I can't remember ever doing this before but given all the questions I get about David Bensimon's timing models and projections I want to encourage you to listen to the audio (posted above & below) of the interview I did with him on Saturday. In it he chronicles his outlook for the overall markets, gold, silver, oil and copper. David is one of the most interesting and thorough analysts I know and his work always provides me with much food for thought.
What he finds compelling is that analysis of the cycles, technicals and timing models done independently for the different investments are all showing important mid April pivotal dates. At this point David thinks that the bias will be for meaningful corrections going into that time period with bottoms being formed in various investments around that time.
A key point to remember is that the projections are the favoured scenario but as David makes clear the projected scenario will be negated if the S&P moves above 1300 and holds there. If that happens then a new preferred scenario and timing will be triggered. (stay tuned). It is much like picking a destination while driving and checking the signs along the way to make sure you are still headed in that direction. In this case if the S&P holds above 1300 then we are on the road to a different destination than the current probable scenario. And with so much political interference in the markets I will personally be alert for that warning.
