WILL MARKET RECOVER FOR END FY 2013

CLICK ON ABOVE

WILL THE MARKETS RECOVER 2013

approaching new high quarter 3 2013

End FY 2013 with a scream???

The Gold Report: As you noted in your last interview with The Gold Report in February, Goldman Sachs was predicting that gold would to go down to $1,200/ounce ($1,200/oz) in several years, and now “Dr. Doom,” Nouriel Roubini, says it’s going to $1,000/oz. What’s your view?

Chen Lin: In the near term, I think gold is being controlled by the paper market on Wall Street, which is unfortunate. However, I’m still bullish for the long run.

2012 2013

has been the top of cycle..

with the imminent correction still in mending

USA election done

smell of war in israel??

yet this market got to get a life

DOWJones chart analysis to be released

DOW JONES WATCH FORECASTS

SOON FINANCIAL 2013

Best Six Months for Stock Market Are Underway Says Hirsch

According to the Stock Trader's Almanac, November is the beginning of the stock market's strongest six-month period. The "Best Six Months Switching Strategy" goes like this: Invest in the Dow and/or S&P 500 between November 1 and April 30 each year, then switch into safer fixed income assets in May.

"We found that most of the market's gains are made from November to April, whereas you either go down or are flat from May through October; hence the sell in May and go away [strategy]," says Jeff Hirsch, editor-in-chief of the Stock Trader's Almanac.

Historically, there's a soft period from May through October, as seen in STA's chart below.

"We like to buy in October and get ourselves sober, even though we didn't get our trigger this year because the market was vacillating quite a bit," says Hirsch. He uses a MACD indicator as a trigger for buy and sell moves. Using the MACD, the DJIA's Best Six Months rises to an average gain of 9.3% versus a loss of 1.2% during the Worst Six Months.

On average as seen in the chart below, the Dow Jones Industrial Average has risen 7.5% during the Best Six Month period since 1950, versus 0.3% rise during the Worst 6 Months.

"Last year everyone was bearish — I was one of the lone bulls on the Street. I was really happy with our buy signal," says Hirsch. "This year I'm not so confident because the market technically is struggling against resistance; there are a lot of issues, there's a post-election year coming up, there's fiscal cliffs. So we're going in with tighter stops with our trades this year."

Needless to say, November is off to a very weak start with the DJIA, S&P 500 and Nasdaq all down over 4% month-to-date. Hirsch has already warned of risk in 2013 based on the election cycle and historical weakness when an incumbent president is re-elected.

"Again, we're at the sour spot of the four-year [presidential election] cycle," he admits. "We'll make our trades, but we'll be a lot more cautious and keep the stops a lot tighter instead of leaving it wide open here."

If this is as good as it gets, maybe that's a sound warning for the year ahead. How are you positioning for 2013? Let us know in the comment section below or visit us on Facebook!

More From Breakout:

Beware of Black Friday Trading: Hirsch

Anatomy of a Fragile Market: What to Make of the Selloff

WELCOME 2012 PUNTERS PARADISE

TURBULENT CORRECTION AHEAD,, NEXT TO 10000

BE AWARE Q4 MARKET ASX CORRECTION JUST STARTED = DOW DID SIGNAL TOP = CORRECTION IN PROGRESS = WATCH COUNT THE WAVES

WATCH THE CROOKS DEALINGS ON PENNTSHARES,,,LOTS OF SCANDALS

DOW JONES WATCH FORECASTS
SPECIAL REPORT THE BULL ARE BACK 2012

Dow Jones managed to break our resistance from 11.600 and now it touched our next one from 12.750.
more upward moves as long as 11.600 holds the market.
For the moment the sentiment in the markets is significant positive so, as long as we don't see a break of our supports, we can keep our
long positions alive.
DOW SIGNALLING A TOP 12800 CORRECTION

USA ELECTION - USA ECONOMY - EURO CRISIS

MARKET CORRECTION IN PROGRESS...

WAITING NEXT SIGNALS FOR SUPPORT

******* END FINANCIAL YEAR 2012**************

DOWJONES TARGET 14000 - 2012

GoldMan Sachs predict a shocking 2012

STOCK ALERT
Markets are constantly in a state of uncertainty and flux ... money is made by discounting the obvious and betting on the unexpected'
~G. Soros

The biggest risk in life is not to have one.
Investment Watch Blog
Australia Penny Shares companies are managed by the worth CROOKS of the system,, most of it wheeling and dealings to clean the holders?? most of them are INsiders/ traders.. ACCOUNTANTS AND CORPORATES LAWYERS,, protected by ASIC
Shame on them >> TRADE WITH THEM >> DO NOT HOLD THEM>> i call them professionals criminals THEY ARE DESTROYING PEOPLE WEALTH
AS 4 November 2011 MARKETS SENTIMENTS BULLISH see updated forecasts chart... DOW TESTING 11400 support, Warning
*********************************************************

