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Pastimes : The Philosophical Porch

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From: westpacific4/10/2010 12:30:48 PM
   of 26251
 
On September 2007 a great friend of almost 90 years projected the K Wave Superdome; he predicted INDU 6 to 7 K, rally into the 11Ks at best; collapse to below 4000....2011 into 2012!

He called it the tale of stairstepping down Kitchin Cycles.

The K Wave Superdome is in play until 2015 into 2020 then you can talk a hyperinflated new bull market as paper grows incredibly worthless!

Do not be fooled by all the bullish bullshit calls.

The K wave superdome runaway deflation and world wide credit collapse is very; very much in play!

New Bull Market talk is bullshit...

At best 11800 after the coming retest of support; first we must deal with some very serious overheads just below 11200!

His projections...
Below 4000
Rally 7000
Retest 5000
Rally 8000 and potential breakout of Superdome in around 2018 to 2020!

He died last year; if his projections come true you will see a report from me in Barrons in tribute to his brillance; and he was incredibly brillant.
West
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