Jas Jain Predicts Double Dip Recession & New Market Lows for 2010

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Subject:	Something for Scam Lovers to Worry About from David Rosenberg's Report
Date:	Mon, 15 Mar 2010 11:21:44 -0700
From:	Jas Jain

David Rosenberg; 03/15/10:

 

Additional trading patterns to watch for (this is from our friend Mary Ann Bartels at Merrill).

            Four-year cycle low scheduled to bottom between July-October 2010

            Years ending in '0' are the most negative of all decennial years (average 6.9% annual loss) with an intra-year correction of 22%

            Mid-term election years since 1930 average a 20% intra-year decline (peaks around March and bottoms around September)

            The prior four mid-term election years ending in '0' ('30, '50, '70, '90) averaged intra-year corrections of 26%

 

So far this year, the above trading patterns are aligning beautifully. Remember, history doesn't repeat itself, but it often rhymes!

-x-x-x-x-x-

Are you ready the Double Dip and for a new lows in the Scam market in 2010?

Jas