tag:blogger.com,1999:blog-7444476276287180978.post4790501918047482234..comments2023-11-20T05:15:20.137-05:00Comments on Behind the Headlines: Credit Default Swaps needed!Michael Kahnhttp://www.blogger.com/profile/10668546349672243203noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7444476276287180978.post-6568297426451762892010-02-26T19:25:01.662-05:002010-02-26T19:25:01.662-05:00EWI published the CDS rates for Italy,UK,Japan,US ...EWI published the CDS rates for Italy,UK,Japan,US & Germany in the Monthly Financial Forecast.<br />What they were trying to show is how the rates react to the Elliott wave counts in the equity markets (I am referencing a DOW weekly chart): ie rates went up in the primary wave 1 decline (07-08), rates went down in the corrective primary wave 2 advance (triple zig-zag p-43 EWI principle)(09) to the 52% fib level & now rising as we could well be at the start of a primay wave 3 decline (10) in the Equity markets.<br />Cheers<br />Anthony<br />PS: Funny I was complaining it was too hot where I live (30 C+) but its just fine today (25 C) in Qld.MrWave4https://www.blogger.com/profile/14653827887547598022noreply@blogger.com