Here are some of my predictions for the upcoming months...
DJIA - tests 11,8 again and breaks below 10,8... close on 8/15/08 was 11.659.90
Composite - flatlines between 2325-2425... close on 8/15/08 was 2452.52
EWJ - climb towards 11.75-12 and falls to 7-8... close on 8/15/08 was 11.27
FXB - recovers to 190 and falls to 160... close on 8/15/08 was 186.73
AAPL - peaks perhaps as high as 182 but turns to 150, possibly lower... close on 8/15/08 was 175.74
AMZN - continues to break out towards 120... close on 8/15/08 was 86.40
BIDU - onwards towards 380... close on 8/15/08 was 321.01
FBT - retrace to 26 and breakout towards 30... close on 8/15/08 was 27.07
GOOG - peaks perhaps as high as 520 but turns to 440... close on 8/15/08 was 503.82
GRMN - retraces to 40-42 range and breaks down to 30... close on 8/15/08 was 37.21
MSFT - retrace to 27-27.5 and breakout to 30... close on 8/15/08 was 27.81
NE - recovery towards 54 and breakdown to 42-44... close on 8/15/08 was 49.37
NILE - tops off about 50 and breaks down to 30... close on 8/15/08 was 47.96
SKF - 250 here we come!... close on 8/15/08 was 119.22
USO - retraces to 95-100 range and falls to 70 range... close on 8/15/08 was 91.80
UYG - recovers to 23, breaks down to 9-10... close on 8/15/08 was 21.48
WU - retraces to about 27 and breaks out above 30... close on 8/15/08 was 28.35
WM - tests 5 and falls under 3... close on 8/15/08 was 4.55
YHOO - recovery to 22 and breakdown towards 12
as i was posting this, i was also thinking about how this could signify oil prices going back towards $80/barrel, a long term bear market, and a pair of inflation shoes to match
DJIA - tests 11,8 again and breaks below 10,8... close on 8/15/08 was 11.659.90
Composite - flatlines between 2325-2425... close on 8/15/08 was 2452.52
EWJ - climb towards 11.75-12 and falls to 7-8... close on 8/15/08 was 11.27
FXB - recovers to 190 and falls to 160... close on 8/15/08 was 186.73
AAPL - peaks perhaps as high as 182 but turns to 150, possibly lower... close on 8/15/08 was 175.74
AMZN - continues to break out towards 120... close on 8/15/08 was 86.40
BIDU - onwards towards 380... close on 8/15/08 was 321.01
FBT - retrace to 26 and breakout towards 30... close on 8/15/08 was 27.07
GOOG - peaks perhaps as high as 520 but turns to 440... close on 8/15/08 was 503.82
GRMN - retraces to 40-42 range and breaks down to 30... close on 8/15/08 was 37.21
MSFT - retrace to 27-27.5 and breakout to 30... close on 8/15/08 was 27.81
NE - recovery towards 54 and breakdown to 42-44... close on 8/15/08 was 49.37
NILE - tops off about 50 and breaks down to 30... close on 8/15/08 was 47.96
SKF - 250 here we come!... close on 8/15/08 was 119.22
USO - retraces to 95-100 range and falls to 70 range... close on 8/15/08 was 91.80
UYG - recovers to 23, breaks down to 9-10... close on 8/15/08 was 21.48
WU - retraces to about 27 and breaks out above 30... close on 8/15/08 was 28.35
WM - tests 5 and falls under 3... close on 8/15/08 was 4.55
YHOO - recovery to 22 and breakdown towards 12
as i was posting this, i was also thinking about how this could signify oil prices going back towards $80/barrel, a long term bear market, and a pair of inflation shoes to match