John O’Donnell starts things off by breaking down some belief systems that the industry has put in place. Primarily the thought that people cannot time the markets. John has been giving presentations on Market Timing, illustrating many examples of where we can time the markets with a high degree of probability. Merlin takes that concept and answers several listener questions about where the markets are currently at, and potentially headed. John adds to the currency war debate by showing how the yen has gained in value substantially over the last 35 years despite so called intervention attempts.