Hi, Ed Harrison, here for Real Vision. I'm going to be talking to Milton Berg of Milton

Berg Advisors. He is what I would call the turning point master in that he takes the data, the

technical analysis of market data and has been very pressing in the past to be able to

call market terms. The question now is are we

at one of those points? Have we passed one of those points where a bare market that ended in

March has turned into a bull market.

The data say yes, but Milton, in terms of his judgment

over a career that spans almost 50 years, he has a very different view, and I think it will be a very

interesting conversation to talk to him and talk through what the data are saying and what

he thinks is happening in the markets.

I'm going to call you the turning master if you don't mind Milton today.

Well, okay.

Right as well, but I'm not the greatest turning master anymore.

Well, this is a really difficult experience that we're going through in terms of dealing with turns because you know you and I I think we spoke maybe two weeks ago about some of the indicators

That you that you look at and looking at it in terms of is this the same indicator that we have for equities or is it more of a commodity like a situation.

We can talk about this in terms of the bull and bear cases for where we are right now post

March liquidity crisis but I want to sort of contextualize the whole thing on two levels

one in terms of you know what's the macro picture but

also in terms of thinking about it in terms of fundamental versus technical analysis

because you talk to Grant on Real Vision about a year ago and one of the things

I found very useful was what you were talking about Benjamin Graham and that he actually

at the end of his career became a technical analyst and this is something

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