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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (36602)12/8/2008 3:39:55 AM
From: chartliner  Read Replies (4) | Respond to of 206958
 
Joe Granville warned in early 2007 on CKNW.com that the markets were in a dangerous parabolic and you mocked your old boss for saying that back then when I reported it. Well old Joe was bang on Don, give the old fella some credit.

This last guy that posted on trader's talk has great respect over there from past calls that were very accurate and the other guru Gerald Celente that he mentioned is considered to be the top trend forecaster out there by the media heavy weights like cnbc etc.

All this combined with Martin Armstrong's pi cycle which called the high in the financial indices in early 2008 as well as the high in the Nikkei (that was the big warning shot which many of us over-looked) and now Armstrong warning that 2011 has a convergence of several long term important cycles. I have serious doubts about this market getting all bulled up until after 2011. How can you deny the statistical significance of the pi cycle...running into the billions???

Looks to me that all hell is going to break loose going into 2011 but first a rally into jan but another low around Dec 23 looks to be in the cards which can be seen on my blog www.marketvisions.blogspot.com. Attention all passengers please fasten seat belts!!!! <g>