Time to Work in the Garden
Patience is probably the most important ingredient at the moment. In the “Numbers” , over the past six months the technicals first turned down on the tech stocks, next on gold and commodities, and up on the dollar at the same time. Then on April 22nd the indicators on the Global wave turned down. The effects of global austerity and deflation take a long time for visible signs to appear, but when the tipping point is reached we look for a quick setback in stock prices to the set point where QE2 set a base back in 2010.
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