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How To Know Very Shortly Whether We're On The Path Of Japan
The Business Insider ^ | 5-23-2010 | Joe Weisenthal

Posted on 05/23/2010 10:29:49 AM PDT by blam

How To Know Very Shortly Whether We're On The Path Of Japan

Joe Weisenthal
May 23, 2010, 9:30 AM

Excellent... Doug Short (Dshort.com) has updated his excellent mega-bears chart to take into account last week's big drop in the stock market.

As you can see, from a timing perspective, it lines up fairly nicely with a major leg down in the Nikkei (when our peak is overlaid with theirs... he uses the peak of the .com bubble to show our one true peak).

So if we have a sharp rebound then our path doesn't look anything like theirs. On the other hand, if we keep falling, then there's a scary historical precedent about what could lie ahead.


(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: economy; markets; recession; stocks

1 posted on 05/23/2010 10:29:50 AM PDT by blam
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To: blam
The Market Is Massively Oversold Based On This Indicator
2 posted on 05/23/2010 10:34:48 AM PDT by blam
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To: blam

Yes, I am also watching with apprehension. Can’t see anything good happening unfortunately...


3 posted on 05/23/2010 10:41:46 AM PDT by Deagle
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To: blam

I’ll take scary historical precedent for $300 Alex.


4 posted on 05/23/2010 10:49:01 AM PDT by spokeshave (They'll get my false teeth when they pry them from my sister's cold, dead mouth)
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To: spokeshave

I’ll take specious, auto correlations for $400.


5 posted on 05/23/2010 11:07:33 AM PDT by Paladin2
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To: blam

Ridiculous, Japan’s not going to get nuked after it’s market’s collapse. The USA will!


6 posted on 05/23/2010 11:28:32 AM PDT by STD (islam an absolute theocratic system of governance which cannot be questioned;)
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To: Paladin2

Auto correlations? What comparing a trend with itself?


7 posted on 05/23/2010 12:25:25 PM PDT by dr_who
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