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Strategies & Market Trends : The coming US dollar crisis

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From: westpacific8/29/2011 9:57:45 AM
4 Recommendations  Read Replies (1) of 71429
 
Target of 1200 to 1219 then the drop into 1012 to complete the pattern, Three Peaks and Domed House finish to this entire bull rally. Target low of first week of October.

On the other side of that; seems we should hold together from there since that will complete Cycle Wall Six, giving us still a good 12 to 15 months to end off the current Kitchin Cycle, target early to mid 2013. The real fireworks look to hold out into 2012.

Upward move off the lows into year end, lower lows going forward into the Kitchin ending.

That said the Banking Indexes are now in complete bearish on the monthlys, major death crosses!... so anything can happen in this age of Bearded One Tools. Black Swans cannot be charted! Not just banking; but T Notes in complete collapse; seeing some ugly signs of pending disaster!

When this same pattern finished off the 2002 to 2007 rally and then completed; the whole market broke down!

The tool they still hold is outright global war; September is a hot zone for action.

SPX death cross in now on Daily.

West
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