This blog is about how the world stock markets perform and which way they will take next.I have developed my own technical tools during 30 years to give the investor early warnings for coming big changes in the main trends and for the trader to take positions before the markets react. Click all charts.
12/05/2013
SP500, DAX and SWED from 2004 until close Friday. Take some time and really look at these three similar diagrams. SP500 is outstanding. Can you imagine that you bought SP500 Mar 2, 2009 at 686 and still hold it Friday close at 1.632. Your profit today would have been 238 percent during these four years. When this uptrend end my goal is to short that top and not buy it back until my target is reached on downside a few years later. This is the optimal profit and if you read the article below this is what you want to do because the computer trading takes all other ways of trading to a loss for you. I am putting my whole time to follow SP500 16 hours per day because I want to find this top. How long time it will take I do not know and I expect myself to be wrong many times. But I will find it. The end of this bull market is not far away.
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