Past or just in front of the Mega T end? One Mega T ended in Aug 2010 but other constructions end as late as April 2011. In the meantime Short Term Ts are running on a 75 day cycle. Fundamentalist, say the market will end with $150 oil and $2000 gold. First dip is thus 2012 with a bear rally and then final dip to DOW 4000 in 2014-16. What underlays the fundamentalist is a growing list of unsolved problems - Toxic mortgages, Peak Oil, Debt levels in states (Merridith Wittneys MUNI default). Hard to find a "Rosie" forecast except from the FED.
Past or just in front of the Mega T end?
ReplyDeleteOne Mega T ended in Aug 2010 but other constructions end as late as April 2011.
In the meantime Short Term Ts are running on a 75 day cycle. Fundamentalist, say the market will end with $150 oil and $2000 gold. First dip is thus 2012 with a bear rally and then final dip to DOW 4000 in 2014-16. What underlays the fundamentalist is a growing list of unsolved problems - Toxic mortgages, Peak Oil, Debt levels in states (Merridith Wittneys MUNI default). Hard to find a "Rosie" forecast except from the FED.