The last leg of my August 27th prediction.

Posted by Investing Freak on September 13, 2009
Market Analysis

Well one last time revisiting my latest predictions since august 27th.

Fake Correction? Check (August 27-Sept 2nd)
Mini Recovery?   Check (Sept 3rd to Sept 11th)
Major Correction?  In Progress  (Sept 14th to … )

Check the attached Updated chart. (Click To Enlarge)

The Orange Line Scenario Happened for the most part except the fakeout below a trend line (circled above)

From the Sept 1 Blogpost:
Scenario 1: (Orange Lines)
Bounce back the next 5 days to reach possible 1040   then drop back to 1000’s and head lower going into October.

I am 2/3 so far looking for a full 100% return on my prediction.

Have a good one.

Tags: , , , , , , ,

Comments are closed.