Are we entering the-best eight weeks to be in market ?

Next eight weeks could be the-best time to be in market?

Based on history, psychology, world economy, under-exposure......it could be !!!

Q4 / end of the year / end of the month / end of the Q, are all converging.

Till Friday, many participant were not sure as to European outcome, most were expecting failure.

Now that we have a "perception" that Europeans are united in their desire to deal with budgetary discipline, we MAY have entered a new phase in markets.

S&P 500 closed @ 1255.19, which is well above 1225 previous resistance area.

S&P 500 can move through these targets in next eight weeks :

- First target 200 DMA 1263.32

- Second target 1277

- Third target 1292

- Fourth target 1344

- Fifth target 1356

- Sixth target 1370

In next eight weeks, markets strength will determine how many targets we go through.

There are many catalysts in the next eight weeks, as listed below :

- Q4 is the-strongest Q for the market.

- Fed meeting statement to be released on Tuesday, will show a "marked improvement" in their tone.

- Earnings for Q4 should be better than expected.

- There may be a rush to invest for end of December by HF / Mutual Funds / Individuals.

- New inflow for Q1 may come in January.

- World economy may show improvement going into Q1

I, for one will not be surprised IF we go through all targets by end of January 2012.

This market has been compressed for a long time, markets generally looks six months ahead.

Hopefully, we all have learned from our mistakes, & will be positioned to take advantage of upcoming rally. Same old approach may leave you well behind.

Here is my portfolio current % valuation  :

LULU 19.28%

RIMM 15.44%

LVS 14.43%

BIDU 13.46%

M 11.69%

RVBD 10.35%

SNDK 9.45%

CNQ 5.90%

Good luck with your OWN homework & your OWN take of market.

BLOG does NOT give buy or sell.

Saleem