Tuesday, November 15, 2016

The Last Day of the Cycle

Based on the action so far, and the Timing Arrays, the trend of today should continue into tomorrow, making tomorrow an up day. 


It is the last day of the cycle, according to Bo Polny, and will be a crash day.  Now most of you know him, and consider him to be highly inaccurate.


In my assessment, Bo Polny is wrong most of the time on his minor calls, but when he is confident enough to do a youtube video, he is usually always right, and these are major calls.  He's put all his marbles into this call, so I am going to trust him one more time. 


If the market opens up, then I'm out forever.  He'll probably still get some things right, and I will keep monitoring him, but if this is a miss, we've got to expect him to be useless until proven otherwise.  Also, he's gotten back to the Nasdaq chart for this last call, and this index has been fitting his predictions the best of the major indeces.


Some of his calls are
The all time low in gold late last year, and that it will continue through the Spring
The June top
Sept 6th and 22nd were both fairly major tops
August 15 top
Dollar top on Pi (actually the day before, because Pi was a Saturday).  3.14.15 is still the all time high.


So as you can see, there is something to this.  The problem I suppose, is knowing which are the great calls of all time, and which are flat out wrong.


(Also on gold, he said it would never go below the 600 day MA again, where it currently rests, making it a buy if you're interested)


Here is the UUP dollar etf.  It might not match up 100% with the actual value of the dollar (like SLV to actual silver).  It had a nice down trend for a year and a half which was broken recently (can't stump the Trump) but remains a couple percent off the Pi High.


Please, share your thoughts if you have them :)

1 comment:

  1. start of the week I told my friend that until nov 21 we're going to break the all time high of the S&P,
    the crash will come but as we're learning it's hard to predict when. the bond market is crashing and the stock market continues the same ? :)
    I don't think polny can predict when the market will crash.

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