Monday, April 11, 2005

Echo Bubbles?

I have a great little treat for everyone coming this week. I have been performing further studies on the 1969 - 1975 market versus the current market we are in. I'll post a great chart possibly Monday of my research.

To give you a brief hint of what my study is pointing to...I'll leave you with this: We should see an explosive move occurring within the next few weeks. In fact, my bet is on this week or the very next week of this move occurring.

Also, someone posted an anonymous comment on the A Moment of Clarity post. I wanted to thank that person for pointing out the errors in my article. I was blending the business cycle dates and stock market cycle dates together. The person also made a great comment in regard to echo bubbles. And provided some great examples. So, thank you for your comments!

The first time I ever heard the echo bubble term was back in the early 90's. The news was all a buzz in regard to Japan and how several economists believed Japan was experiencing an echo bubble. I was just a young pup back then so girls were my focus instead of the market ..thus I have no idea why I remember that discussion...but I did. In fact, I haven't heard that term written or spoken since...until the anonymous poster brought the term back to my attention.

So, are we in an echo bubble? I believe so. Stay tuned for the chart I'll post this week to explain why I believe we're in an echo bubble.

Later Trades,


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