S&P 500 To 2,500 Pts

Buy the dip, if you believe the next chart. Because you wont be able to stop this rally!

The action by the NYSE Summation Index has been simply outstanding, the rapid rise to +1200 in quick time suggest that what happened 3x before is about to happen again. Ignore the negative news, the SP500 will print 2,500 in the next few years if not months. 

The above statements is what you should agree to if there is to be QE 4,5,6. We are not so sure, more time is required to believe the above. Of course the magical move higher by the NYSE Summation Index could by the hands of the central planners by buying the correct stocks with their magical machines. Watching and waiting.

(Click on image to enlarge)

Investing Quote...
 

..“The power to determine the trend of the market is due to my knowledge of the characteristics of each individual stock and a certain grouping of different stocks under their proper rates of vibration. Stocks are like electrons, atoms and molecules, which hold persistently to their own individuality in response to the fundamental Law Of Vibration"…."After exhaustive researches and investigations of the known sciences, I discovered that the Law Of Vibration enabled me to accurately determine the exact points to which stocks or commodities should rise and fall within a given time. The working out of this law determines the cause and predicts the effect long before the Street is aware of either”. - William D Gann

..“If it’s obvious, it’s obviously wrong.”.  - Joe Granville

.."The first rule is not to lose. The second rule is not to forget the first rule". - Warren Buffett

.."October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.". - Mark Twain

..“Because of the extreme challenge, one must commit full attention to it.” Market speculation is “no different than trying to be a successful doctor or lawyer … you simply must devote yourself full-time to the study of your craft”. - Bernard Baruch

We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a ...

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