I read this on 321gold this morning.  It's called "The 64 month bubble pattern" by David Nichols.  There are some interesting correlations to the market today.  I 100% believe that the Fed KNOWS stocks are in a bubble and are "Tapering" as fast as possible without creating a panic to deflate it a bit, or at least stop it from going up at a meteoric rise.  Of course they will fail, and we will likely see a crash that is met by the Fed INCREASING quantitative easing once again.  This article has an interesting analysis and the charts go right hand in hand with the "Psychology of a bubble" chart I posted earlier.  Give it a read, it might save you from disaster.
http://www.321gold.com/editorials/nichols/nichols032614.html
-Jonathan M Mergott
Subscribe to:
Post Comments (Atom)
 

No comments:
Post a Comment