RE: Stan Weinstein's Stage Analysis - Discussion Thread
(2013-04-17, 06:40 PM)isatrader Wrote: It'll be interesting to see if Weinstein does an interview this week, as I'm assuming that he's not been back on the Financial Sense Newshour since November, because his bearish call of moving into a major Stage 4 within 3-6 months of the interview turned out to be wrong, and was a false breakdown with the US market 10%+ higher now. So I think he could be waiting for the next turn to do another interview, which we could be seeing this week with some Stage 3 topping action and early breakdowns occurring in some of the major US indexes and the breadth breakdowns. So will keep an eye out for it as it is always interesting and gives us more insight on the method.In talking to another chartist interviewee about a month ago, Jim Puplava said that the point about chartists is that they go where their market signals lead them and gave the example that Weinstein had indeed changed his mind a few weeks after the Nov interview and became bullish.
Yes you are right, it would be interesting to hear his view soon on the prospects for the summer months, but I fear he interviews only when he wants to push his rather pricey subscriptions. If only he did a "ultralite" version - at an ultralite price!