observe your crashing dollar your entire cash savings is worth 3% less than it was 2 weeks ago compliments of the federal reserve
But first and foremost: WE ARE AMERICAN! Our worth is measured in more than just dollars. That makes us PRICELESS!
true. just imagine how wealthy americans would be if you didn't have to pay the fed interest on your hard work in the form of ever worthless dollars. the dollar is worth something like 0.40% (not 40%, four tenths of 1%) of what it was when the fed was created in 1913 you should see the russell priced in gold. not pretty
yeah well, i think our disposable income is still higher now than it was back then. On the same train of thought, i am a little worried about the deficit and the fiscal well being of this country to a certain extent.
one earner used to be able to support a whole family, not that long ago. americans work for the fed now
Americans still could, it's just that americans want more than what they need. That's the difference.
SP, ND and DJ have drifted down nicely from this mornings high, but ER2 refuses to selloff. hmmmmm. I think some shorts are accumulating but are not seeing any rewards..... Let's see if we get a nice short squeeze into the end of month close....... Wouldn't THAT be nice!
Watching the tug back and forth here for the impending continuation of the upmove or a reversal to the downside. All emas in my intraday timeframes 1, 5, and 15 are very close, especially 5 and 15 are nearly parallel in the 768.2 - 768.8 area. I plot 7, 20, 60, 100, 200. The ADX is below 10 on the 15, 11 on the 5 and 1. Price is also contracting considerably. This could go on the reaminder of the day, or break one way or another soon. Be wary of the fake break and reversal either way also. No intraday trades in here for me now, as it would be a total crapshoot imho. Kelly
ok...i don't know where the market's going so here are my orders based on the 30min chart long@ 771.3( 1pt above the 200ma) target: 774.4 ( close to day high) Short @ 765.40 ( 1pt below the daily pp) target 1 : 762.1 ( close to daily S1) will see what happens good trading