Sunday, April 6, 2014

SUNDAY 4/6/14

Peaceful flash mobs performed by young Ukrainians are popping up protesting anyone purchasing Russian products. Ukraine officials arrest a group planning an attack against the interim government. Over one dozen people are arrested and their guns, grenades, knives and Molotov cocktails confiscated. Putin would like to see, and may orchestrate, violence and unrest in eastern Ukraine since it will provide an excuse for the Russian troops, remaining near the border, to invade.

Another banker shows up dead. This time Jan Peter Schmittman, 57, that ran ABN Amro, a Dutch bank, until 2007, is found dead by an older daughter. His wife, 57, and younger daughter, 22, are also dead at their home. Authorities label the tragedy as a family disturbance gone bad but will not supply any details just like prior banker deaths and suicides. Schmittman orchestrated the split of ABN Amro into smaller units during the 2008-2009 financial crisis that were absorbed by Fortis, Santander and Royal Bank of Scotland. The banker deaths now total one dozen over the last 3-1/2 months.










[Text is Redacted: Purchase April 2014-04 to Read the Complete Chronology]











A Bradley turn date occurs today indicating that markets may experience a trend change give or take a few days on each side of the date. Bradley’s do not forecast direction. Perhaps Friday’s market move lower identifies a near term market top?

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