Zander
Platinum Member
This market reminds me of 1973....huge October....then.... a 45% drop
Last edited:
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Market consolidation... Major indexes are up again over critical technical levels, but with less conviction (volume) than the market needs to sustain these prices. Today the dollar got smoked and the market went up. That is the unfortunate inverse correlation here. The dollar is fixing to gain momentum up and the market is building cause toward lower prices... IMO (So be careful and don't get burnt!) These things take time to play out but watch the volumes at critical swing points and the market will give a sign of which way it wants to go before it takes another turn... And keep in mind individual equities do not all go right along with the market indexes so some stock could do fine in a down market.
Yep..
Starting to look good!
This market reminds me of 1973....huge October....then.... a 45% drop
This market reminds me of 1973....huge October....then.... a 45% drop
Yep..
Starting to look good!
They solved the Greek problem!~! right?? Here's a flow chart that helps visualize the road ahead for the EU. It ain't pretty- they didn't solve anything yesterday, they just postponed the inevitable.
Will you cheerleaders credit Obama when the market falls?