Thursday, March 22, 2018

Well Sports Fans, how about that DEAD CAT Bounce


  Oh did I laugh when I saw the CAT - TODAY !!   Its fromhttps://www.zerohedge.com/news/2018-03-22/investment-grade-credit-crashes-dow-dumps-500-points
so I had to share that with you.

   So are you ready for 5 more months of up and down?      remember when I think it was Tom McClellan came out about a month ago, with a potential forcast for the DJI and the rest to have serious bust B4 Mar 10, and then a decline in March, so it was the VIX Kerfuffle and today.   OK, that is fine, but the other shoe he dropped was that it was likely to continue that pattern until it hit its annual LO in July.  Catch that Sports Fans.   So the DJI and them will continue to bob up and down in a topping pattern till Aug when it will have played itself out of its downward momentum.
Don't know if it sounds right but it does sound logical. 

   This is all fun, but what will you do?  Sign up for a subscription, no risk and see what you could to preserve and enhance your capital........... DG

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What people say about DGS

During the period Feb 1/17 to May 31/17, with the assistance of Denali Guide, trading primarily in ETFs using his “Golden Mean” I was able to increase my portfolio by 9.1% over the four month period. In addition I found him to be most helpful and forthcoming about his methodologies and the reasoning behind them.

Dave Delahunty

Harriston, ON June 2017