Saturday, January 30, 2010

Price and Time: insights into the financial markets' surprising moves, plus inconvenient truths

Folks - the markets have gyrated from significant price and time areas for almost two weeks. These "surprising" moves have been forecast or expected in advance by various methods presented here; especially when some of them have converged. These methods also help us get a handle on how to trade, what it means, when to ve alert for changes. Now, after our mid-January trend change, we're in process I'd analyzing whether the markets proceed to re-test SPX 667 and the like. Or do we still expect new highs in May? Methods used to be aware of this have included cycles, Elliott Wave, classic technical analysis, Fibonacci and T Theory. Some of which I'm able to provide myself, and a great deal also shared as a free aspect of talented analysts in their areas of expertise - listed in the sites list at right, and posted here periodically. I'm glad that readers can get exposure to these great resources. I frankly recommend that readers go ahead and subscribe to the paid services of those analysts that "click" in a way that helps you to get a better grip on your trading plans. Maybe that's Andre Gratian's technical analysis, ChartsEdge's analysis of different time frames, Tony Caldaro's OEW tutorials, Ray Merriman's cycles services - any one or more that work for you.

Okay, now there's another I'd like to recommend. Gann analysis is a great method dovetailubg well with the other methods (and creates beautiful charts). Andy Askey with his PTV-Investing is one of my personal favorite sites. His charts always help me see the big picture better - and I've appreciated that he remained positive on the rally even while others were too bearish. Interestingly, he even provided a view of the dollar showing why it may indeed make a new low in May - right when Terry Laundry's T Theory, and Ray Merriman, say we should be prepared for the stock market to make a surprising new high. Today's news is that Andy is taking his analysis over to his paid subscription model. It's very reasonable - $105/year - so I'm sharing this news with my readers. A good price for objective and very detailed Gann analysis on various markets on the various time frames! My personal motives for touting this are two-fold: first, to share the news so readers eager for great Gann charts across markets and time frames can get on this good deal. Second, let's make sure Andy gets enough remuneration for his great work, so he keeps generating this work!

Below are - a post I made Jan. 15 at my UBTNB3 blog about Andy's big-picture view of the dollar. And then, Andy's description of his Gann charts services; so you can see why I'm recommending this:
Andy Askey posted a great US dollar chart a month ago that's well worth reviewing. At Weekend Outlook – 13Dec09 - PTV-Investing.com, http://ptv-investing.com/blog/2009/12/14/weekend-outlook-13dec09/.
Here's a quote with his big-picture view of the US dollar - notice the time significance of May 2010 - so his guess makes sense to me, as May is also a potential equities market high according to cycles and T Theory (with an echo high in August even if only marginally higher).

The 1992-2001 bull market cycle in the US Dollar has provided a usable cycle in the following correction. The 1/4 line prompt a selloff while the 1/2 cycle put in a top. The 3/4 line put in a bottom while the 7/8 line (not shown) put in a top. The 100% cycle time is next May which could put in a long term low for the US Dollar. (That is just a guess.)
US Dollar 1992-2001 Gann Fan


Andy Askey will continue to provide his brilluant Gann analysis charts and associated unbiased commentary via his PTV-Investing.com, as described at http://ptv-investing.com/blog/subscribe/
Here's how Andy describes his subscription service:

In addition to the free charts and analysis, subscribers receive:

  • More Detailed Weekly Price/Time workups of SPX, DOW, NDX, and VLE
  • Detailed SP500 Index Roadmap
  • Industry and Sector Workups (Financials, Technology, Energy, Commodities, Retail, Housing)
  • More than 145 Individual Charts Updated Weekly
  • Top Stocks Per Sorted Industry
  • Best Stocks in any Industry with links to Individual Charts
  • Gann Angles, Time Cycles, Square of Range, Square of 90, Square Root Price Progression
  • Nasdaq, ValueLine Arithmetic, and SP500 Swing Charts
  • Market Internals with Short Term Analysis
  • Responses to Specific Questions about Charts and Analysis
  • Request Specific Timeframes or additional Index Workups (if data available and request covers a valid timeframe)

Subscription rates:

TermCostCost Per Update
52 weekly updates$105$2.00
26 weekly updates$65$2.50

2 week Trial

Follow up the trial with a 52 week subscription and receive 60 weeks for the price of 52

$15

$2.00

For those purchasing a 52 week subscription during the trial

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