T-Waves

[Tetres]

Folks I am going to issue another T-Waves GENERAL WARNING,

In my view the current deteriorating economic conditions, the threat of WAR on the horizon, increasing debt loads in consumer-land, corporate-land not to mention the ever increasing federal budget deficit…the contagion that increased energy cost will have…the likelihood of continued pressure on the global economic front from South America… increased and continued move towards excessive stock market valuations will push us deeply into the double dip recession that I have spoken so often about. When it was so unpopular to do so. I am issuing a broad based warning to all my readers…I believe that the current rally that so many talking-butt-heads and anal-heads have called the next bull run. Is about to implode…I believe it will suffer the same fate of the three previous Bear market rallies of the past two and a half years. At their peaks these moves registered gains of 14.2%, 21.7% and 24.6%. At Thursday's high the current rally had jumped 22.6% off the July 24 bottom, within the range of the previous three. In our view another interim top is likely in the period ahead, and the market will drop to new lows. Yes I know that more than 80% of the so-called market guru’s have stated that the bottom is in and that we will rally from here. However I do not believe so…and you folks read me for my opinions…not the hyped and popular opinions you find on CNBC etc. I hope this warning scares you…as my last warning came true enough! http://www.twaves.com/Archive%20Folder%20Pre-Market%20Updates/T-Waves_Pre-Market_Update%20%20%206-6....


Best of luck
Steve