Tuesday, October 14, 2014

There is no safe sector from a deflationary collapse

Prior Priceline.com post.

Current chart is below looking much like the model in the link.  There be a fine set of owl ears on that chart.  Declining double top, all the trimmings of a mania unwind.  Target price: sub $100 in 2 years.  All you have to do is look a that hockey stick run up to know that a big unwind is baked into this cake.


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