Archived IMT (2009.08.31)

MOTHER OF ALL VOLATILITIES? Historic landslide Japanese election ushers in the household-friendly Democratic Party of Japan, a holiday-shortened week in Europe and an US jobs report with an expected rebound in the US unemployment rate back to 9.5% from 9.4% (not to mention Canadian unemployment). USDJPY collapses in line with our technical and fundamental predictions calling for general YEN strength and particularly deepening losses in USDJPY. Here are SOME OF OUR INTERMARKET WARNINGS: Last October we warned about the 5-year cycle http://bit.ly/E7P7d In August we warned about the 4-week peak cycle http://twitpic.com/egjpi and last week we warned about the implications of a close in the Shanghai Index below the key 2,947 level in order to qualify for bearish engulfing monthly chart, with dangerous repercussions for September http://twitpic.com/feeb7