Bulls are being ignorant to pre-election seasonality. First 1-2 weeks of August:

2007 (-11.9%)... 2011 (-18%)... 2015 (-12.4%)... 2019 (-6.8%)...

All these drops came swiftly with little retrace in the beginning of August last 4 pre-election years.

MJMassens2570 said:

Bulls are being ignorant to pre-election seasonality. First 1-2 weeks of August:

2007 (-11.9%)... 2011 (-18%)... 2015 (-12.4%)... 2019 (-6.8%)...

All these drops came swiftly with little retrace in the beginning of August last 4 pre-election years.

Two feints in two days , one to mesure sentiment which is supposed to be from market participants on July 27 which was very weak , and one to deceive on July 28 by those in the know of things . Market sentiment is supposed to be what determines the stock market direction , what a joke! Market sentiment is not from market participants but from market manipulators who have the most money and are pumping this thing up and down . It is an house of cards about to crumble. They know it!!! They will be acting as a wolf pack like always, because they are only a few of them and they control most of the money . They know each other’s and after having pushed this thing to an extreme, they are about to unleash in four or five days a reap the benefits thing like you have rarely seen!!!

Last updated 1 year ago

Outstanding,confirmed upside projections: 1) @NQ daily 482.3/530.5 median offset at $16,251.25-$20,375.25, 2) @NQ.D daily 482.3/530.5 close offset at $16,303.75-$20,378.75, 3) @YM daily 96.8/110.6 median offset $36,022-$37,533. 4) $INDU weekly 100/110 median offset $36,314.63-$39,221.99. Am I the only one seeing these?

Looking at your NDX ratio chart there is still room for it to go up and maybe few weeks away. we will find out next week. Most likely top will be 8th August.same setup as Nov top. Huge spike up and kill shorts?? Get Bulls frothy at same time??? there is the other thing could be October top, Boyz will need to do distribution first

BTC leads and it's still not heading south

In this raging bull market, it would be stupid trying to short this strength. Time to be bear was last year and that was it. Continue to be a bear and you will be the source of short squeeze. Peter has lost, there is no 20-30% bear market crash coming. It has come and gone. Look at the price action. Look at the breadth getting better and better. Every week things look better. Peter and his bear friends come with new vudoo data to justify this crash coming! I actually want 10% or more correction to put more $$$ in this market, but who know if that will come next month or next year. Listen to ciovacco capital, listen to Larry Williams. More constructive, not just wishing a crash because we are not supposed to!

kwmurphy2939 said:

This is not my board, it's Peter's. But there are a few things I feel I need to say. This has been dissapointing since I joined in Feburary / March. I was up 369% last year and this year I am down. I was also bullish early in the year and I belive I said in one of the early posts the my work says we would rally into the summer (and approach the alltime highs) which we have. In any case I have a notarized document stating that a couple of days off the October low last year. However, I thought the high would come in early July and we could possibly collaspse into August 1 and I was wrong; we are holding up into it. The problem with the methodoligy here is that there is no time element. Unusual market's like these can extent themselves for weeks or even months being overbought and overvalued. But the methodology cannot idenfity those situations, or these type of markets. I've been investing since 1972 and I would compare my market knowledge with anyone on the planet. In fact I've won and placed in several national market completitions and won a lot of money. In my opinion, the ONLY thing that has incited this rally is the August 1 cycle which is one of the most poweful cycles in history, having a confluence of many major highs and lows over the past decades and centuries, all confluencing on the same date: 1 August 2023. I've menionted the square of 70 weeks from the 1929 high. There was also a major panic and depression in 1893 called the "Silver Panic" which bottomed on July 28, 1893, 130 years ago. Take that low to the 1987 high, a total of 34,360 days and muliply by the Fib ratio 1.382 for a total of 47,485 calendar day and add that to 1893 and you arrive dead on August 1 as well. From there we will very likely have a panic decline into August 11/14, a rebound and a final low August 22/23. Peter, you will say 'I told you so', and you have the right. But the management of all of this has been very poor over the past months. The methodolgy is good, but it can't account for these unusal markets, and we are coming into one of the most powerful time frames in history. Not sure what else to say. You do your homework as I do and I appreciate your study of linear cycles, but there needs to be something that accounts for this type of market. The good news is that there' won't be a cycle like this for years to come. I have the data. We've got a couple more days. And in a couple weeks I expect you're going to look very smart

I concur with this sentiment. Even Friday alone, would have been a huge day if one had the slightest "follow the trend" be long until violation of 8 dma/20dma for more than 49 mins. IF this week was Peter's first "days apart cycle top" or CONFIRMED lower prices below. Its not his first. Its his 52nd top call. And the gall to still not quite have the intellectual honesty needed in this field, is almost irresponsible.
Also, thought we would weaken after early/mid July. Hoping its August. Meanwhile, the NDX is up 37% , SPX almost 20% for year. Those are "career years" Cannot say I am having a great year, its been too quick to get out due to 'impending doom and waterfall decline( that phase is a "buy" to me when he says it. 100% winners thus far.

