Wednesday, March 18, 2009

Wave Patterns Emerge Again ...

A rudimentary historically-based wave calculation shows BAC as finding at least some kind of major peak at around 8ish, but this could easily become a 10+ dollar stock since there has been so much mechanical future-pressure applied to hold it down against current forces which are not understood anymore - if the current forces turn out to be "strong-positive" then a huge pop will occur if the future-fear-forces are removed - this is true for a lot of stock right now - I just use BAC as an example since it is such a huge one which may be partially-fundamental to our economy and recovery - the same would be true for GE XOM WFC etc etc etc...

The market is now presenting normal signs of a healing set of patients who just found hope together and they’re all forgetting about their terminal or debilitating illnesses or conditions for a night of pain-deference, smiling, and dancing – but when the party ends and patients have a chance to rest then wake up; some will have backs that hurt – some won’t be able to get back out of bed again easily or at all after the big sleep-off – others will be stronger from the activity – it will have helped their failing bodies heal and stimulate internally with endocrine-like exercise-factors so to speak – ie strong companies are building internal confidence among their ranks while dancing to the current market tunes with astute, agile, accountable, and admirable composure …