Kind Words from Terry Laundry, Founder of T Theory

"Parker has sent me what I consider to be the most important refinements to T Theory I have ever received from anyone in an e-mail . . . which he calls Tweaking the 13th Advance Decline T." September 29, 2010

"Parker has sent me a very interesting concept which is the NY Advance Decline line divided by the put-call ratio . . . What he's done is introduce the idea of sentiment." September 15, 2010

"Parker discovered the Money Flow Ts . . . This is something like the Holy Grail in T Theory. You are always looking for something that will help you refine the peak date." October 17, 201

"Money Flow Ts are probably the greatest new thing I have seen in 20 years in terms of time symmetries." December 5, 2010.

Monday, May 3, 2010

$$ Greece? What about Puerto Rico???

The GDP of Puerto Rico is $76B, about 21% the size of Greece's GDP ($356B). On Friday, the FDIC shut down 3 banks in Puerto Rico with deposits of $14.8B, or nearly 20% of Puerto Rico's GDP. Combined, these 3 banks were $5.3B in the red.

This feels much closer to home, doesn't it? For more information on all of Friday's bank closures (which were quite serious), see Jim Sinclair's Mineset.
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  1. AnonymousMay 3, 2010 at 9:13 PM

    $16 billion in public debt.

    -4.5% GDP growth in 2009

    Half of it population lives below the poverty level.

    If I am not mistaken, I haven't read the mineset piece yet, this is 15% of the commercials in Puerto Rico.

    I wonder how tourism and RE are doing since 2008?

    Maybe they are just trying to keep up with US.


    MMR

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