MARKET SIGNALS IN CORRECTION..WAITING FOR THE STORM TO SETTLE.. WATCHING SUPPORT FORMATIONS.. MARKET COULD RALLY BY YEAR END short term
TARGET DOW 10400 - SP500 900 long term

go the dragon

If you're looking to invest in penny stocks that aren't part of some "pump and dump" scam, then I've got something you'll be very interested in... sign in and request

STOCK ALERT TDX FLAG UP - STOCK TO WATCH

TAKE NOTE THAT THE mARKET SEEMS TO CONSOLIDATE FOR A TURN ??? bIOTECHS SEEMS TO WARM UP??
accumulation on the penny shares,, be aware of consolidation

BEWARE OF CORPORATE CON MAN AT WORK

Dowjones first support 11900,, on the test *** 12500 ** median line channel broken
elliott wave blog

THE ART OF STEALING FROM SHARE HOLDERS

As a publicly listed company we are governed by the ASX Listing Rules and the Corporations Act and as you would appreciate, there are likely to be some matters that are in the process of being finalised that may be market sensitive. In such circumstances it would not be permissible to make disclosures to you until those matters are concluded and announced to the market,, the law protect ASIC and ASX
just playing with your money

KEEP IN MIND 90 % CORPORATE AUSTRALIA ARE CRIMINAL CROOKS ALONG WITH CORPORATE LAWS
link to ART OF STOCKS MANIPULATIONS
Quote of the day: note that in this market company directors keep very low profiles?? 6 months ago they were flooding the market machine with intentions??
signs of the time?
Dowjones future forecast

ASX TAX SELLING ending soon Watch the bounce

well that a hard one ,, but get ready in case
we may have a surge?
technical speculator page

VIX reverse sharpely
TAX adjustements done??.Happy New Year?
2012 could be a slow start /pending DowJones correction?
the words are Correction.. recession ... and fears of Depression
MOST DIRECTORS ARE ROBBERS ON ASX
Dowjones in correction mode.>> next support?? correction = recession = depression ?? 3 support scenario possible?
Astute accounting taking place
link to cycles theory
WARNING SIGNALS GIVEN ON THE RISING FLAG (3 months periode)
Quote of the moment??
Buying time is upon us.... Everone is getting more and more fearful which leads me to think we are getting closer to this downturns bottom. I'll be buying more as funds free up.

USA DEBTS CEILING DEBATE? 2 august 2011

HOW WILL DOWJONES REACT????

Saturday, January 15, 2011

GOLD and the PennyShares

GOLD SUPER TOPS as 25/08/2011

GOLD CYCLE
my previous top was at 1420.. at 1500 i see it as a
super top, let' compare to some previous tops
look at the chart
correction is in the making
Lessons from Prior Gold Tops
By Parker Binion
April 24, 2011

The precious metals rally that began in July-August of 2010 looks very similar to the bull runs in gold and silver in 2005-06, and 2007-08. Let’s examine what happened at the end of those bull markets for clues on how to play the expected top in metals coming in the May-June 2011 time frame.

Here’s the end of the 2006 bull run:

have a look at this TTR
a weekly chart,
all criterias are filled??
is it a top???

END OF GOLD RUSH ??????
TTR weekly chart

1 comment:

PENNYSHAREFORTUNEJune 9, 2013 at 3:58 AM
Gold as 9 june 2013
Gold is busting ??
see article from Roubieni
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)

On June 3rd, Nouriel Roubini published an article that gained a lot of attention, where he predicted gold prices to reach $1000/oz by 2015. As the observant reader will notice, he is far from the only one being bearish on gold. As a matter of fact, his views seem to be shared by a majority of opinion leaders and investment banks.

So, will Nouriel "I predicted the financial crisis" Roubini be correct about his gold price predictions? The arguments he is providing can be summarized as follows:

1. Serious geopolitical financial risk has subsided and gold as a "fear trade" has fewer triggers

2. Inflation has remained low in spite of massive monetary easing

3. Gold earns no income

4. Interest rates will rise (increasing the alternative cost of holding no-income assets)

5. Central banks of highly indebted nations (such as Italy) may need to liquidate their gold holdings

6. Gold has been over-hyped by conservative American politicians

Just like most research published by Roubini, his analysis is highly superficial, and just in line with the mainstream view (sorry Nouriel, you were not the only one, and definitely not the first one "predicting the financial crisis").

That does not necessarily mean he will be wrong about his prediction, even though (as I will elaborate on below) his arguments are flawed. Like for any investment asset (be it gold, stocks or real estate) current price formation is determined by the public's expectations about future prices. If the majority of market players expect the price to go to $1200/oz, then the price will go to $1200/oz, as buyers will hold off their purchases in anticipation of a price decline, and sellers will continue selling as long as the price is above what they expect it to become in the future. By singing soprano in the choir of gold bears, Roubini is influencing the price expectations of the public and contributing to a potentially self-fulfilling prophesy.

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