After six straight quarters of gains, Dow closes with a quarterly loss – the technical signs of at least eighteen months of nasty bear market
Peter Oberois
Mar. 31, 2007

But Dow finally closed lower. When any stock or commodity goes up for six consecutive sessions and reverses at the top, normally the gap reversal causes massive selling and downtrend. This probably is no different. The next six quarters will take Dow below 10,000. There is more than seventy percent chance that Dow Jones Industrial Average will experience a crash between now and December of 2007.

The gap reversal after six quarter of consecutive gains spells real trouble. The stock market is way above the moving averages near the top. This makes it extremely vulnerable. The Nasdaq is far away from the previous top made in year 2000. The divergence is real wide and largest ever in the history of the stock market since recording began.

The divergence, low VIX (scare index) and innumerable hedge funds ready to sell makes the market crash imminent.

After six straight quarters of gains, Dow closes with a quarterly loss – the technical signs of at least eighteen months of nasty bear market
Peter Oberois
The reversal after six consecutive quarterly gain is the sign of a bubble bursting. Since second quarter of 2005 Dow Jones Industrial Average went up every quarter – the longest streak in any bull market in the history.
READ MORE>>

The stealth deflation does it again – it is fooling the Wall Street and the Fed – increase in consumer spending and riser in income
Sam Adelton
When deflation takes hold the economy, the Dow Jones Industrial Average will plunge and close below 7,000 in the first leg and below 2,000 after the third leg. The first leg has started with an imminent collapse in April.
READ MORE>>

Trade tension with China can bring depression to the world economies
Peter Oberois
The U.S. Commerce Department decided to levy new duties on imports from China to compensate for Chinese subsidies to exporters. China seems to get ready for retaliation.
READ MORE>>

Bullish optimistic economists running for cover and outright changing prospects of the economy quickly – what is the effect on Wall Street?
Kiran Chaube
They predicted boom. They are on the run to cover their prediction with one eighty degrees turn. Economists are cutting forecasts for first-half growth, prompted in part by a decline in business investment and the housing slump...
READ MORE>>

Oil and gold showing signs of commodity inflation – the GDP and employment growth showing signs of stagnation
Media Release
The economy is showing signs of stagflation. While the commodity prices are stubbornly high, the GDP data and employment data manifest weakness and stagnation in the economy.
READ MORE>>

As Dow Jones Industrial Average closes below 10,000 after April crash, internal probe of corporate accounting practices will haunt Wall Street – Dell the first casualty
Peter oberois
The effect on Wall Street will be severe. This is just the tip of the iceberg. Do not get surprised to see many companies announce what Dell did today.
READ MORE>>

Iran factor can take oil to $100 and then $40 but Dow is on course to 10,000
Sam Adelton
A geopolitical showdown is imminent in Persian Gulf. The oil market is reaching a temporary high on war premium. If the sailors are returned to the UK officials, oil will fall to below $30 a barrel.
READ MORE>>

MORE ARTICLES >>