By: Money and Markets Sunday, July 19, 2009 3:59 PM
By Larry Edelson
Martin’s strategic alliance with the Foundation for the Study of Cycles may turn out to be one of the best moves he’s ever made.
Already, I’m using their market timing tools and they have worked unusually well for me.
Right now, for instance, our cyclical charts are predicting significant turning points in several key markets dead ahead.
Take stocks for instance: The Foundation’s forecasts have nailed the recent action in the markets, including last week’s bounce. And looking ahead, the cycles turn decidedly bearish on toward the end of the month.
Now, look at oil: See how closely the actual price action in crude oil has tracked the Foundation’s cyclical forecasts?
One of the most interesting opportunities appears to be due around mid-August, when we see a prolonged upward phase.