Monthly Archives: April 2010

Investors and traders are increasingly recognizing the value of using Fibonacci ratios to anticipate support and resistance prices in major equity indexes. Fibonacci ratios are natural phenomena found in seashells, tree rings, music masterpieces like Beethoven’s ninth symphony, and even in the order found in the structure of galaxies. A major equity index like the…

Genuine optimism about the future in the midst of the unfolding global financial crisis is a tall order. An abrupt reversal of fortunes for international free market capitalism has stunned advocates of the wisdom of markets to reward success and punish failure. The unprecedented growth of crony state capitalism in response to the global crisis…

In the 1920s Russian economist Nikolai Kondratieff discovered that international free market capitalism goes through regular boom and bust cycles, he called them long waves. Investors and traders commonly view the long wave as an obscure unproven theory, without profitable application to modern financial markets. Growing evidence suggests that such an assessment of the long…

The long wave debate rages on. Meanwhile, the global debt berg, the chief product of crony state capitalism, has begun to block the profligate paths of listing ships of state. The confident captains of crony state capitalism are at the helm, sailing into the foggy financial abyss of cascading sovereign debt defaults. The growing black…