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Michael Clark
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Michael J. Clark was born and raised in Sinclair, Wyoming. He is a poet, novelist, artist, historian, and market analyst. His fine arts portfolio can be found at the following address: http://www.hoalantrangallery.com/MJC2.htm His writing portfolio can be found at:... More
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Clark's Gate Timing System ©
  • END OF THE BEAR TRAP RALLY, PART ONE 2 comments
    Oct 4, 2009 11:43 AM | about stocks: RXD, SCC, SDD, SIJ, SKF, SMN

    Is the Bear Market Rally over?  It looks like it.  Why do we say that?  Our long-term trends have not gone negative; our shorter-term trends HAVE gone negative however.  Short-term trends change first, always.  Our definition of a bull market is trends that are making higher highs and higher lows.  Issues that are making lower lows and lower highs are in a bear market phase.

    Suddenly, many of our ULTRASHORT issues -- anti-stocks, that move up when the market sinks -- have turned up with, finally, higher highs and higher lows, suggesting lower prices for stocks. 

    Our Part One Instablog is going to show a trend change from Short to Long for a handful of Ultrashort issues: Healthcare (NYSEARCA:RXD), Consumer Services (NYSEARCA:SCC), Small Cap Index (NYSEARCA:SDD), Industrials (NYSEARCA:SIJ), Financials (NYSEARCA:SKF), Basic Materials (NYSEARCA:SMN),

    The other side of this coin, of course, is that if the Ultrashorts are going up finally, then stocks are heading lower.  We will show some other issues in Part II and perhaps Part III of stocks in our database that we think are going down -- where their support levels are as levels toward which they might be heading.


    Stocks: RXD, SCC, SDD, SIJ, SKF, SMN
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  • hammerup
    , contributor
    Comments (50) | Send Message
     
    Mr. Clark, I enjoyed your work here. I also took a look at your CGTS timing system writeup. I like how you simplify the noise of bar charts into line charts, and look for higher highs and higher lows, or the breakdown reverse of this. We could all benefit from reverting to simplified charting techniques, me for certain! There have been some good articles on Seeking Alpha in the last couple of days. One thing I learned from them is that the 300 billion QE liquidity pump is ending very shortly. This might be the trigger for the "correction", or the end of the bear market rally (take your pick). It's clear that we are in deep doo doo and uncharted waters here, so I believe no one can know for sure. But, trade 'em as you see 'em!
    5 Oct 2009, 08:50 AM Reply Like
  • Michael Clark
    , contributor
    Comments (11137) | Send Message
     
    Author’s reply » Thanks for your note, Hammerup. A simple chart is the best. Sometimes I try to plug in too much information -- and it confuses the message. We will see soon what happens when the rally-funding ends, if it does. The Fed is pretty tricky about who is getting its money and where that money is ultimately going. I think one of the reasons the Fed is fighting so hard for secrecy is that they think we'll dismantle them if we find out.

     

    On Oct 05 08:50 AM hammerup wrote:

     

    > Mr. Clark, I enjoyed your work here. I also took a look at your
    > CGTS timing system writeup. I like how you simplify the noise of
    > bar charts into line charts, and look for higher highs and higher
    > lows, or the breakdown reverse of this. We could all benefit from
    > reverting to simplified charting techniques, me for certain! There
    > have been some good articles on Seeking Alpha in the last couple
    > of days. One thing I learned from them is that the 300 billion QE
    > liquidity pump is ending very shortly. This might be the trigger
    > for the "correction", or the end of the bear market rally (take your
    > pick). It's clear that we are in deep doo doo and uncharted waters
    > here, so I believe no one can know for sure. But, trade 'em as you
    > see 'em!
    6 Oct 2009, 12:16 PM Reply Like
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