Deep Breaths and Blows

We believe that the market will continue this endless whipsaw and churning throughout August, more to the upside, and that stock holders will, as they have gained this past year, nothing.

We have been in a market that not just breathes, but appears to take deep breaths and blows. As one studies the market moves of 2010 no one has made money but traders that trade right. It's not really a stock market as much as a gambling pit with electronic pockets.
Just think:

7/16-260 point drop
7/19-50 points up

7/20-120 point drop, only to close 75 points above the prior day close, with 195 point swings throughout the day

7/21-160 point drop, rallying 60 points near day end

7/22-Up 200 points

7/23-Down 70 points, to end up 120 points.

All of this whipsaw points to cycles, Gann, mooncycles, Obama the Communist, and Lindsay Lohan being the causes.

From watching the analysts explain their charts, reversing opinions in the middle of the day, Floyd has learned this is perhaps our first completely

WTF? market.

WTF is extreme science for those of you that know the meaning.

As we see it, and note in our Dow projections, we have been contrarian to the upside for weeks and had all winning signals, with most over 50% in return, much higher than we normally expect.

As you study our Dow projections we have successfully profited, almost to the exact number, except for the lowest lows and the highest highs.

We open the week with a likely chance of reversal, but still remain contrarian to the call and the upside top. During the week we'll report on events, triggers, and "causes."