R.S. of Houston Workshop
Tel: (281) 286-9736
http://www.rsofhouston.com
Marketing mail:
"First, the market is very negative and has a lot of downward
momentum and the decline angle is very steep. Overall the rallies
will be sold into and for the most part be false and abortive,
but there will be some bear market rallies and They Can be very
Wicked Spikes up Like Sept 18th & 19th and Oct 13th & 14th &
28th..
We are now into our area and pattern looking for a sell. If we
take out today's Monday Nov 3rd low, it will signal a possible
leg down. It also has the possibility of a large down move, but
at the very least a test of the 870 to 900 level would be in The
cards. Many of the TV analysts are cheering the bottom is in and
saying it's time to get Bullish and all the negative factors are
priced into the market....
Just remember this for all you who are looking at the long run
and managing your 401Ks /retirement accts. and Investments. There
are still a lot of problems that have not surfaced yet, other
shoes to drop so to Speak. The Powers that be (the Fed and
others) may just know this and that's why they are desperately
taking The measures that they are. Drastic and Many.
Also remember, Where is the Engine that will drive the new bull
market if we ever get one in the coming years? It won't be the
housing / real estate Boom like we've had, That's been played out
for possibly decades. The free flowing credit to anyone who can
Fog a mirror days are gone.
So where will the next stock market bull come from? Where will it
get its legs so to speak to run?
That's the Proverbial $64,000 question (now a million on 'Are you
smarter than a 5th grader', with inflation added in) It's just
not Going to be there. The world as we knew it is gone. A new
valuation of all things or a new paradigm. Well, This is just
Backdrop of what our simple patterns will telegraph. If you look
on the Monthly and Yearly Charts on the Stock Indices, Our
patterns will be very clear on where we came from, where the top
was and where we are most likely going. Its not pretty, And our
patterns show us the long term possibility of going to about Dow
5000 to 6000 pretty easy. Will it happen? Nobody Knows, but the
patterns are showing this a very real target.
For the short term, we are in our Sell Zone now and so you should
Be looking to surf the new wave that is coming. Be prepared. Be
realistic and protect your investments. That's our advice to All
you who follow us.
The big question is: Will the leg down be for 2 to 3 days or a
week or two? We don't know, so we let the Market dictate how we
manage the trade. In any event we don't see a sustained rally,
There is also the possibility of a crash from here, so we don't
discount that If you don't know this, remember crashes occur not
from overbought areas, They occur when markets appears oversold
and then the trap door falls out.
There will be some sharp bear market rallies, but the patterns
telegraph what's really happening and that's what we see until it
changes. Remember, no one knows for sure where a market is going,
so when taking advantage of these trading ideas, always use good
money management. That's where we excel, very tight stops when
We initiate trades. They either go your way right away or not......
Tel: (281) 286-9736
http://www.rsofhouston.com
Marketing mail:
"First, the market is very negative and has a lot of downward
momentum and the decline angle is very steep. Overall the rallies
will be sold into and for the most part be false and abortive,
but there will be some bear market rallies and They Can be very
Wicked Spikes up Like Sept 18th & 19th and Oct 13th & 14th &
28th..
We are now into our area and pattern looking for a sell. If we
take out today's Monday Nov 3rd low, it will signal a possible
leg down. It also has the possibility of a large down move, but
at the very least a test of the 870 to 900 level would be in The
cards. Many of the TV analysts are cheering the bottom is in and
saying it's time to get Bullish and all the negative factors are
priced into the market....
Just remember this for all you who are looking at the long run
and managing your 401Ks /retirement accts. and Investments. There
are still a lot of problems that have not surfaced yet, other
shoes to drop so to Speak. The Powers that be (the Fed and
others) may just know this and that's why they are desperately
taking The measures that they are. Drastic and Many.
Also remember, Where is the Engine that will drive the new bull
market if we ever get one in the coming years? It won't be the
housing / real estate Boom like we've had, That's been played out
for possibly decades. The free flowing credit to anyone who can
Fog a mirror days are gone.
So where will the next stock market bull come from? Where will it
get its legs so to speak to run?
That's the Proverbial $64,000 question (now a million on 'Are you
smarter than a 5th grader', with inflation added in) It's just
not Going to be there. The world as we knew it is gone. A new
valuation of all things or a new paradigm. Well, This is just
Backdrop of what our simple patterns will telegraph. If you look
on the Monthly and Yearly Charts on the Stock Indices, Our
patterns will be very clear on where we came from, where the top
was and where we are most likely going. Its not pretty, And our
patterns show us the long term possibility of going to about Dow
5000 to 6000 pretty easy. Will it happen? Nobody Knows, but the
patterns are showing this a very real target.
For the short term, we are in our Sell Zone now and so you should
Be looking to surf the new wave that is coming. Be prepared. Be
realistic and protect your investments. That's our advice to All
you who follow us.
The big question is: Will the leg down be for 2 to 3 days or a
week or two? We don't know, so we let the Market dictate how we
manage the trade. In any event we don't see a sustained rally,
There is also the possibility of a crash from here, so we don't
discount that If you don't know this, remember crashes occur not
from overbought areas, They occur when markets appears oversold
and then the trap door falls out.
There will be some sharp bear market rallies, but the patterns
telegraph what's really happening and that's what we see until it
changes. Remember, no one knows for sure where a market is going,
so when taking advantage of these trading ideas, always use good
money management. That's where we excel, very tight stops when
We initiate trades. They either go your way right away or not......
