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Strategies & Market Trends : The coming US dollar crisis

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From: westpacific12/29/2010 8:22:13 AM
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January 3rd Peak?

Past is prologue….At least that’s what strategists at CitiGroup are saying. In a recent note they highlighted the 3 past market environments that most closely resembled the current environment. If past is prologue then Citi is working under an incredibly contrarian framework. Unlike just about every investor in the world right now (and every other analyst), they believe January and 2011 could have some surprises in store for us:



pragcap.com

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Talk of pullback of 50 to 70 SPX points then perhaps a final thrust up to 1300 into 1350 for the final top of this Wave 2C.

-This from several very good technical sites I track.

62.8 points would fit the January in this chart...

Also showing at least a 20 percent down move for 2011 followed by another negative year in 2012.

Let us watch; on this final run up should it occur there will be talk of FED never letting market fall, LOL. The SuperDome Cycle and Deflation Kitchin Cycles can be delayed; but likely not stopped.

West
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