Quote:
Originally Posted by 335i101
Quote:
Originally Posted by mact3333
1220 was the line in the sand yesterday...bullish above and bearish below...1220 held...enough said...mkts move on very short term basis on actual news but on int term and long term timeframe, has minimal input....if anything, charts tell you about the news before it is news.
Always have to think in 3 time frames and have a big picture of what is happening.
Greece causing all this volatility now....just imagine what Italy and Spain are going to do later...but the grand finally is when it hits the US...the first amendment will be tested ...  |
You are mostly wrong. Greece yes, hit the US no, the central Europe bank will step in prior to that...the union does not want there currency to get less powerful.
The next factor is the US supercommittee schedule to revel their plan on the 23rd..
The last issue is the fear of a double dip recession.
"The first amendment will be tested??"....u must be an "occupier?"
This is the worst "official" thread I have read, don't quit yur day job. |
Need to clarify, my rant was directed to one member...