I know everyone considers Dubai to be a non event now, but it...

I know everyone considers Dubai to be a non event now, but it seems lenders still want their payments on time.

Due date is Dec 14 which is interesting. Any games and we will see the fun 15 or 16.

I think we could get something nasty just as we did 28 mths ago (there does seem to be a bit of a 14 mths cycle of lows over recent years). The date then was Aug 16 2007, this time Dec 15/16ish!

If we go sideways till then it will be a lot like the mid Oct to mid Dec sideways move of 1989 which then saw a brief upside move and then lengthy decline.