The Great Depression

  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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August 25, 2011


John Burke

Ah, I think you called the bottom a little early. The fifth wave you talked about in earlier posts is still unfolding according to EW analysis, and partially confirmed by market action today.


"See the sell signal in late July when MACD broke that EMA?" what is the "sell signal"? Laura (acct 1230p)

Dennis Elam

In the middle panel the blue line is the Exponential moving average, once the black line of the MACD dropped through the EMA, the price of SPY began its waterfall descent.

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