Light At Tunnel End, Not New Jersey

By: Boris Chikvashvili | Mon, Jul 30, 2007
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Dear Readers, In April We projected the Markets Energy To take it into Late July Early August fall. Article name "August Again? See the future".


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Well Future is now.

We sold Market (Bought QID 0 Cents from bottom 40.63) and getting ready to buy it back. Proprietary Pressure charts indicate severe Oversold condition, which results in a 0-2 day turnaround. The Summation Graph (Earlybreakers/Latestayers) are suggesting bottoming as well)

Most likely scenario, we bottom in two stages, About now and then Early August.

 


 

Author: Boris Chikvashvili

Boris Chikvashvili
borisc.blogspot.com

In short... I was supposed to be a theoretical physicist (Russia+Jerusalem Hebrew University, MS Physics, with distinction, toyed with QUARKS). Somewhere on the road to PHD I have discovered, first the Computers - at Carnegie Mellon University (MS EE, Fathered UNIX, adopted WINDOWS), and second Finance on Wall Street.President ITI,(Computer/Finance Consulting Firm) Consulted AT&T,IBM,SUN,CITIBANK,JP MORGAN, LEHMAN, MICROSOFT. Designed/implemented Trading Systems - BLOOMBERG LLP. There is nothing more to say professionally speaking.

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