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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: westpacific6/13/2007 2:02:37 AM
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Market may crash............

Same setup as in 1987.

All that matters for you - no rebound in 30 Year get out of stocks.

In 1987 we broke a double bottom, continued down and market crashed one month later............bonds only rallied AFTER market crashed.

If 30 Year breaks this triple bottom (105.38) May 2006/July 2006/June 2007, we hit it today and continues down. MARKETS CRASH.

The divergence between T-Bond price and Stock price is getting too great. The markets will give, unless the bond route ends.

And all this in the face of a Kitchin 9 (Cycle) finish.......always end in big market drops.

Be warned, be aware.

You will not read this in your paper or hear it on CNBC.

West
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