Weekly Update

Latest thoughts inside.

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Some targets for the newly announced oil price war.

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Compare the charts. Money printing can't help now, because it's the weak dollar that is killing the market.

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An Echo

The principal discovery of The Spiral Calendar is that extreme, emotional human behavior echoes across large spans of time with uncanny precision.  The original observation is that the 1987 crash was an echo of the 1929 crash.

When I see extreme, emotional market behavior, I take out The Spiral Calendar and ask, What extreme market event is echoing here?

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That Test

Sunday evening's update looked for a test of the low at the end of this week. That's what today  (and tomorrow) look to me.  But as usual at lows, they look scary as all hell.

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