Brad Gudgeon - Comments
Professional Market Timer

BluStar Market Timer Investment Philosophy: The stock market is currently in a technical Elliott Wave Bear Market Rally. It has been exhibiting A-B-C type waves instead of the normal 5 Waves since the market topped in 2000. According to "The Original Works of R.N. Elliott", we are due ... more

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Why The Stock Market Rallied So Fast
2 years ago

Yes, my sentiments exactly!

Why The Stock Market Rallied So Fast
2 years ago

The best way, in my opinion, is to become a subscriber to my service. Also, buy the original works of R.N. Elliott.

Why The Stock Market Rallied So Fast
2 years ago

XYZ is like ABC only in an uptrend a bull flag where Y takes out the previous impulse. In a bear flag it is labeled WXY.

Why The Stock Market Rallied So Fast
2 years ago

The market looks toppy in here. A 10-12% pull back would not surprise me in the month of May.

Large Sell-Off In Stock Market Looming
4 years ago

We got out of our short positions in GDX today for a nice profit. We are short the SPX at 2151 expecting at least 2130 on Tuesday and a possible 2113.

In this article: SVXY, DUST, GDX, SPY, SPX, SPXL
SPX Drop Into The 2130s Expected, Now What?
5 years ago

Looking at GDX, I'm thinking this rally coming is counter trend and Oct 18 will be it. Target 26.40 GDX

In this article: SPX, GLD
Stock Market Down Monday?
5 years ago

The SPX futures are up this morning. One BIG caveat: we have yet to the see the 8 TD low and that can run +/- 2 TD. It was due Friday. The 7/14 week low runs 35/70 TD's plus or minus 10%. The 7 week low can run 38 TD's and that is due early/mid Tuesday.

The waves are hard to read, but I believe that this is a 'b' wave with 'c' to come to the down side. The 16 TD top for the SPX is due Friday/Monday.

The gold market is running as I thought.

In this article: GDX, SPX
SPX,GDX Update - September 26, 2016
5 years ago

It looks as though the large drop will be Wednesday

In this article: GDX, SPX
Big Gold Rally This Week, Stocks Down?
5 years ago

The normal Mercury Rx Cycle switched from a top to a bottom (inverted) I now expect to the top on Sept 8 near 33.50. New chart coming.

In this article: GDX, SPX
S&P 500 Down 10% Into Early September?
5 years ago

Now I'm thinking more like 6.9% into Sept 1 from the top on August 15 with another move up to the 2221/22 SPX area by Sept 20. A crash into November still looks likely to me. We could see a mini panic from August 30-Sept 1 of 6.6%.

In this article: SPX
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