Who says we wont be testing those levels? There is a difference between something not happening and something not happening as fast as you'd like.
It's not? Damn, I've been floating along perfectly fine over here for the past few years. Maybe i'm mis-guided.
My point is our markets are more free than any others elsewhere in the world... so I don't know why people complain and moan all the time about US markets being manipulated and controlled. Forces will always try to manipulate and control that should be no surprise but in the long run the market will always decide. That to me is a "free" market.
BS ... it is much better than most other countries but not the most free http://en.wikipedia.org/wiki/Index_of_Economic_Freedom_2003-2006 http://www.heritage.org/research/features/index/countries.cfm click on each country for more information
check out the countries in the red (repressed) zone Russia, Vietnam, Syria, Iran, Venezuela, Cuba, North Korea, Zimbabwe, and etc HAHA (laughing at those fucked up countries)
LOL, less frustrating indeed. Seriously though, where do you think we test lows? I'll go with another 15% by summer and then a gradual recovery. Any thoughts?
With my deep respect to you, fellow trader, I seriously think you should stop trying to guess the markets. âTesting new Lows, Breaking new highs â¦â etc will get you in trouble eventually. Positioning your trades on this kind of thoughts is very dangerous. I donât care what you use in trading TA, FA or what ever do not make your bets based on these kind of assumptions.