deutsche on mqg, page-18

MQG will get cheaper and cheaper as the approaching world wide bear market takes hold:-

Wilshire 5000 index - broken to the downside of a massive symmetrical triangle

DJIA - now forming the right shoulder of a massive head and shoulder top pattern. Also retraced approximately 50% of the fall from November 2007 to March 2009, typical bear market action.

Russell 2000 Small Caps - now forming the right shoulder of a massive head and shoulder top pattern

Tokyo Nikkei Average - now forming the right shoulder of a massive head and shoulder top pattern

ASX 200 - now forming the right shoulder of a massive head and shoulder top pattern

S&P 500 - has already broken to the downside of a massive Expanding Bearish Wedge pattern

Canada TSX - appears to be leading the Worlds indices in pattern formation / completion, with a rising bearish wedge broken to the downside

Many major indices appear to be breaking down world wide, the bear is returning and I believe better buying opportunities lie ahead of us

Time to conserve cash, be patient and wait to buy at much lower prices alternatively sell short

DYOR