Monday 27 June 2011

DEJA VU ALL OVER AGAIN...AGAIN.




S&P500 hourly, summer 2007 (red) / summer 2011.  

This analog suggests a modest bounce here, then a shocking drop to new lows 
leading to a significant turnaround and major rally.

(Position as of 27th June 2011)






With cries of alarm over Greece now ululating across the financial airwaves, there's a sense of deja vu among some who recall the wild summer market of 2007.



Wednesday 8 June 2011

DEAD CAT ON A WILD RIDE







(Flash Player required)

Lakshman Achuthan from the Economic Cycle Research Institute (the world's most reliable forecasting organization) sees an imminent global slowdown





It's been an unusually long time since I posted.  Between travelling, writing and work commitments I've frequently been tempted to 'put my oar in' but, frankly, I don't know that anything I might have said would have added much to the message I've been spouting in these columns for what seems like far, far too long.