Who remembers the reflationary headfake at the end of 2008? I do. Of course even that con job was more real than the Jedi Mind Trick for serial-conned dunces we have today. Following the deflationary trend-line, we see how dull this geriatric Idiocracy has become over the past decade. How else could they believe that Donny is their saviour?
Replacing the stock/bond ratio with Wells Fargo , gives us October 2008
The heart of the third wave down at all degrees of trend. Which lines up with our wave count below.
But first, I've been five days without Zerohedge, thank you. Detoxed of man-boy bullshit, I'm a new man. I may relapse at any time, but for now I'm supplementing with National Enquirer. Sadly, my artistic ability to produce drunken rants seems to have taken a hit. I know you're disappointed. But you're only thinking of yourself. And anyways we all know that my rage is uncontrollable...