To provide a more detailed picture I will provide a chart showing the Kitchin cycle which is down and should be gaining downside momentum. This combined with the 6 year cycle should make the last quarter of the year interesting (as well as the first half of 2012 - K-Wave preview?).
Hope this helps set the background for trading - trading the long side may get difficult.
This is great info.....2014 is setting up to be harsh.
ReplyDeleteYeah, but it gets better. Google and read up on the Kitchin/Juglar/Kuznet cycle relationships to each other and the K-Wave.
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