New bull, new bubble, new S&P 500 meltdown by 2012? Part 1

[Tradewithmojo]

$SPX 33-Year span targets 2015 for a bottom $ES_F HOD 1333.00 (June) "once in a lifetime" market set-up?

[mozyCLS]

nooooo i dont wanna die ;(

[Tradewithmojo]

@mozyCLS You will not die.... the Federal Government has your back. :)

[Tradewithmojo]

1-12-2009 Highs

E-mini S&P 500 1,148.00

S&P 500 1,149.74

Dow Jones 10,676.16

TRAN 2,005.30 (12-24-09)

[Tradewithmojo]

SPX 1,113.69 E-mini S&P 500 1,112.25 Plenty of people are looking at this run-up as "climbing a wall of worry". In my opinion, it is actually a mountain of worry. And mountains have another side. As Willi Unsoeld said after climbing Mt. Everest, "You've climbed the highest mountain in the world. What's left? It's all downhill from there."

[Tradewithmojo]

The blow-off top is a buying climax. It develops as the end of a prolonged uptrend. It signals a change in the nature of the trend and shows a buying frenzy. It has three features.

[Tradewithmojo]

The fast rise and its failure, shows that buyers have disappeared from the market. Sellers have to offer at lower and lower prices to achieve an exit. The close near the low of the day confirms buying and momentum exhaustion. The surge in volume is created by sellers as they become desperate to get out of the stock. The volumes urge does not come from buyers.

[Tradewithmojo]

$977.50 to start the morning off again.

[Tradewithmojo]

(8-7-09 Failed SPX 61.8% Fib 1,012.77 test)

Make the most of this new bull. Then get out -- before you're the collateral damage.

[Tradewithmojo]

SPX HOD 1,018.00

DJIA HOD 9,437.49

[Tradewithmojo]

Tudor Investment Corp., the $10.8 billion hedge-fund firm run by Paul Tudor Jones, said equity markets could decline later this year, creating buying opportunities.

[Tradewithmojo]

SPX HOD $996.68

DJIA HOD 9,246.42

[Tradewithmojo]

Royal Dutch Shell Plc, Europes largest oil company, plans to reduce capital expenditure by about 10 percent next year, saying the economy wont recover any time soon.

Capital spending will drop to about $28 billion in 2010 from as much as $32 billion this year, The Hague-based Shell said today in a statement as it reported a 67 drop in quarterly earnings. The company, which has cut senior management positions by 20 percent, said further staff reductions are likely.

[Tradewithmojo]

This week GOLD high $960.00 and low today $927.60 7-29-09

[Tradewithmojo]

7-27-09 Oil Price $68.97

7-29-09 Oil Price $62.70

[Tradewithmojo]

$GLD MFV is holding it down $91.21 and for Aug it is projected to be at $92.79 which will be the new bull / bear line.

[Tradewithmojo]

Dollar over WFV now $79.805

[Tradewithmojo]

Monday, July 27th 2009 @ 1PM EST the Market tops out at $984.00.

[Tradewithmojo]

Foundations cyclical trading signals accurately forecast seven of the most crucial turning points in the Dow since 1982

[Tradewithmojo]

I hope you saw my gold alert: GOLD $960.00 LOD $936.50

[Tradewithmojo]

STAGFLATION Barron's Cites D.B. Root President, Carrie Coghill Kuntz, as One of the Top 100 Independent Financial Advisors in the U.S

[Tradewithmojo]

The real theme is the divergence between earnings and revenues." -Steven Ricchuito, Mizuho Securities

[Tradewithmojo]

S&P 500 MC Rating 98.80 / 97.03 which is still bullish NO crossover.

Dow Jones MC Rating 98.36 / 97.29 which is still bullish NO crossover.

[Tradewithmojo]

6-15: 9.80 billion shorts / 7-17: 9.98 billion shorts and in August we will be over 10 billion shoring the SPX.

[Tradewithmojo]

Warning! The last time the S&P500 daily MC rating was over 90 was on 10-12-07 when it was at 95.03 and we hit 1,578.09 then tanked to 666.79. On Friday, July 24, 2009 the MC was at 94.92 with the HOD at 979.79

[Tradewithmojo]

10 days we have been over the DFV and for Monday it is at $966.18 do NOT let it get under this if you are long.

[Tradewithmojo]

Keep an eye down the road at 10-14-08 highs $1044.31 level.