(11/15/14)
For those that read my updates over the past few weeks I have
been mentioning a potential Broadening Top pattern in the S&P 500.
Keep in mind this pattern doesn't happen very often. As we move into 2015 one potential
scenario to watch for is weakness in the early part of the year with the lower
trend line being tested in the February-March time period. This
would then be followed by another sharp rally through the Summer/Fall to
complete the pattern. One
reason we have to assume that any weakness in the early part of 2015 will be
followed by one more move higher is the fact that since the late 1800's the
market has had a positive year when ending in the number
"5".
Amateur Investors
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