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Strategies & Market Trends : The coming US dollar crisis

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To: zamboz who wrote (18093)3/2/2009 6:57:40 PM
From: LTK0071 Recommendation   of 71474
 
Regards gg referring to crash scenario, i am posting this chart to PONDER regards one of the most Essential differences between NOW and the past 76 years.
This is a warning that one be ready to avoid any run-of-the-mill-TA and recognize you are in a once in a century DISASTER.
The indicator is the DOW ROC set to 16-months on a monthly chart.
Now the level it is at now as NEVER been like this in about 76, and in the 30s it did not bottom until a reading of -75.
We are now -50.

You need get a feel for you will never experience anything like this in your lifetime, and IT IS FAR FROM OVER.

Except for Glickenhaus, i know of now present WS analyst that actually participated in this---he was on WS then, and he says, the set up now is EXACTLY the same as in 1929, and will be as savage.
That ROC is a screaming warning, the market is FALLING APART in a manner not seen since the 30s.





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