Ashraf Laidi tells CNBC's Maria Bartiromo about the need to understand the dynamics of 2010 and 2011 in order to grasp the first half of 2012, involving the interaction between the Eurozone recession, BRICs cycles and US economy. He also discusses the latest carry trades by the Eurozone banks, borrowing from the ECB LTRO to purchase higher yielding sovereign bonds, which helps supress bond yields despite ongoing Eurozone woes.
On March 30th, I sent an IMT (see here) highlighting how we called the bottom in Nasdaq at 22780, with a video demonstration shown here . On Monday, we issued a bullish post on Nasdaq, calling for a rally extension to 24,440 at the meeting point of the 200-DMA. This is what we call 2000 points highlighted to out WhatsApp Bdcst Group members. We ignored the insults-ridden messages of Trump, we disregarded his threats to "destroy civilisation" and stayed Long Gold and Long Nasdaq until 4840 and 24,440. 4840, you may recall is a near make-or break level for Wave 4. So, You have two choices: Chase Trump and the news on every release, or stick to a set of fundamental and technical framework. Here is one message sent on Monday before going on holiday.
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Latest Hot-Chart - Mar 30
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