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S&P / DOW / STI Charts for 1Q2009 - Part 2

"Niu Zhuan Qian Kun”, a chinese proverb meaning “reversing the bad fortune and ushering in abundance of good luck and wealth in the Year of the Ox”.

Yes, though the Year of the Ox will officially arrive on February 4, 2009, positive energy for the stock market is already with us! Happy “Niu” Year 2009!

So, stock markets should be up, up and away?

Take a look at this. I found this graphical comparison of DOW Charts for 1929 vs 2008.

  1. The blue trendline is for 1929 Oct to 1930 April.

  2. The pink trendline is for 2008,

  3. The trendlines are very similar with a 2 week time-lag.

  4. The dotted black trendline is the prediction for the next few months.

Wow, the prediction for the next few months is quite in sync with my Stock Market Forecast 2009 – Yin Earth Ox.


But remember to lookout for my Crystal Ball Monthly Forecast to see when this Multi-month Bear Market Rally is likely to end. It might be earlier than as predicted above!


"Niu Zhuan Qian Kun”!

Read Part 1, S&P500/STI Charts for 2009

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