Astrologer and market trader Arch Crawford (who once advised burying a stockpile of canned goods and an M-16 in the back yard) is once again warning of financial trauma. Not only is the current market in a “corrective” phase, he believes that it will crash a la 1987 somewhere near or on the fall equinox eclipse of 22 September 2006 and that we will be entering a “historic period” of “German-style” hyper-inflation which will last throughout 2007.
Arch Crawford’s Dim View Of Stocks
John Dobosz, 05.30.06, 12:15 PM ETNew York – It’s not a far-fetched notion that recurring patterns can be found in just about every earthly and human process. No doubt the oceans’ tides and the change of seasons move in predictable cycles. Human beings, bipolar or not, also experience mood changes that tend to run in cycles.
As Carl Jung would explain, human beings also seem to exhibit collective mood swings. And certainly, the oscillation between extremes of fear and greed are rather pronounced in the financial markets.
Fools and Knaves 