Fibonacci Financial

Recently I we reviewed the classic head and shoulders top formation.  The Dow had formed one and sucked a lot of analysts into recommending selling or shorts.  But we weren’t fooled because it never broke below the neckline by a decisive 3%.  What I also didn’t tell you though was that the Commercials had been buying!  I didn’t want to give away my hand. .

But we have been waiting months for this bear market rally to resolve.  We are getting closer.  As the Commercials unload their positions at the end of this rally, it will probably mark the last opportunity to sell stocks at reasonable prices for several years.  The decline from the top of this rally will be absolutely devastating to most investors.

Remember what I said in earlier blog posts – it will be hard to sell at the end of this bear market rally because all the talking heads and headlines will be positive about the Obama recovery etc. etc.  It is almost impossible to fight the herd!

AGAIN

There are a wide variety of ways to participate in this opportunity ranging from the very conservative to the highly speculative.

BUT you need active guidance – Contact Us at Fibonacci Financial.

Do not get the idea that you can trade or make investment decisions from my blog entries.  These are an introduction to my services and do not constitute investment advice.