Forums

Welcome to the Sanity Check forums. You are welcome to browse the public forums, but you must be a registered user to post. If you are not a registered user, then please register. If you are a registered user, then please login.

Can't contribute to a forum?

You must be a registered user to post on these forums.

Click here to register now. If you are already registered, click here to login.

The Sanity Check Forum

Forum Home

General Discussion

Wall of Letters

THE NEXT BIG LE...

THE NEXT BIG LEG DOWN IN STOCKS

bkenison

4 posts

Joined
3/8/2007

THE NEXT BIG LEG DOWN IN STOCKS
Posted: 21 Mar 07 6:20 AM

In a post on February 5, 2007, I noted that Kenison Counting Numbers were projecting that a major top for the U. S. stock market was imminent.

By applying the counting numbers sequence to the monthly charts, an important top reversal was projected to occur in a three month reversal zone centered on the month of January 2007. By next applying the Kenison Counting Numbers sequence to the weekly charts, a top reversal was projected to occur in the three week reversal zone centered on the week of February 12, 2007.

By applying the counting numbers sequence to the S&P daily and 60 minute bar charts, three day and three hour reversal zones were projected forward resulting in a confirmed daily reversal top on February 22, 2007.

The massive sell-off in U. S. stock market indexes following that top confirmed the Kenison Counting Numbers timing that a major top reversal would occur in reversal zones projected beforehand on the monthly, weekly, daily and intra-day price charts.

So, what are the Kenison Counting Numbers projecting now?

The June S&P has sold off sharply into a five wave down Primary Wave 1 bottom made on March 14, 2007. The market is now trading up into a Primary Wave 2 bearish reaction wave top point that Kenison Counting Numbers project should occur in a three day reversal zone centered on March 23, 2007. Following confirmation of a top reversal there, we would anticipate a huge Primary Wave 3 down for stocks that would accelerate sharply to the downside.

The next major monthly reversal for the U. S. stock market will occur in a three month reversal zone centered on the month of June 2007. The next major weekly reversal will occur in a three week reversal zone centered on the week of May 28, 2007. Stay tuned for further updates.

--------------

Bruce Kenison founded a publishing and seminar production company in 1976 that recently published the 5th Edition of Bruce Kenison's Market Timing Home Study Course. He is also the founder of several market timing advisory services employing the Kenison Counting Numbers precision market timing method and is the editor of Bruce Kenison's Market Timing Signals ezine and newsletter available free to investors and hedgers. For a free subscription to the ezine or newsletter and information on products and services, send a blank e-mail with "Subscribe" in the subject line to: brucekenison1@yahoo.com

Page 1 of 1

General Discussion

Wall of Letters

THE NEXT BIG LE...