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Taken from technologyinvestor.com
The market goes up. The market goes down? But why? Who can predict? Arch
Crawford can. Arch runs Crawford Perspectives which "is a financial markets
advisory service utilizing technical analysis and planetary cycles
research." Arch is on BubbleVision (CNBC) last night. They describe him as
an "astrologer/technician." BubbleVision is desperate for news, or insight,
or something. This is the gist of the conversation:
BubbleVision: "Back in April, when you were last on the show, you said you
would short the stockmarket on June 23 That's next Monday.
Crawford: "I've sold my margined stocks. I'm going short now on July 7."
BubbleVision: "What changed?"
Crawford: "A lot of managers have cash. They'll buy until the end of June to
make their results look good. Then they'll buy for first few days of July.
Then it will crash."
BubbleVision: "Is this a rally in bear market or the start of a new market?"
Crawford: "This is a rally in a bear market. Soon there will be a
devastating crash."
BubbleVision: Gold?
Crawford: "When Saturn moved into Leo, I started selling gold on June 2. I
sold all my gold positions on on June 17-18. I'm now short gold."
BubbleVision: Real estate?"
Crawford: "When Saturn went into Cancer, it meant real estate would be
devastating for the next two years, beginning June 3. There will be a
catastrophe towards the end of two years. It's time to sell your home."
BubbleVision: "How reliable are the stars?"
Crawford: "Very reliable. The Freddie Mac problem showed up immediately
after Saturn went Cancer."
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