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Thursday, February 4, 2010

February 2010 Stock Market Forecast

February 4 to March 5, 2010

This is the Yang Earth Tiger Month. First half likely to be weak, likely to see strength second half.

Favourable industries/sectors: Wood and Earth

Financial Astrology:

First half likely to be weak, second half likely to be positive.

Watch these dates:

February 14 – New Moon, Chinese New Year

February 28 – Full Moon

Technical Analysis:

US Market: Phase 3 of Bear Market, Wave 1 started. Minor Wave 1 completed, wave 2 up in progress, next is Wave 3 down. There is a potential Head and Shoulder pattern in the S&P 500. Watch out!

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DISCLAIMER: All contents in this blog are for educational and informational purposes only and should not be construed as investment advice regarding the purchase or sale of stocks or any other investments. Please consult with your financial advisor before making an investment decision regarding any mentioned investments.
I assume no responsibility for your trading and investment results.
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