Board logo

标题: [转贴] The Most Important Trading Day of the Year [打印本页]

作者: 何鸿燊    时间: 2011-10-28 18:08     标题: The Most Important Trading Day of the Year

Submitted by Jeff Clark on Thu, 10/27/2011

Monday marks the last trading day [2] for October. How the market [3] closes on that day will tell us a lot about where we're headed for the next several months.

Longtime readers know I use the 20-month exponential moving average [4] (EMA [4]) to identify bull [5] and bear markets. If the S&P 500 is trading above its 20-month EMA, stocks are in a bull market [6]. If the index [7] is trading below it, the bear [8] is in control.

As you can tell from the following chart... last month, the S&P 500 closed below its 20-month EMA...

sp500.gif


Even though, according to this chart, stocks entered a bear market [9] at the end of September, I was still willing to buy into the stock market in early October in anticipation of a year-end rally. You see, each of the previous times the S&P broke the line to the downside, stocks always rallied back up to "kiss" the line from below. I expected we'd get that "kiss" this time as well, and it could lead to powerful gains in just a few months.

It only took three weeks.

Now we're at a critical point again. The S&P 500 is currently trading about 20 points above its 20-month EMA. If it can hold this level until Monday and close above the line, all the stock market weakness of the past few months is likely to turn out to be just another "whipsaw [10]" moment – similar to what we saw last year – and we can look forward to higher stock prices over the next several months.

On the other hand, if the S&P 500 closes below its 20-month EMA on Monday, the chart is going to look horrifically similar to the action in 2001 and 2008. That action led to declines of 37% and 46% respectively for the S&P during those bear markets.

No matter whether you're leaning bullish [5] or bearish [8], Monday is likely to be the most important trading day of the year.

Chart of SPY.png

图片附件: sp500.gif (2011-10-28 18:08, 17.59 KB) / 下载次数 21
http://huarenv5.com/forum/attachment.php?aid=480874&k=81ae9ddc70b534e9673a8149dcc45172&t=1731192246&sid=grGaNO



图片附件: Chart of SPY.png (2011-10-28 18:09, 48.76 KB) / 下载次数 21
http://huarenv5.com/forum/attachment.php?aid=480875&k=de1a2bb51f64ede24e2e0631f4e6f1d9&t=1731192246&sid=grGaNO


作者: tfmegatron    时间: 2011-10-28 18:10

close at 1300+ for Oct...
作者: 看彩云伴海鸥    时间: 2011-10-30 10:55

Submitted by Jeff Clark on Thu, 10/27/2011

Monday marks the last trading day [2] for October. Ho ...
何鸿燊 发表于 2011-10-28 18:08


我看这第三浪有可能到1500去。
作者: 何鸿燊    时间: 2011-10-30 17:42

回复 3# 看彩云伴海鸥


nya.png

rut.png

xeu.png

vix.png

dow.png

图片附件: xeu.png (2011-10-30 17:42, 65.6 KB) / 下载次数 20
http://huarenv5.com/forum/attachment.php?aid=482510&k=a35a961031f616dd5f9e4f70a5ba6f9f&t=1731192246&sid=grGaNO



图片附件: dow.png (2011-10-30 17:42, 47.95 KB) / 下载次数 22
http://huarenv5.com/forum/attachment.php?aid=482511&k=3a3a175e538470eb2add071446fd8320&t=1731192246&sid=grGaNO



图片附件: nya.png (2011-10-30 17:42, 69.1 KB) / 下载次数 25
http://huarenv5.com/forum/attachment.php?aid=482512&k=ef2ec56b2e220db5c8f93bbfac9fff03&t=1731192246&sid=grGaNO



图片附件: rut.png (2011-10-30 17:42, 80.85 KB) / 下载次数 20
http://huarenv5.com/forum/attachment.php?aid=482513&k=bc26baf9b38b27bf82e53b0539124133&t=1731192246&sid=grGaNO



图片附件: vix.png (2011-10-30 17:42, 47.39 KB) / 下载次数 28
http://huarenv5.com/forum/attachment.php?aid=482514&k=807048bc53c98b2c884dc34866f9ca24&t=1731192246&sid=grGaNO


作者: 看彩云伴海鸥    时间: 2011-10-30 19:55

牛眼看牛,熊眼看熊!
No matter whether you're leaning bullish [5] or bearish [8], Monday is likely to be the most important trading day of the year。
作者: dvork    时间: 2011-10-30 21:52

看看周一表现,该割就割吧
作者: not4weak    时间: 2011-10-30 21:56

看看周一表现,该割就割吧
dvork 发表于 2011-10-30 21:52

你说割? 割什么?
作者: dvork    时间: 2011-10-30 22:01

回复 7# not4weak


割那些七月种的股票
作者: not4weak    时间: 2011-10-31 15:54

老何v5!!!!!!!!!
作者: seagal    时间: 2011-10-31 15:58

继续抄底。。。越来越便宜了。。。
作者: 何鸿燊    时间: 2011-10-31 16:28

回复 9# not4weak


这可不是偶干的。其实是海娃弟弟楼里的重型MM发威了!


http://www.chineseindc.com/forum/thread-171709-1-1.html

http://www.chineseindc.com/forum/thread-171709-1-1.html
作者: seagal    时间: 2011-10-31 16:46

别怕,王朔小痞子翻不了天,明天继续涨。。。这个year end rally是MM白送钱,我是大胆持有,吃的饱睡的香。。。
作者: not4weak    时间: 2011-11-1 22:16

别怕,王朔小痞子翻不了天,明天继续涨。。。这个year end rally是MM白送钱,我是大胆持有,吃的饱睡的香。 ...
seagal 发表于 2011-10-31 16:46

今天又买了么?




欢迎光临 华人论坛 (http://huarenv5.com/forum/) Powered by Discuz! 7.2