First and foremost, thank you for your interest in this blog. I didn't realise there are any readers. I always assumed I am the blogger, writer, and sole reader of this blog. To my supprise, there is more than one reader. Comments are all welcome.
First, i like to recommend to all readers, Conquer the Crash 2nd Edition, it is a remarkable book that explains the economics logically, rationally and entirely.
As we are entering the 2nd Tsunami, it is advisable to stay out of the market for a while. The 2nd Tsunami will destroy more than the eye can see. Of course, for aggressive traders, shorting the market (NYSE) is an option.
Prechter named this coming Depression as the Grand Supercycle (for the Bear). It is like, the eclipse of the sun, the timing is perfect. At all angle, based on
- Cycle
- Technical
- Elliott wave
- Demographics
- Fundmental
- Factual
In short, it was all common sense, explained in sophiscated "economics terminology".
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