SEPT 21/23 TURN BUY N HOLD WARNING
The chart posted is that of what and why I wrote The buy and hold crowd will remember this date . it is that of Berkshire Hathaway class B . I saw that in Jan 2022 we made a High as did the QQQ n SPY in which I wrote in detail 12/8/2021 2022 THE YEAR OF 20%PLUS CORRECTION calling for the drop into the 20 10 4 2 year cycle low and that the drop would be into 3511/3490. But when I saw BERK/B making a higher high into march 29 I knew it was showing me The real buy and hold crowd . and that a shift and a higher would confirm a true top . and based on the fib ratio in time and spirals we would see the non confirmation signal before the BEAR MARKET would be in force . that date was sept 21/23 it came in only 1.5 days early. So the Crash cycle I talk about in history is 55 to 62 days long and in 1929 it was 72 days . this gives me a date of nov 13 plus or minus 2 . Which is also the golden ratio spiral from sept 21 2001 22.14 years F 22 But why sept 21 and not sept 11 2001 The markets were closed until sept 21 sept 11 22.14 is 11/3/2023 and is Not 55 days BUT 11/13/2023 is exactly 55 days and the alt date 11/21-23 .WHERE DO WE GO FROM THERE . I stand by the BULL MARKET from 2009 and odds are now very high from 12/4 1974 ENDED 1/13/2022 and that My call into 10/4 to the 20 focus on the 10th came in on 10/13/2022 WAS WAVE A SUPER CYCLE BEAR PHASE AND HAVE NEVER CHANGED MY VIEW THE RALLY WAS SUPER CYCLE WAVE B. Jan 13 2024 is a LOW not the final Low that is march week 10th to the 16th From there you will get a major BEAR Market rally again The final low NOV 14 2024 target is 2250
Komentarz:
11/13/2023 is f 25 8088 days from sept 21 2001 the day the markets opened after 9/11 attacks and was a bottom within the bear market from 2000 peak march/april 2000 to the low oct 2002 . March 13 2023 was an exact spiral from june 13 th low 1949 that gave us the wave B rally
Komentarz:
If the market fails to break above 4569 by nov 27th I see a drop of over 830 sp points into jan late as for BERKB the chart posted above fails to rally above 365 on a close basis by nov 27 th and turns down it should also drop well over 60 points to just at or under 300
Komentarz:
I have now moved to a 90 % long PUTS all targets hit today into the 55 day turn 393.1in QQQ 4569 high was 4568 I am also long vix and short svxy now and tlt long us $ 103.5 as well