Can't blame a guy for trying. I'm thinking that when the market finally dumps it'll be like a May 6th free-fall, since the SEC never really addressed the problem.
Weekly COTs in DX suggest that it is to resume its descent, it may climb to 80 long term pivotal area where it is likely to down trend to 70 or even lower. And whilst it is declining equities will be heading higher.
"Debt deleveraging deflation completely ignores the fact that we are NOT living in the 1930's, but in a GLOBALISED world economy that is seeing the CONVERGENCE of REAL GDP's where the developing world is EATING up the worlds resources at a faster pace then the west is cutting back on consumption thus DRIVING INFLATION HIGHER whilst at the same time the west is engaged in COMPETITIVE CURRENCY DEVALUATIONS in an attempt to GENERATE NOMINAL GDP GROWTH which has highly inflationary implications." N. Watayal Makes sense to me
I've lost count of how many times you've stated a technical pattern and then used FUNDAMENTAL anal-ysis to prove it!!
(a) YES. (b) You don't know shit. Its called NO Money Down. -------------------------------------- A man walks into a Private Hospital for a Brain transplant.The doctor shows the patient 3 brains and 3 price tags next to each brain. The patient can choose which brain he wants. A white man's brain $500 A Black man's brain $500 Lucrum's (a Racist) brain $2000 Patient asks why the Racist brain costs so much Doctor replies âCos. itâs never been usedâ