2/5/2010 - DOUBLE BULL'S EYE! - STOCK MARKET UPDATE AT BOTTOM

LEARN HOW COWAN CAUGHT THE FALLING KNIFE AT THE 3/6/09 BOTTOM!

The general consensus is that you don't try to "catch a falling knife". That is, don't try to call a bottom, just trade the trend. For most traders that is good advice. But Cowan has a proven track record of doing just that, calling tops and bottoms as they occur real time with uncanny accuracy. He did it again on March 5, 2009. Using CycleTimer software and the techniques taught in his courses Cowan made his first public market call in many years. He called a bottom and advised traders to buy immediately. The post was made here FOUR TRADING HOURS before the actual bottom and can be seen below in its original form.

Educate yourself so that you can make your own informed decisions. If you are basing your trading or investing decisions on anyone other than yourself you are making a huge mistake. Just look what the so called "experts" were telling their audiences at the bottom in March. Jim Cramer on MadMoney, Guy Adami and Karen Finerman on FastMoney are just a few examples.

  FOLLOW HIS TRADES BELOW AS THEY OCCURRED IN REAL TIME.
  ALL TRADES WERE POSTED HERE REAL-TIME ON INDICATED DATE.

  3/5/2009
  Recent Cycle Conditions - STAY TUNED FOR FURTHER UPDATES

It is Cowan's view that the recent plunge in stock market prices should not be seen as a source of fear, rather a rare opportunity to buy quality companies at panic low prices. Investors at these levels will thank their lucky stars.

Many stock market cycle clusters arrive in March. One studied in the course is the slow moving Saturn-Uranus, plotted below with CycleTimer software, moving 180 degrees from the 1987 crash low.

UPDATE 3/13/2009 - BULL'S-EYE!
TODAY COWAN RAISES STOP TO 7150 LOCKING IN 550 PTS PROFIT!

On 3/5/2009 when the market was below 6600 and still falling the CNBC talking heads were cowering in fear in their makeup rooms. No one was calling a bottom.  FOUR HOURS before the actual bottom on 3/6 Cowan made his first public forecast in many years right here on this public web page, open for all to see, telling investors to buy now. The original unedited posting is above.

One week later Cowan has raised his stop to 7150 locking in 550 points profit in one week! Re-entry is possible later if the stop is taken out.

3/16/2009 - COWAN RAISES STOP TO 7250 LOCKING IN 650 PTS PROFIT!

"This is a powerful long-term cycle that I explain in Chart VIII.I in my book. It has moved exactly 180 degrees from the 1987 crash low. Anybody that has my books and didn't profit from this rally should kick themselves. I would love to see it pull back and take out my stop so I can buy lower. But I wouldn't be surprised if this doesn't happen until 8000 is hit"

3/16/2009 - Position closed BY trailing stop at 7250. Trade result IS 650PTS PROFIT IN 7 TRADING DAYS. WILL BUY BACK LATER TO CONTINUE THIS POWERFUL UP CYCLE.

12/21/2009 - NASDAQ UPDATE

Since September 2009 The NASDAQ has been compressing between two trend lines. The upper line is the Gann 45 degree angle on the daily chart measured from the 50% retracement gap in October 2008. Gaps typically occur at the exact midpoint of a move. These are the points of maximum velocity and zero acceleration. It's the same principle of simple harmonic motion taught in physics. If a theoretical ball is dropped through a hole drilled thru the Earth it reaches maximum velocity at the center of the Earth. In a falling market this manifests as a gap. When prices break out above the 45 degree angle it has overbalanced and represents an entry point for traders followed with trailing stops. A break of the lower trend line would similarly represent a good short entry point.


 

1/30/2010 - DOUBLE BULL'S EYE! - NASDAQ UPDATE

On December 21 Cowan posted (above) the two trendlines defining the NASDAQ. He told traders to buy when the upper 45 degree Gann line was broken followed with trailing stops. And to short when prices fell below the lower trendline. The below chart updates the action since then. DOUBLE BULL'S EYE!

Immediately after the posting, prices completed the 4th Elliott Wave and ran up 100 points in 2 weeks. The top was reached when the two trendlines converged in time, as is typical of compressing 4th wave triangles. Following Cowan's second recommendation to short when the lower trendline was broken at 2280, traders have since accumulated another 140 points in a little more than one week!

2/5/2010 - COWAN LOWERS TRAILING STOP TO LOCK IN PROFITS
REVIEW ABOVE POSTS FOR COWAN'S REAL-TIME FORECASTS OF THIS DECLINE

Readers of Pentagonal Time Cycle Theory understand that the current decline in the stock market arrived right on time. Review the 9 degree harmonics of Table 6.1. Or, more simply, just enter 45 degrees in CycleTimer, as shown below, with the start date at "now". The same result is obtained by setting the cycle start date to the reopening of the stock exchange in 12/1914, advancing at the rate of 45 degrees. You will see the cycle originating at the crash low of 1987 (or 1914) hit again at the 9/1998 low, and now.