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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (96907)	12/3/2012 12:06:30 PM
From: Rarebird	Read Replies (1) \| Respond to of 219928

A first-half of January rally would be an ideal rally to not only suck in sideline cash, but also a great time for bears to cover their losses by becoming unwilling buyers. By mid-January, though, it should become obvious that the USA is in recession and all the political back-and-forth to “cut the deficit” was a total failure. Recession means unemployment rates rising as jobs are lost and that causes an increase in the deficit which can't be stopped by jawboning of professional politicians. Expect a fiscal stimulus package to be proposed by the Administration, but blocked by Republicans. In the end, it looks like a trainwreck for the party of Lincoln, which seemingly is doing everything in its power to self-destruct. The late Terry Laundry was the founder of T-Theory. My T's are proprietary and used in conjunction with Elliott Wave for trading purposes.