from Zero Hedge:
Because there are still some traders who adhere to such old normal traditions as charting and technical analysis (because apparently the FOMC committee sits down each month and observes Ichimoku clouds, RSI indicators and Bollinger bands), it is probably notable that one of the most respected chartists, Steve Cohen’s favorite technician Tom DeMark, is now uniformly bearish on virtually all markets around the world which have triggered a sell signal in his studies, and is about to drop the axe on the US as well where a “Daily 13″ signal is imminent. The caveat, of course, is that in a world in which fundamentals haven’t mattered in years, why should technicals?
Read More @ Zero Hedge.com
Because there are still some traders who adhere to such old normal traditions as charting and technical analysis (because apparently the FOMC committee sits down each month and observes Ichimoku clouds, RSI indicators and Bollinger bands), it is probably notable that one of the most respected chartists, Steve Cohen’s favorite technician Tom DeMark, is now uniformly bearish on virtually all markets around the world which have triggered a sell signal in his studies, and is about to drop the axe on the US as well where a “Daily 13″ signal is imminent. The caveat, of course, is that in a world in which fundamentals haven’t mattered in years, why should technicals?
Read More @ Zero Hedge.com
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Nick Barisheff & Chris Waltzek on GoldSeek Radio – January 10, 2012
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At
our conferences around the world, we have discussed the Cycle of War
and how this too has been incredibly accurate demonstrating that what
may appear to be random, is really highly ordered chaos. This turns in
2014. To set the record straight, so far there appears to be no WORLD
WAR that will begin. This appears to be separatism and civil unrest on
the rise