I wouldn't equate govt and business. As you say, our representatives "work for", which is a different matter. Politicians depend on corporate money to get re-elected, and that money can be withdrawn at any time. On the other hand, politicians don't dare withdraw support from corporations for fear that that money will as a result be withdrawn. Definitely a one-way street. Not unlike parents telling their children that they are free to do as they please. Up to a point. What can be done about it is anybody's guess, but it's been this way for centuries, so I'd rather concern myself with other matters. I'm as much a fan of Frank Capra as anyone, but, unfortunately, reality is somewhat different.
Plz guys...I don't need my blood pressure to rise anymore...can you stick to TRADING on the ES and take this discussion to the proper forum..TIA
I disagree. I think any bank that took TARP money has been nationalized. Are Chinese banks national? Russian Banks? These things happen during war times...
Still watching the square root of negative one resistance lines on various indexes... will need to move the goal posts on the short swing idea for ES. Stop was not hit this week but bulls did not give up. Risk is fairly clearly defined but the interactions between the instruments being watched for an invalidation signal might make it hard to nail down an exact uncle point on ES (i.e. it will be dynamically determined). Thanks.
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In my experience of nearly 50 years, these are very important comments. I hope others will read them and understand.
Yes, I agree. But nevertheless, some worthwhile, intelligent discussion from some experienced contributors.
However it STILL belongs in another form...Unless tied directly to how the market esp ES is moving. When the government was shutdown it directly corrlated to the volatility that MOVED the markets....now its just.........................................discussion. hey...at least throw up a chart we can look at!