tag:blogger.com,1999:blog-12333088.post5327207211817091332..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on September 18, 2012Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-12333088.post-81740721832853503602012-09-19T08:11:53.883-04:002012-09-19T08:11:53.883-04:00Carl - How much can S&P500 crash if Spain beco...Carl - How much can S&P500 crash if Spain becomes bankrupt? Or if China attacks Japan? Or Israel attacks Iran?<br /><br />There are too many grey swans out there that are becoming black...Politiskt Inkorrekthttps://www.blogger.com/profile/16808489317637058318noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-88611802179870136682012-09-18T15:10:39.891-04:002012-09-18T15:10:39.891-04:00Hi Lexus,
Speaking of long term scary patters, I&#...Hi Lexus,<br />Speaking of long term scary patters, I've read about the reverse of Three Peaks and a Domed House, in which the Domed House comes first. I then looked at the long term Dow chart and considered this:<br />Point 10: 1932<br />Points 11-14: 1937-1942<br />Points 15-20: 1966-1982<br />Points 21-25: 2000 - 2012?<br />Yikes!!!!!<br />Well, I don't really think that this pattern will unfold. But it did get my attention.Graph1159https://www.blogger.com/profile/03033052376445519929noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-53785237563591439322012-09-18T14:02:30.048-04:002012-09-18T14:02:30.048-04:00Carl, I would assume the doomed house is dead ahea...Carl, I would assume the doomed house is dead ahead or thereabouts, but there is also a shape forming on the yearly charts for the S&P providing the market stays under 2007's yearly high of 1576. That shape would be a huge head and shoulders. Either your house or the H&S tops are coming due in due time, sooner I hope than later.hayfieldhttps://www.blogger.com/profile/09625182079856344849noreply@blogger.com