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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (14046)	4/17/2013 1:54:19 PM
From: John Pitera	3 Recommendations Read Replies (1) \| Respond to of 33421

Hi Bob, what is even more scary is the the Germany ETF...... not only has it broken down but it made a lower high this year than in 2011.... this is one of those things that Marc Farber has been "harping on" so you have these global equity markets that are not making new highs like the US averages have and are breaking down........the second half of my Mayan story "cliff notes" version is that we are getting ready to embark on a Global Financial collapse that not even the Central Banks will be able to save us from since it's two degrees or levels higher than the 1987 stock market collapse where the Fed came to the plate and bought an armada of SPX futures and physically pushed the market much higher to fight the crash. The Global fears........ may in fact be one that the Central Bankers can not simply come in and create enough global confidence........... WD Gann would be telllng you about his hundred year cycle and that acts of war are not covered by insurance...... JP