Wednesday, August 5, 2009

August 2009 Stock Market Forecast

August 7 to September 6, 2009

The Yang Water Monkey is a strong Water Month. Equity Markets are likely to experience loss of profit and wealth. The financial market is likely to sink into more uncertainties and confusion. Most investors are likely to suffer if they have been bullish about their positions.

Favourable industries/sectors: Water and Wood

Financial Astrology:

Many planetary alignments and movements active. “Optimistic” planets might have stronger influence in first half, while second half will likely be volatile under “pessimistic” planetary influence.

Technical Analysis:

US Market: This is very confusing with 4 Alternative Elliott Wave Counts. Which Elliott Wave Count will be the correct one? Now still in wave 1 or wave 2 and when will wave 5 end? Once wave 5 end, then Phase 3 of Bear Market will start? Oops! That depends on which Elliott Wave Count is correct lor!

Read August 2009 Forecast Bull or Bear for the 3 alternate Elliott Wave Counts.

4th alternate – coming soon!

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