Thought I’d start off my new year by revisiting the Bradley Model dates for 2010; first of which is March 1st and lasts prettymuch until mid August. If you’re not familiar with Bradley, here’s a previous post for a better understanding but this date is interesting because many *anal*ysts and television commentators have mentioned 2Q as when they felt being the market would begin to truly deteriorate……….hmmmmmmm. Wonder if they’re following the Bradley Model as well 😉
One thing I must continually stress is that Bradley indicates an approximate date of a shift, but NOT it’s polarity so pay no attention to the direction shown on the graph. It looks like we’ll go down but it could be that we go up instead. Given the rise in SPX over the last year one would automatically assume that we’d turn and head lower, but never assume anything with the market because when you begin to do that…………..that’s when you lose all your moolah.