close enough for an 8.6 year cycle Geoff. I mean give me a break, a few weeks in the context of 8.6 years? That is like within a % or less than given the overall time frame. I think it is still amazingly precise.

    I do not have a clue about exactly how the Maya end date is going to play into all of this. Since it is in December perhaps it will be a massive low for the market, but it seems a bit of a rush for the market to plunge almost in a straight down line from now to December 2011…. that would require huge fast crashes down in this market…

    Nov 2002 was a major low for the market… then at the mid point of the 8.6 year cycle we hit the 2007 top…

    Just view the cycle points as possible turn dates, nothing more.. it is not a perfect clock.

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