His projections generally do not conflict with what I am looking for, they seem very reasonable. (I have currently targets of USD$63 soon, retracement to 40’s this summer, and then 130:ish “in a few years”)
My problem with constructing 5 wave impulse …
IMHO, within 4 weeks of the end of the daily purchases of POMO, I expect serious weakness in the equity ‘markets.’ (It used to be 6 weeks before the weakness showed). These price levels are so dependent on the torrent of high powered money, that ther…
I include the two imho key charts, there are more at the link.
The second chart is his version of Armstrong’s public/private cycle.
A Recognized Top in US Long Bonds Will Be A Process
Loss Given Default: From Madrid to Los Angeles Foreclosures Set to Crest in 2011-2012
Next year, in the opinion of Chris Whalen, we are going to see a further sharp decline in residential home prices as the tide of foreclosures begun in the past ye…
