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December 2008 Supplement Page
| The white line is the value of the Dow30.
The blue line in the lower right hand corner of the chart is the Near-term
Indicant's Bullish Blue Curve. As you can see, it is flattening out and
the index is approaching the "bearish green curve," which continues to
rise. Contact with the "Near-term Green Curve" coupled with a collapse of
the Bullish Blue curve will expire the Near-term Bull underway.
Most of the blue chip and large cap indices are configured
similarly to the Dow30 below. You should notice the Force Vector is now
inside bearish domains in the extreme lower right hand corner of the
chart. However, its declining cycle is relatively mature and in position
to possibly reverse into a northerly and bullish direction.
Keep in mind this is a near-term cycle and not a
projection of a long-term bullish trend shift from its underlying bearish
trend. |
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| The Near-term Indicant for the NASDAQ
offers a bit more optimism for those with bullish desires. As you can see,
its near-term bullish blue curve remains with directional intensity
consistent with a near-term bullish cycle. Although the NASDAQ as well as
most other major indices are "deep yellow bears" this near-term bull cycle
remains very well in tact on a near-term cycle basis. |
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To
see how the above are faring now, click this sentence. |
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