Charting Stocks

Below is an excerpt from a piece in Bloomberg today.
The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said.
Prices may increase at rates “close to” Zimbabwe’s gains, Faber said in an interview with Bloomberg Television in Hong Kong. [...]

“Suppose AIG goes bankrupt, it is better that AIG goes bankrupt and we have a horrible two or three years than that the whole US goes bankrupt..AIG has trillions of dollars of obligations, let them fail, let the courts sort it out and start over. Otherwise we’ll never start over.”

Louise Yamada is widely regarded as one of the top technical analysts in the business. She was a Managing Director and Head of Technical Research for Smith Barney and was the top-ranked market technician in 2001, 2002, 2003 and 2004.
In November, Louise stressed the importance of the Dow Jones holding the 2002 lows and warned [...]

Marc Faber: “In the US, we have a totally new school (of economics), and it’s called the Zimbabwe School.”

“The 19th century was the century of the UK..The 20th century was the century of the US..the 21st century is going to be the century of China…They [China] are among the best capitalists in the world”

“This is a man (Ben Bernanke) who knows nothing about markets..Who knows nothing about economics”

“News Dissector” Danny Schechter investigates our economic calamity in the upcoming feature documentary ‘PLUNDER.’

We’re naming names! Below are our picks for the best economic forecasters for 2008.
#1 Nouriel Roubini

Professor of Economics at New York University
Chairman, RGE Moniter
Website: www.rgemonitor.com
In his words: (2007) “With residential investment still in free fall, commercial real estate still doing fine until recently but now showing signs of strain, capex spending by the corporate sectors [...]