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techcharter

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techcharter

Re: uncle_chubbie post# 44298

Thursday, 08/19/2010 10:10:25 PM

Thursday, August 19, 2010 10:10:25 PM

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Uncle-Chubbie - Link to initial Unemployment

From Sept 2008 to late January 2010 the downtrend in initial claims was motive, (wave a). Until late June 2010 a textbook triangle appears (wave b). July to early august 2010 was motive (wave c).

Since then, the initial claims number has risen above the wave c starting point. This is the confirmation of the next bull market in massive layoffs.

http://www.safehaven.com/article/17895/cue-the-panic
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