clipped from www.financialsense.com
Risk
CATALYST

It is readily apparent that present day markets have built across-market dynamic hedging machinery with a hair trigger. ?This trigger is designed to launch unimaginable trading volumes in less than 250 microseconds, across global exchanges, operating under different & still uncoordinated rules. The activation could be any number of events but my sense is it will stem from the dramatic contraction in money supply. Despite massive central bank actions, money supply as measured by MZM, M1, M2 is still de-accelerating and in the case of the difficult to obtain M3, is contracting. All of which is presently going unheralded by the mainline media
money
We are nearing a ‘phase shift’ in what I will refer to as the energy level of the markets. Elliott Wave practitioners would refer to it as a ‘higher degree pivot’. W D Gann practitioners would call it a Gann Cardinal. Economists call it a “Tipping Point”. I call it a ‘Critical Point’ or ‘Chaotic Transient’.
  blog it