not-abot

not-abot Updated 

The price action we've seen since October looks a lot like the tech bubble of Y2K. The combination of mean aversion and valuation levels like this have only occurred two times in the past(1929,2000). Corporate buy backs and excess leverage(everywhere) where also traits of these historical crashes. Using the first tech bubble as a model, I've projected what...

not-abot Updated 

The price action we've seen since October looks a lot like the tech bubble of Y2K. The economy was just a tad more organic back in Y2K so our price action may not have as much drama. Using the first tech bubble as a model, the graph shows what will most likely happen. IF .....it plays out in the same fashion then we have to wait till February before this 'algo...

not-abot

I believe US Oil and SPY will eventually fail at resistance. Notes: SPY and Oil are at or near resistance levels now. Their alternative safety investment counterparts, TLT and GLD are also at or near resistance levels now. Note all have a wedge formations on the 4hr charts anc are at a 'cross-roads' juncture. Note the strong correlations: SPY to Oil, TLT to...