Over the past 3 months or so I have talked about the Yearly Model Forecast and the dates it calls for either highs or lows.
While the model cannot be used to predict price, it can predict time and also the possible characteristic of the move from date to date.
The dates for the model are as follows:
LOW - 3/14
HIGH - 6/13
LOW - 8/23
HIGH - 9/28
From this point the model shows a very sharp decline from 9/28 to 10/16, with the final low for the year coming in on 11/2.
From 11/2 until the end of the year, the trend should be up, with a very strong December.
So to go over all the dates again -
3/14 Low
6/13 High
8/23 Low
9/28 High
11/2 Low
12/30 High
We shall see how it plays out, but so far this year the results have been quite good.
I will post a chart with the dates on it on Friday.
Friday, October 5, 2007
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