Are we?, Rajun, Abdel, Fourseven or others have any thought?

THE MARKET IS DUE TO A PULL BACK IF IT STAYS ABOVE (WE ARE AT A CRITICAL TARGET OF DOW 12365) IF THE 12000 HOLDS WE ARE IN A BULL MARKET.
THAT IS MY OPINION
ASK RAJUN HE IS MUCH EXPERT THAN ME.

Santana / Abdel - I don't know what impact the Democratic win will mean to the overall market trend for the mid-term, but it certainly doesn't seem to have cooled-off the Bull run we are in. I am concerned (like Abdel is) that we are very near a pull-back in the overall markets, the market has had a hard run up and it's time for a breather - the Weinstein weekly format charts indicate a 4% pullback in the NASDAQ and a 3% pullback in the S&P500 could happen within 2-3 weeks. This doesn't mean the end of the Bull run we're in, but it looks to me like we're very near the end of a Weinstein Stage 2 (rising market) that will lead to a Stage 3 (top) with a lot of volatility in the next 4 to 6 months. A big concern I have right now is the status of the Yield Curve. The end of the last Bull market correlated to the Inverted Yield Curve that lasted from Feb - Aug 2000 (7 months). We've had an Inverted Yield Curve now since the first part of November - this isn't good for the markets, and if this go around is like the last we've probably got less than 6 months left in this Bull market (including completing Stage 2 and Stage 3). When it changes and enters Stage 4 we need to prepare for making more money, faster, by Shorting in a down-trending market. See the Yield Curve at: http://stockcharts.com/charts/YieldCurve.html - click on the RED vertical line in the box on the right, then move your keyboard arrows left / right to move thru time - I think you'll see what I'm talking about, when the Yield Curve read "Inverted" (in the bottom right corner of the left box) during the period Feb - Aug 2000 it correlated to the market downturn that started in Feb 2000 and continued thru 2002 - the Inverted Yield Curve we've had through November of this year looks like we're probably going to see a top in the market within 6 months - it will then be time to use Shorts to make money. For now, trading approaches should continue to be based on a Rising or Flat market. Rajun

That's a very deep analysis Rajun.
I've never thought that kind of correlation before.

I think it makes sense what you've described above.

I agree 100% that we are in the stage 2 right now.

So what should we do when we are in stage 3 then? Stan says that we can make money in bull and bear, but not in stagnant market?

Any advice?

Thanks

Santana - The Yield Curve is my favorite leading indicator for market direction - it's really not that deep an analysis, its just like reading a stock chart. You are right - Stage 1 and 3 are the "slowest" times for the Weinstein method. We prefer 2 & 4 when things are exciting and happen fast. Stage 3 is the time to watch your Longs very cose and time your exit(s), hold idle funds in cash ("keep your powder dry"), and start setting-up for (idetifying leading Short candidates) for the start of Stage 4. Rajun