Sunday, July 27, 2008

CRASH ALERT UPDATE

As overviewed in my June "Stock Market Crash Alert", based upon Dow Theory, the Elliott Wave Principle and other forms of technical analysis, there is a high probability the a "Grand Supercycle" collapse in stock prices and mass mood is now underway that will ultimately outline the collapse of Western Civilization.

At the current juncture, there is the possibility that a full-scale global financial panic is developing that could result in a crash as soon as the coming week. However, I deem this to be a low probability with the greater likelihood being that a significant "dead cat bounce" is due for the stock market after which the crux of the "Grand Supercycle crash" should be expected to unfold....possibly in the "Fall" of this year.

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