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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: UncleBigs who wrote (65020)6/30/2006 2:42:23 PM
From: gregor_us  Respond to of 110194
 
We Need to Get Rid of the FED and Go Back to Jesse Livermore's day, when the "liquidity providers" were loan sharks who huddled at designated barber poles on the floor of the exchange. If you needed a loan to speculate, you paid up for it and you paid good.

I hear James Grant is taking about this very same "FED as government interference" theme today. Good for him.

Gregor



To: UncleBigs who wrote (65020)7/1/2006 7:03:12 AM
From: westpacific  Read Replies (1) | Respond to of 110194
 
Bigs, August HIGH, P E R I O D.

1929 market top September 9th.
1987 market top August 28th.
2006 market top August 20th to 30th.

All three Kitchin 3, Wall 9 cycle tops.

All three ended in MARKET CRASHES.

1929 - 49%
1987 - 41%
2006?

I am also seeing a three peaks and doomed house, my new projection for the P&F is 11950, but if we do have a TPDH, then 11450 is as far as we get.

Lets watch, play long July and get out 100% by then. Build shorts into any kind of market blow off in August.

Will update as we go here, but for now JULY is up.

West