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Dec 17th, 2010: Blog Announcement

Posted by pugsma on December 17, 2010

6:20 pm EST:  Going forward into the end of 2010 and 2011, the majority of my blog posts will become premium service, password protected for at least one week.  This includes the popular EOD (End of Day) blog posts.  This is being done to provide more value added premium content to paying subscribers.

For any new premium subscriber, I’m offering the final 2 weeks of December for free if you sign up for a 2011 quarterly ($75) or annual ($240) subscription.  Follow this link to sign-up.  Thanks.

Here was my SP-500 market prediction (Price = 1251) for end of 2010 made on Sept 1st, 2010: Here is the Link to the Post Titled – Bull Run.  This was quite a Christmas gift to my loyal followers.  Enjoy!

Just like the poor white bear in this Music Video by “Rise Against – Savior”,  I’m been trying my best to save the perma-bears from the fate of losing their money shorting the bull market in 2009 and 2010.  Enjoy…

Sept 1st, 2009, 4:50 EST:  The primary count is that the SP-500 is still in a 4th wave triangle of iii-(1) here at the end of today and I’m looking for the 5th wave of iii-(1) to hit 1086 tomorrow.  The 20-day and 50-day SMA is 1081 and is providing resitance here.  There is also a potential inverse head and shoulder pattern on the 15-min chart with neckline at 1081 (as my good buddy Springheel_Jack pointed out).  The target is 1122 for this IHS.  This is right at the 1121 gap area.  There is also a larger IHS on the 60-min chart with neckline at 1131 and target of 1251.  It looks like we could do an fashioned boot-strap jump from one IHS to another and break 1081 then 1131 and head to 1251 by the end of the 2010.

SP-500 Daily Chart (9-1-10):

12-18-10, 3:20 pm EST:  And now where does the SP-500 stand on Dec 17th, 2010?  That’s right 1243.91, with a recent high of 1246.73.  Where is the SP-500 going for 2011?  Next important areas to watch are the 1257 and 1315 pivots over next few weeks to a month.  From this area we will determine if  the Primary Count, Secular “Bull Model” is full force for 2011 and 2012 or if the recently proposed Market “Neutral Model”, Cyclical Bull-Cyclical Bear has any chance of playing out going into 2014.

SP-500 Daily Chart (EOD 12-17-10):

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