ericoh792283 said:

In this raging bull market, it would be stupid trying to short this strength. Time to be bear was last year and that was it. Continue to be a bear and you will be the source of short squeeze. Peter has lost, there is no 20-30% bear market crash coming. It has come and gone. Look at the price action. Look at the breadth getting better and better. Every week things look better. Peter and his bear friends come with new vudoo data to justify this crash coming! I actually want 10% or more correction to put more $$$ in this market, but who know if that will come next month or next year. Listen to ciovacco capital, listen to Larry Williams. More constructive, not just wishing a crash because we are not supposed to!

Larry said it:" crash and doom story lines sell more subs than positive, bullish ones" It must attract a certain segment, i think an older market participant. You can market and sell fear. I think it is pretty obvious if you ever tuned into Peters youtube videos. Total marketing fear.

hard to watch these videos. " well, we looked for shorts but, well, didnt work out" for 8 months running. " well, the market is fighting it" NO, YOU ARE FIGHTING THE market. NO ONE is bigger than the market. Love the angle, that July 18th is your "top call" I really recall the 4040 SPX " end of days" call. THe 4140 " nothing left above" call. If you had skin in the game, you would have changed stripes. Cant lose for 8-9 months, you're gone.
Please correct me someone; didnt Peter give an amazingly HIGH TSLA price projection right befor Hussmans July 18th call? i will go back but i recall TSLA $340-$370 up to over $400. Am i delusional? Now Peter is ultra focused on Tsla bearish possibilities? 2% chance of TSLA going below 200 in the next 12 months. Basically NO CHANce.

Last updated 1 year ago

ericoh792283 said:

In this raging bull market, it would be stupid trying to short this strength. Time to be bear was last year and that was it. Continue to be a bear and you will be the source of short squeeze. Peter has lost, there is no 20-30% bear market crash coming. It has come and gone. Look at the price action. Look at the breadth getting better and better. Every week things look better. Peter and his bear friends come with new vudoo data to justify this crash coming! I actually want 10% or more correction to put more $$$ in this market, but who know if that will come next month or next year. Listen to ciovacco capital, listen to Larry Williams. More constructive, not just wishing a crash because we are not supposed to!

Did those guys see 2022 Top No.

Will they see the coming top? defiantly no. Peter is early like in 2021. going to see loop projection before the top comes in, Maybe it's like 1987. Top was made in August then the Plunge in October. will it be October low or High?

Apple results will be out this week. We will see another pop in Apple like before. It always happen. don't short Apple

That’s why he does YouTube videos, spread fear among retail, get them subscribed and lose subscribers money, like most bears here. Anyone can call the top for years and get it right. And yes Peter think he is bigger than the market obviously.

kwmurphy2939 said:

Comment: the very long term projection from 7/28/1893 may come in as early as today because the exact Fib ratio is 1.381966, not 1.382, which technically projects to today. We need a new print high in at least ONE index (S&P, Dow, Nasdaq) to say we're done. That could come as early as today if we can do it. These numbers are extremely precise and the market makes no accidents. Gann understood that markets working square roots of time. Key the number 3 into your calculator and hit the square root key 3 times. The number is 1.1472. Take 11472 calendar days x 3 and add it to 7/28/1893 and you get 10/20/1987. For kicks, try adding 28,000 calendar days to the 7/8/1932 low. www.timeanddate.com. No accidents. We're very close here.

Yup…market keep going up and up

NOTE; for accuracy, you presented Hussmans work on Sunday July 23. NOT on the 18th or 19th. Just to keep it real. You may have had bearish comments on July 18th or 19th but come on, when haven't you had a bearish growl on the market. Since Jan 2023( really, since Oct 2022). Thank you for you intellectual honesty. Its important

7/8 invalidated yet? YAWN

kwmurphy2939 said:

Comment: the very long term projection from 7/28/1893 may come in as early as today because the exact Fib ratio is 1.381966, not 1.382, which technically projects to today. We need a new print high in at least ONE index (S&P, Dow, Nasdaq) to say we're done. That could come as early as today if we can do it. These numbers are extremely precise and the market makes no accidents. Gann understood that markets working square roots of time. Key the number 3 into your calculator and hit the square root key 3 times. The number is 1.1472. Take 11472 calendar days x 3 and add it to 7/28/1893 and you get 10/20/1987. For kicks, try adding 28,000 calendar days to the 7/8/1932 low. www.timeanddate.com. No accidents. We're very close here.

1893?

LMAO

28000 days take that and stir it in a glass of water what do you have?

Water