Dear Readers, The NATIONAL CASINO Will soon close. Another day to thank the oscillators, who told us again and again, be patient, "do not sell this market". Below see the contribution from Dear Mark Lytle. We appreciate Dear Mark.
EXTREME CAUTION. ENERGY OUT OF ENERGY! OIL COULD HAVE TOPPED. I am not crazy about gold here, either, but IF YOU HAVE TO? PROTECT YOURSELF, BUY GOLD SELL ENERGY
Comments from Mark A. Lytle:Hi Boris, This is my Elliot count of the $NDX which shows it in an early stage of wave 3 instead of being in wave 4...The vertical dashed lines with annotations are time lines computed with a formula I use based on Elliot counts, which is a logarithmic function containing elements of Fibonacci..it warns me sometimes of pending trend changes...The NDX has a lot of life left in it, and I expect it to do well as alternative energy companies gradually become the next bubble in the face of Peak Oil (after 2008). In desperation, I expect we will try to "invent" our way out of the next (and much more real) energy crisis... Regards, Mark Lytle
Well perhaps to support your ideas Dear Mark, the Altenergy and Nano Groups, which in my opinion are the groups that will make the new energy miracle happen, are on the buy side of the table.