Friday, April 18, 2008

CRB Mother Divine Crash?

With Gold and Crude Oil nose diving today, I thought this chart might be a Relevant Scenario.

The CRB chart, courtesy of George Slezak of stockindextiming.com who sees this potential Crash analog, shows a possible Mother Divine Crash Formation (see 4/4 post) with a 4/15 +/- HIGH and a crash into 5/3/08, the New Moon-2.

I am not sure if there is a correlation, but I sure wouldn't want to be long Gold and Oil right now...



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