Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Pitera who wrote (21177)	8/10/2018 3:29:49 PM
From: robert b furman	3 Recommendations Recommended By John Pitera sixty2nds The Ox Read Replies (1) \| Respond to of 33421

Hi John, I've been thinking about Turkey and its ramifications. The president has taken a democracy and morphed it into a dictatorship of sorts. His son in law is in charge of the banks and he wants lower rates while suffering under 15% inflation. The man does not take common Central Banking practices into consideration. It won't end well. So the European Central Bank will have to dole out capital when the bonds go into default - Just what European Banks DO NOT NEED. This will be very hard on the Euro. Regardless of how Brexit ends - it just may not be their biggest worry / loser to struggle with. Could this scenario be a headfake and boost for the Pound - to get away from the euro based liabilities with a collapse in Turkey's bond issuance and debt? Just sayin out loud there is some repositioning going on it seems to me. Bob

To: John Pitera who wrote (21177)	8/10/2018 9:44:22 PM
From: Chip McVickar	3 Recommendations Recommended By John Pitera kimberley sixty2nds Respond to of 33421

Thank you John - What you provide here is a slice and perspective of the markets many of us do not follow - I know I don't...!!! Because this market is a professionally driven - by pro-traders... i.e.: the public is out of the markets (except for 401K's) - the decline will be explosive with few buyers underneath... Zero interest rates are a failed experiment and Larry Summers is fools gold...!!! Chip

To: John Pitera who wrote (21177)	8/11/2018 12:19:32 AM
From: humble1	1 Recommendation Recommended By John Pitera Respond to of 33421

JP: Thanks so much for sharing your awesome analysis with supporting charts. While bullish right now and long-in-size from the 4/2 Mars conj Saturn low, my timing work shows a plunge coming this fall sometime after SEP OPEX. I will NOT be long ANYTHING after 9/21/18. 10/17/18 is the Spiral Calendar f29 from the OCT 1960 low. I'm sure you are aware that this is the time segment which defined the 1929-1987 crash lows, among others. It is possible that 10/17/18 will be a high before a 21 c-day plunge into 11/7, election day+1; but either way, post SEP OPEX is dangerous. With best regards and respect, sir, Humble1