Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 30.81

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To: da_cheif™ who wrote (36593)	12/7/2008 8:14:48 PM
From: chartliner	Read Replies (1) of 206958

Zoropb on Globalization Adjustments I cannot remember a bear market ending on a Friday since I been watching the type or my historical work so lets throw out the 28th (Oct?) of 2011. End of October is the area which would likely be a Thursday 27th or running to the first of Nov a Tuesday. When I posted in 2002 that we would see the October low cracked and then some down the road my original work then said 2010-2011 for a low. Whether this is it before a new bull market remains to be seen. I do not think it will be in the sense we go to inflation adjusted highs. At best we go sideways for several decades if not longer. KEY ISSUE: What we are in as I wrote back in 2002 coming for this decade probably several more is a shift of power from west to east. I did biz in China back in 1992-2001 and is when I first said to friends this is coming. Until a near equilibrium of wages between Chinese/India/Brazil per capita and US Euro per capita is reached US and Euro will continue to decline it's standard of living. So therefore As I mentioned we will trade sideways to down until this occurs on a grand scale. I also discussed with Larry Katz back in 2003 (btw Larry you around?) that food and farming will be huge in this coming decade due to the convergence of factors coming together and now it is even clearer. My only fear when we chatted back then was that World Wars come out of the problems facing us with the food issue down the road. If I ever wanted to be wrong is on this call. I just noticed Gerald Celente of www.trendsresearch.com (predicting de-industrialization of the USA and food riots etc. within 4 years) came out with something similar to what I wrote back in 2003 Interesting but not happy as he is pretty darn good.

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