Its Over

Apple has topped out with its high just under 350 we are short as of yesterdays close at 332 we may sell off as far as 250.
Same goes for the NDX100 whose cycle is now completed we head down possibly as far as 2050

Our trades have been moving as anticpated I have moved the target for Apple higher to about 255. NDX is just short of 2400. For an idea of where I expect us to make our high should be around the old high on the Nasdaq at @2800 back in October 2007.

Gold

I have been deliberating over the last week or so as to whether the gold bull market is at an end..and have decided that it is. We are therefore short at 134.05 on the Gold ETF which represents a nice profit on the trade initiated at 117.

Up not down

Well the markets have not sold off instead they are moving up. I'm afraid having looked at the cycles again I have concluded that they are in fact still in the upward phase. As I've mentioned before this is a completely new manner of placing a cycle and so teething problems like this are inevitable. I have altered to long again. The targets are just short of 350 on Apple and about 2380 on the NDX