Monday, January 01, 2007

ADJUSTED MONETARY BASE CLICK FOR LINK.

level is DEAD ON JAN high, so NO growth since then. DEAD ON the lows from that peak.. WILL JAN look like 2006 with a meteoric VAULT? ANY further decline destroys a multi yr if not decade pattern of yr/yr higher highs!!!!

MARGIN DEBT LEVELS APPROACHING 2000 levels!!! 1,3 and 6 month/month RECORDS for increase.

THIS market is HIGHLY LEVEREDGED for GAINS!!!!!! as was or more so than in 2000 !!!

I say some kind of top appears first 2 weeks of JAN, then MIGHT pay off to be short term......short........will be very interesting going forward.

2007 is a year after mid term elections, known to be bullish.

D

1 comment:

Marc R said...

If you figure this market in REAL MONEY (gold) it is lower than in 2000, in fact hasn't rallied much at all.

D