Thursday, January 3, 2013

3 Jan 2013

The third pane is interesting.  We are steadily having lower peaks much like what happened in 2006 / 2007.

My composite indicator is about as overbought as its ever been.  I've gotta admit, it is impressive work Bernanke.  You've got everyone into one side of the boat.  When will it capsize?

"When I despair, I remember that all through history the ways of truth and love have always won.
There have been tyrants, and murderers, and for a time they can seem invincible, but in the end they always fall.
Think of it--always"
Mahatma Gandhi

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