Tuesday, July 29, 2008

INTERESTING DOW CHART...

THIS VERY LONG TERM DOW CHART SHOWS US MIDWAY THROUGH A CLASSIC HEAD AND SHOULDERS PATTERN...THAT COULD VERY WELL TELL THE STORY FOR THE NEXT FEW YEARS...ASSUMING ALL THE MACROECONOMICS IS RIGHT...WHICH I THINK IT IS...

THESE RISES IN THE DOW...ON CRAP MACROS...ARE REALLY JUST MORE VERIFICATION THAT THE PATTERN IS REAL AND WILL OCCUR.

AND OF COURSE...IF THE DEVALUATION OF THE DOLLAR WERE A FACTOR...THIS CHART WOULD SHOW MASSIVE DECLINES EVEN NOW...

AND THE DOW AND NAZZ CHART HERE...ARE EVEN SCARIER... JUST THAT MASSIVE NAZZ SPIKE SHOULD DOOM US TO ETERNAL ECONOMIC DAMNATION...

IF ANY DOUBTERS ARE LEFT...