Stock Indices: Potential CIT Dates for June & Astro Volatility

The link below is to a 5/26/10 interview of Larry Pesavento where he says the next few weeks are similar to the Oct 2008 meltdown period as far as planetary alignments go. I don't know if he will be right but, if we're kicking off wave 3 down, a meltdown could happen any time. Crashes come when markets are in an oversold condition, however most of the time the market will rally from oversold conditions like we have now.

CIT dates for June in my work are (with scale of 1 to 10 for significance):

6/2 (1-10 scale=2)

6/7 (4)

6/14 (7)

6/24 (7)

As usual, there is no way to know for sure what will happen in the markets. I will just trade around my CIT dates and add, lighten, stand pat or reverse positions based on what the sentiment, technicals, E-waves and other patterns or fractals look like as the dates arrive.

For the Larry P interview, click on the following link to Frisby's Bulls and Bears: http://commoditywatch.podbean.com/

Or paste the following URL into your browser for a direct link to the audio file: http://commoditywatch.podbean.com/mf/web/cp3h5k/LarryJune2nd.mp3

Kim Rice 5/29/10

S&P - Potential Time Confluence 5/25/10

Tuesday 5/25/10 is a confluence of the following trading days measuring from prior swing points in SPX:

8, 13, 21, 62, 89, 161, 233, 377, 617(618-1)

and

130 = 10x13

339 = (34x10)-1

552 = (55x10)+2

5/25/10 area +/- a trading day or two is a time to be alert for possible reversal in market, albeit probably a fairly short term reversal.

Kim Rice 5/19/10

Nasdaq: 638 Trading Day Vibration

Attached are two charts of the Nasdaq showing that we have entered the time window for a potential CIT of significance. The first chart shows iterations of the 638 trading day vibration going back to the 2000 top.

The second chart is a bit shorter view showing just the last two iterations of the cycle. There are additional comments on the long-term chart regarding an Fibonacci time series that ended on 5/12/10.

Kim Rice 5/13/10

Gold: Breaking Out or Topping Out?

The blue vertical bars show a 455 trading day vibration in gold. We are currently in the window to look for potential turn and trade set-up. Additional comments are on the chart.

Kim Rice 5/10/10