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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.11+0.1%Dec 4 4:00 PM EST
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To: TobagoJack who wrote (31333)3/19/2008 7:53:34 PM
From: Moominoid  Read Replies (1) of 218178
 

As for the Armstrong "cycle turn," I'm guessing that it is not for a stock market this time. Perhaps it is for the US dollar? For if a European Bank is really going bust, the Euro would probably get absolutely trashed, helping the US dollar for the medium term.....


That then becomes a non-falsifiable hypothesis. My bet is that the rumors that UBS or HBOS is going under marks the bottom. But as always we will have to see.
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