It’s like having the cheat codes to the game. You put in a code and have unlimited amount of money to use as you please. Unfortunately for us we have to play by the rules and that means we have no cheat codes and no insider information.
The system is NOT going to change, therefore we have to change ourselves and the way we invest.
Since the Fed is printing money should you invest in the dollar going up? No, it doesn’t make logical sense and you should place your bets on it going down.
IMO Silver, Gold, Oil are investments you should consider as they have logical reasons to go up due to inflation.
Nopomo…
I checked $BDI just minutes ago, and posted 1987 style crash just yesterday, no bears can get on…LOL…check out my post from yesterday on the other tread…
Markets are not reflecting reality….BDI has been heading down in a big way. I think when the markets drop…they will move down like lightning so no bears can get on. They are will be stealing from both sides.
spy p/e getting awfully low—favors feb correction. market may not make it to mar 8th correction date.
JPM has the “unlimited ammo” code. Unfortunately, the only code we have access to is the “commit suicide” code.
Very bearish topping pattern in place for Financials $Rifin. Huge drop possible near term. Chart with targets.
http://cyclicalmarketanalysis.blogspot.com/
Like Red said, you missed the sell off on Friday.
It’s like having the cheat codes to the game. You put in a code and have unlimited amount of money to use as you please. Unfortunately for us we have to play by the rules and that means we have no cheat codes and no insider information.
The system is NOT going to change, therefore we have to change ourselves and the way we invest.
Since the Fed is printing money should you invest in the dollar going up? No, it doesn’t make logical sense and you should place your bets on it going down.
IMO Silver, Gold, Oil are investments you should consider as they have logical reasons to go up due to inflation.
Sadly, none of that silly “economics” stuff matters any more…
Nopomo…
I checked $BDI just minutes ago, and posted 1987 style crash just yesterday, no bears can get on…LOL…check out my post from yesterday on the other tread…
Red,
Markets are not reflecting reality….BDI has been heading down in a big way. I think when the markets drop…they will move down like lightning so no bears can get on. They are will be stealing from both sides.
NOPOMO
SPX Analysis after closing bell: http://niftychartsandpatterns.blogspot.com/2011/02/s-500-analysis-after-closing-bell.html
The downside FP was for 127.69 from yesterday…
http://reddragonleo.com/wp-content/uploads/fp-spy-127-69-on-01-31-2011.jpg
It’s looking more and more bearish now, as the 15 minute chart has worked off the oversold conditions and looking a little toppy now.