[newsletterchapter2 title=”GENERAL MARKET COMMENTS”] The BABA High on 9/19 was a Tell as I had suggested. The Decline was typical of a Viral Cascade which usually culminates in a Capitulation. I registered Extreme Sentiment near the Low but that did not, by itself ensure a bottom. But, the presence of Timing factors like the Black Hole and pandemic memes like Ebola were additional tells.
The Talking Heads were dumbfounded because they did not want to know that they did not know what was happening. The cogent profile for a 9/19 High and that a cogent Black Hole Low due near Mid-October was wonderful. Investors are seduced by phantasmal fundamental stories. They believe that Rationality rules. Markets are really influenced by the hidden energy patterns. Markets are ruled by esoteric noumenal indicants rather than phenomenal fundamental tales. A great Capitulation has been registered.