Thursday, April 12, 2012

Web-Bot: WWIII in May - 9 Month Cycle Low - Speculation is building as to just when the world-ending fighting will begin (if it does, at all) ... April 23rd with what most experts agree ... Russia is massing troops on Iran’s northern border waiting for a Western attack.

... The more immediate problem will be in this April 23 to end-of-May period. If, as I expect, the US markets open up today, but sell off by the close tomorrow, then we could be headed for a test of 1,300 on the S&P fears my friend Robin Landry.

If the S&P fails key support there, and recent Dow levels were already down to equivalent levels this week despite the S&P having much further to go, then we have the spectre of breaking through key support at 1,300.

If that happens, Wall Street with need a scapegoat …

The 9 Month Cycle Low is due end of April - early May.

9 Month Cycle aka 40 week Cycle = 185 TD = 38 Weeks = 8.6 Months (approximately).