-As you can see, the four most important models—monthly, weekly, daily, and hourly—have all reached a completed topping sequence and are all telling me that the current move to new highs in stocks is a “false” move which will be “quickly and completely retraced.”   

- We believe, as highlighted in chart #1 below (The popping of a bubble), that the BKX will be the next “shoe to drop” in the US mortgage/housing debacle.

Full report coming soon