History repeats itself

History repeats itself but in different form.

It looks to me that indices will put major top in January-11 coinciding with Chinese Premier’s visit. Markets will react once visit gets over. Markets will rally back in March-11 but will not break earlier high of January-11. However, major bottom will not be in until March-12. Around March-12, I expect S&P at around March-09 bottom.

I will update this later if I suspect it will play out differently. Stay tuned.

This will be similar to 1970s.

-Shrihas Pandharkar
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