tim wood cyclesman
posted on
Jan 20, 2010 10:36PM
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Hi all,
About right here and now Tim is seeing the general US equities topping and rolling over....this is a seasonal plus intermediate top...so it is significant...but, there will be one more rally up after this bottoms in march/april....then the key will be about how the the equities rally from that seasonal low....if they, end up in retrospect, topping sooner than 6 months and at a lower price level that is extreemly bearish...either way this sell off will be followed by more strength,,,,
Then, what he calls this rally seperating the first leg down from the second will end and the bear resume..
GLTA