To expound upon my “bullet entering the brain” post from last night, let’s just go whole hog. Let us assume:
- The federal government has now perfected utter control of equities;
- They have absolutely no reason to ever let them decrease;
- It will be months, years, or decades, before they lose control.
Having embraced those chilling assumptions, here are the measured moves for the cash indexes shown, represented in both point and percentage terms. These measured moves are based on the inverted head and shoulders pattern, all of which are complete except for the Russell 2000. Please note that the percentage gains are measured from the neckline, not from present price levels.