The Coming Crash (no later than 1H2012)?

[Behappyalways]

(HK PE around 9. Near historical lows...Next week the stock market might be bullish as hedge funds try to push up the index but after that what's next? The scenario I hope for is that Euro and US stock market to muddle thru while funds flow into Asia)

Quiet month would be best case scenario

13th December: US markets are still moving in a range, despite the wild volatility. A breakout of 12,300 would be required for the Dow to escape its range. The best case scenario for Europe would be a month or two of bottoming before attempting another rally. The long term chart for EEM, representing emerging markets, shows a bullish channel. The etf is supported on that channel. With luck, emerging markets are now bottoming.

Thailand was the surprise over the last two weeks, rallying substantially. Other Asian markets are still lacklustre and the best case scenario is for another month or two of bottoming. PE for the Hang Seng Index is near historical lows, which suggests that the market is bottoming or close to a second bottom. In all, a quiet month or two would be the best case scenario for the global trend.

http://www.asiachart.com/

http://www.asiachart.com/malaysiasing.html

http://www.asiachart.com/hkchina.html