Sunday, June 12, 2011

Martin Armstrong

Regarding Armstrong's June 13 "turning point"; in his essay titled "Is the End Near" dated June 5, 2011 he writes:
With the turning point of June 13th/14th on the doorstep, this appears to be a subtle quiet change in trend that will not even be noticed except with hindsight as was the case in 1985.65, 1994.25, and 2002.85. The first produced the Plaza Accord and the birth of the G5 that unleashed government intervention that manifested 2.15 years later in the 1987 Crash and then 2.15 years after that the peak in Japan. The 1994.25 turning point was the shift in capital flows from Asia back to the US and Europe. That marked the precise day of the low in the S&P 500 just as the 1987.8 target produced the precise day of the low for the 1987 Crash. The 2002.85 target produced the low in the share markets after the DOT.COM Bubble in 2000. Each of these turning points represented with hindsight important shifts in long-term trend. - page 8


So, don't expect multitudes of angels singing on high, or men of virtue being pierced as they hang between heaven and earth with a thief on one side and a murderer on the other. The coming days will pass as quietly into the night as a satisfied lover slips into a restful slumber. Only with the passage of time, as a slight bulging of growth appears, will he say, "Now I see what happened on that otherwise forgettable day".
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