Posted on 05/23/2010 10:29:49 AM PDT by blam
How To Know Very Shortly Whether We're On The Path Of Japan
Joe Weisenthal
May 23, 2010, 9:30 AM
Excellent... Doug Short (Dshort.com) has updated his excellent mega-bears chart to take into account last week's big drop in the stock market.
As you can see, from a timing perspective, it lines up fairly nicely with a major leg down in the Nikkei (when our peak is overlaid with theirs... he uses the peak of the .com bubble to show our one true peak).
So if we have a sharp rebound then our path doesn't look anything like theirs. On the other hand, if we keep falling, then there's a scary historical precedent about what could lie ahead.
(Excerpt) Read more at businessinsider.com ...
Yes, I am also watching with apprehension. Can’t see anything good happening unfortunately...
I’ll take scary historical precedent for $300 Alex.
I’ll take specious, auto correlations for $400.
Ridiculous, Japan’s not going to get nuked after it’s market’s collapse. The USA will!
Auto correlations? What comparing a trend with itself?
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