Graham Summers Weekly Market Forecast (the End Game Approaches Edition)

Phoenix Capital Research's picture

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Lucius Cornelius Sulla's picture

October is going to be interesting.

r101958's picture

Right. Whenever the desire to purchase our treasuries starts to wither our ratings houses execute a shock and awe downgrade campaign on the the Eurozone. All the while keeping our debt rated AAA.....and we are shocked that there is a now a crisis with the Euro?

Eireann go Brach's picture

Would Obama count as a "Black Swan"?

chump666's picture

Once you can swing like Summers then you can talk sh*t.

Taleb called Sept 11 a black Swan post event.  Point is Black Swans are ambiguous, but potential events.  If you trade in the markets you wanna look at these events.  Summer is watching China, and I would too, with a bond market flop and a liquidity crisis pending.  It amazes me that China hasn't been factored in as a massive black Swan event (anytime soon)...just hard to time.

Nothing is predicatble.  Summers hedges on 'events'.

Sambo's picture

You have misunderstood the meaning of black swan.

A predictable event cannot by definition be a black swan.

What was once a black swan has become white...keynesian economics is a failure and we have known that for a long time. No black swan there.

IQ 145's picture

  I actually laughed out loud when I looked at the charts. There's no way this dude is going to survive as a trader.

IQ 145's picture

 A dreadful example of a newsletter; and that's a field where there's really stiff competition for "worst".

aaronb17's picture

Yeah, I remember the last time you said the collapse was coming -- right before the huge fall 2010 rally, remember?   See here: 

http://www.zerohedge.com/article/it-just-me-or-2010-feeling-lot-2008

Of course this time you might be right ... but it'll be luck, not skill.  If you're always screaming for a crash, you will of course be right once in a while.  And those who haven't gone broke following your advice all the times you were wrong will be grateful. 

problemfixr's picture

Let's see if I can do a Graham Summers Cliff Notes:  Shit is bad, it's real bad now and it's going to get worse.  I mean really, really bad.  Download my report.  Did I miss anything?

JohnG's picture

Other than he needs you to work on his keyboard, no.

JuicedGamma's picture

"there’s no shortage of Black Swans to hit either"

Dang it, by definition you cannot predict a black swan, obviously you've missed the gist of Taleb's swans.

trav7777's picture

the real question is whether that giant H&S confirms...I had a friend wanting to short the start of the right shoulder and I said wait till 1350+.  Either this thing should break down past the neckline hard or rally like fuck off of it a la that big July H&S

Buck Johnson's picture

You're correct, but also wrong.  By definition you can't predict it, but you can observe it moving through the financial system like a great white shark just under the ocean surface.  You don't know what it is, but it's just out of sight and waiting to strike. 

JohnG's picture

I see what you did there, repeating yourself like Summers.

Buck Johnson's picture

You're correct, but also wrong.  By definition you can't predict it, but you can observe it moving through the financial system like a great white shark just under the ocean surface.  You don't know what it is, but it's just out of sight and waiting to strike. 

Buck Johnson's picture

You're correct, but also wrong.  By definition you can't predict it, but you can observe it moving through the financial system like a great white shark just under the ocean surface.  You don't know what it is, but it's just out of sight and waiting to strike. 

Buck Johnson's picture

You're correct, but also wrong.  By definition you can't predict it, but you can observe it moving through the financial system like a great white shark just under the ocean surface.  You don't know what it is, but it's just out of sight and waiting to strike.