With the volume surge of last Friday people wonder; is this the final sprint to the bottom ? Some experts agree which means bad news for the dollar, as the liquidation phase which generates a lot of demand for the dollar will start to wear off; putting the current dip into the next phase; stagflation.
Meanwhile on this side of the ocean all seems peachy for the EU Mainlanders; macro economic numbers continue to come out less worse then expected ( deja-vu 2003 ); the island just in front of the EU mainland called the UK continues to sink together with its 'friend' the USA.
For those versed into Sieners' writings all this should hardly be a surprise.
Update 9/3 : I would like to remind people about the bank holiday warning that Mr. Wilkerson gave off all those years ago. Stock market really is at an important level right now and it still cuts through previous resistance like a knife through butter; traders could become very frustrated and throw away the market, as soon as this week.
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