Another Similar 2008 Chart Pattern

“He observed that human emotions collectively had major impacts on the movement of stock prices and markets in general, ultimately creating patterns that kept repeating.” - From a book on Jesse Livermore’s trading style. Without a doubt one common similarity between the current market and the fall of 2008 is heightened investor emotions. There are plenty of other similarities from bank nationalizations, a deteriorating global economy and government intervention.

 
READ MORE: http://www.zerohedge.com/news/guest-post-another-similar-2008-chart-pattern

Marc Faber: Long The Dollar, But Occupy The Federal Reserve
Marc Faber, asset manager at the Gloom, Doom & Boom Report, popped in at CNBC (Clip Below) on Oct. 11 while visiting in Montreal, Canada (He is usually based in Thailand.). Faber expects volatility to continue (not necessarily mean a downside to the market), but dollar should be a long trade as whenever there's a bubble, e.g. tech bubble, housing bubble, stocks bubble, and commodities bubble, usually after the bubble bursts, there typically will be a 10-15 years of volatility before markets settle down to reignite an uptrend.

READ MORE: http://www.econmatters.com/2011/10/marc-faber-long-dollar-but-occupy.html

A Chartbook of 3 Financial Market Crises
Everybody is asking where to now with the global financial markets. I thought it was worthwhile comparing the current behavior of the financial markets with the two recent crises, namely the great financial crisis of 2008/2009 and the minor one in 2010 when the sovereign debt crisis in the Eurozone developed. I have charted the series starting with two months before each crisis developed and ended the series 11 months later. The respective series are as follows:
    * 2008 crisis: July 2008 to July 2009
    * 2010 crisis: February 2010 to February 2011
    * 2011 crisis: from May 2011

READ MORE: http://www.econmatters.com/2011/10/chartbook-of-3-financial-market-crises.html