Wednesday, October 26, 2011
Almost there 10-25-2011
Our Very Own Market has rallied to 61.8% of its retracement in just 3 weeks time, ahead of schedule from our target time of 2months average.
With this kind of behavior, I remember certain rallies which are temporary on top of their 52 week highs, and never got a chance to stay their for weeks time. Even though this rally will go much higher or will be the end of Primary Wave B. Our own money making play can now be ended, as seen above( projected), compared to below(actual), we already achieved what we want to earn this is Bear Market Rally, or whatsoever you call it. its already 12% Gain. 12% Gain in 3 weeks time? Anyone should be happy, this is the strongest rally in 3 weeks time since 1991.
Before I end this Money Making Play of the Quarter posted last August. I still see U.S. able to rally back to 12800, but I put only 20% of that scenario to happen, 80% goes to the bearish doom and gloom scenario that its only a "haux rally", for big fund managers to exit the market.
Congratulations to those who followed! More power to our future money making plays. If the 80% Chance that markets will dip further in the following months, Money Making plays will be surely posted in this blog site. Enjoy!
PD: 10/24/2011 - out 25%
10/25/2011 - out 25%
remaining 50% im planning to get out VERY SOON.
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