Pigcaso Paints a Tape ~ The Risk Averse Alert

Monday, December 13, 2010

Pigcaso Paints a Tape

Here is an unchanged view of five waves up from November 30th bottom...

OEX 5-min

Once again today relative strength sank to challenge its November 30th low (just like last Tuesday). Thus, another fourth wave is thought forming (as was forming last Tuesday). Just one more coat of paint, then, and five waves up from November 30th will be complete.

Fast Money
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Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

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