So I twittered this message yesterday end of the day: Watch out! Looks like next week will decide how the month shapes up. Looks bullish. #MKT http://bit.ly/gnuC0
Well, we finished up yesterday. I thought it would be interesting to see what the average performance would look like over the next week, and next month, if over the next day the markets were up. I took the subset and here’s what I got: 4 out of 5 times, the markets ended up higher over the next week and next month . Even if you exclude the extreme outliers, or take the median, the conclusion is still bullish. (Small data sample setups like these are always suspect. But this does tend to agree nicely with a "rally till July" which I suspect is how events might be unfolding. ) Read more here: http://financialjoyride.blogspot.com/2009/05/bullish-setup.html. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
