The Standard & Poor’s 500 Index will rally back up to “mid-2008 levels,” in part because conditions resemble those at the end of 2004, when shares gained almost three more years, said MKM Partners. Insights on how to effectively predict these critical market moves will be provided at Golden Networking’s Advanced Market Timing Experts Workshop 2011, "Master Market Timing with the Leading Technical Analyst" (http://www.AdvancedMarketTiming.com), March 21 & 22, Singapore, and March 24 & 25, Hong Kong.
As reported by Bloomberg, the S&P 500 broke to new highs at the end of 2010, just as in 2004. In both years, the index’s Moving Average Convergence/Divergence line, calculated by subtracting the index’s average level during the past 26 months from the average over the past 12 months, rose above zero and its stochastics chart shows usually strong momentum. The similar pattern suggests the current bull market may have more room to rally, said Katie Stockton, MKM’s chief market technician. "The uptrend is equally mature" as it was at the end of 2004, Stockton wrote in a note dated Jan. 2. "We are thus encouraged by the ability of the market to extend its uptrend from 2005 through 2007 and would not be scared away from the market simply because it has already seen two years of impressive gains."
Advanced Market Timing Experts Workshop 2011 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant and Columbia Business School MBA Edgar Perez. Upcoming Golden Networking's Forums and Business Receptions include:
· Modern Derivatives Trading Experts Workshop 2011 Hong Kong, "Trading and Hedging with Interest Rate and Currency Derivatives" (http://www.ModernDerivativesTrading.com), March 31 & April 1, Hong Kong
· High-Frequency Trading Leaders Forum 2011 New York, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World" (http://www.HFTLeadersForum.com), May 16, 17 & 18, New York City
Golden Networking has compiled the insights of top experts and industry practitioners and produced DVD Video Packages for its Leaders and Experts Forums, including:
Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to email@example.com. Golden Networking has been frequently featured in the press, including recent articles in The Wall Street Journal, "Happy Hour for High-Frequency Trading", The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections", Los Angeles Times, "Speed-addicted traders dominate today's stock market", Reuters, "Revamp looms as trading experts huddle at SEC" and Columbia Business School's Hermes Alumni Magazine, "10 Under 10".
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