Friday, January 22, 2010

Raymond Merriman's turn dates 1/13 and 1/15-18 produced strong results - financial markets heading to cyclic low

Raymond Merriman won't produce a new set of public preview comments this weekend, due to his travel schedule. Use the "MMA weekly comments by Merriman" label to re-read his comments from last weekend, which are still relevant. The ones from the prior week deserve a re-read too. He presented his own views, which include thoughts for swing traders. Offhand, I remember an idea about mid-January highs, turning into a substantial drop into March, then another huge push up into May (and the possibility of another high in August). And then down again ... So far the financial markets seem to be on script!

So if you've got a bit of time, I do think you'll enjoy re-reading those prior posts. Happy (start to the) weekend!

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