Saturday, October 3, 2009

Early Indicators:

"... the primary moving forces in the [stock] market nearly always is the central bank - and so, you can think about Quebec separatism, the Gulf War, the breakup of the Soviet Union, the reunification of Germany, the collapse of the Tokyo Market all these things that seem so important, they are secondary, they are diversions - John Crow (Bank of Canada) is more important than all of these other things - but its not just John Crow, it's John Crow working hand in glove with Alan Greenspan (Federal Reserve), if you like - and Alan Greenspan is the senior partner of that partnership." -- [Technical Market Analyst PICTON DAVIES, editor THE POLYMETRIC REPORT, interview CBC Business World, Mar23-1992]

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