The 2007 violent sharp downward move happend on Oct.29th which signal the bear market that eventually ended and bottomed on March, 2009. From the beginning of the bear market crash to the bottom the timeframe was 17 months roughly. The pattern is pretty much the same for all markets Dow Jones, Nasdaq and S&P 500.
That said, this time around in 2011, the big one day drop that started this new downtrend started on July 27th, 2011…roughly and if it may possibly take 17 months to see the next bottom that date is approximately around the December, 2012 time-frame. However, with the markets you never know and it is extremely hard to determine.
Who knows it could in January 2013 or it could happen in mid 2012 , it any case it would be conveniently happen after the November U.S Presidential election in November, 2012. Also, not that the end date of the Mayan calendar also falls in December, 2012 (to be exact December 21, 2012). This is the day that the world is suppose to end. Yikes!
I think there is going to be crash in October 2011, then Ben Bernake will print more money to prop and create a fake stock market rally which will support the illusion of an economic recovery, this is to help support Obama for his Nov. 2012 re-election.
The American government and Federal Reserve has been the biggest market manipulators in the last decade, people who think the stock market is rigged are right…rigged by your own government. In any case, if you know how to read the tea leafs, you can benefit from it. For instance, if you agree with my analysis and think the market will head down, you can always hedge with financial instruments that profit when the stock market goes down.
Please read my disclaimer. Not responsible for your actions to invest or trade.
by Das Brain
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