PCP: Penciling Crash Possibilities

img29Off into the intestines of Nikolai Kondratiev Wave theory this morning, as we attempt to make sense out of global markets in general and what may be coming for the USA market, in particular.

This is hardly a trivial pursuit because in case you haven’t noticed, the Dow Jones Industrials (which were showing hints of a small rally earlier this morning) are in a “great heap-o-crap” because the 200-day moving average is being quickly approached and a number of technical indicators are verging on collapse.

So the exercise of reviewing the literature (and a bunch of charts) in order to map out a rational trading response is a good thing and quite justifiable, give our believe that we may be  on the cusp of ending the false boom that was initiated in the wake of the Housing Collapse.

We will attack history, parallels, and most important – how to make a buck in declines – so have plenty of coffee at the ready and a spare roll of Charmin, too.  Because when it comes to crash possibilities things turn distinctly ugly in the next year or two.

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