The home of the innovation of the Logarithm of Time as applied to the Markets. We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Tuesday, May 18, 2010
This is a scenerio that could easily play out...
http://www.marketoracle.co.uk/Article19546.html
by Nadeem Walayat
I would agree with Nadeem's analysis as a possibility, watch the readings over at Sentimentrader.com, if sentiment hits a bearish extreme as the Markets get near the lows of last February, exit all bearish positions, and wait for the end of the 'C' wave to renter them...Although I can see a potential exponential channel forming (previous post) it is quite tentative and can be overruled if sentiment gets excessively bearish too soon...then the scenario Nadeem provides becomes more probable...
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