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Saturday, June 5, 2010

Week-end outlook!!!


WOW, After viewing Roy's short video clip on the SPX, even the bear in me is shaken. Roy has been nailing the forecast this week, using all the European and Asian markets to help shape his outlooks in his daily video's. He concludes that we have now reached a very serious situation, with a major collapse very likely, with this sell-off minimally targeting the 940 range, and the speed of the descent reaching panic selling. I have been following Roy for more then a year now, and have never seen him so serious about what the charts are saying for a major sell-off that is in the works, it is down-right scary hearing him so bearish. To view his 10 minute video on the SPX, Please Click Here!!!

10 comments:

  1. Michael: I have no experience with Roy. Would you recommend subscribing to his service? How long have you followed him and how would you characterize his results? ANY feedback would be most appreciated.

    Thank you!

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  2. And THANKS for sharing all your work!

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  3. Jeff, I have followed Roy for more then a year, and he was also the best teacher I have had when it comes to learning Elliott wave because of his attention to details. One thing he has been doing is letting his subscribers know which market and bets that have the highest odds, which really ups the percent of profitable trades you can make. He also gives places and reasons where to setting stops. I would definitely recommend him, BTW, you can just do a trail period for something like $20.

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  4. Jeff, If you do sign up for his service, PLEASE let me know what you think of it :)
    Michael

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  5. Hey Col! That was definitely a bearish forecast! Thanks for posting it man!

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  6. Michael: Thanks very much for the feedback. I probably will sign up for his service. Haven't decided yet. But one thing I particularly like is it sounds like he's based in Europe, and covers a lot of European stock markets. And since this crisis is now emanating from Europe, and they're leading us, knowing what's going on over there in a comprehensive way would be a big help.

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  7. I watched Roy's SPX video. Absolute rubbish imo.

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  8. there are certainly other options on the table. i've been a member of his service during the rally, it is not like he hasn't been wrong before

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  9. David, I should delete your comment, not to silence you, but because you give no reasons for your comment. I encourage people to give their views, even if they differ from mine, but I will not tolerate bashing someone when you present nothing to back up your allegations.

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  10. I enjoy Ray's videos Col.........thanks for the link...anything is possible here but Ray's view certainly highlights the need for caution,a lot is at stake

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