The New CS Board

[dindindon]

Perspective, Weekend Bill Merriman

Dindindon Wednesday, 08/19/15 10:57:21 AM

Who Do You Believe In? ( Cycle? E-Wave? TA indicators? Fundamental? Astro?)

if you don’t “believe” Astro, here is a way to do: read through Bill’s Bear exciting perspective, and pretend with not reading the Astro parts. as the way i quoted in the following text, perhaps you will say it is a pretty good stock/economy report. Keep things in perspective, You have a nice weekend!

MMA Comments for the Week Beginning August 24, 2015
Written by Raymond Merriman

http://www.mmacycles.com/weekly-preview/mma-comments-for-the-week/mma-comments-for-the-week-beginning-august-24,-2015/

Last week, the importance of the Chinese devaluing their Yuan was discussed as effectively starting the process of depegging - breaking - its relationship to the U.S. Dollar. I described the change in policy as likely to have unintended consequences leading to new problems in today’s currency wars, especially as the Federal Reserve was right on the brink of starting to raise its own rates. But China’s pre-emptive currency strike complicates a process that was already in motion (i.e. strengthening of the US Dollar) (Edit: see this post). In fact, it now causes the Federal Reserve to pause and think that maybe this is not the right time to raise rates. Last week the equity markets of the world came to the same conclusion, and the global plunge in equity prices accelerated. ..........

August 21, followed by August 26, and ending with August 31. (The events in) this (period) will offer a glimpse on September 17, If this is a preview of what to expect in mid-September, then instead of the “irrational exuberance” oftentimes associated with “panic and hysteria,”

In terms of equity markets and geocosmic signatures, the next two weeks are critical. They will indicate a very serious washout may continue, or a bottom and sharp reversal unfolds. I think we could see both, followed by another washout before the December.