TA tells us that the markets could turn down now.... may be...or
may be not yet...
I live in Europe and to me it looks like a joke when I read
economic news is generally improving (...in the US).
The USA is like a family which spends 100 K $ a year but earns only
60 K $. That's like russian roulette with more and more bullets in
the revolver. There still can be good news but at what
price/risk....Rather sooner than later this game will be over.
Of course it's not only the USA, it's everywhere. This debt
problem can not be resolved in a good way. I hope Matt/Steve
can tell us when to take the big shorts...
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ignore the rest...
TA and news
Posted by zwyss on 31st of Dec 2012 at 06:07 am
...it's hard to ignore the rest, morgan...
TA tells us that the markets could turn down now.... may be...or may be not yet...
I live in Europe and to me it looks like a joke when I read economic news is generally improving (...in the US). The USA is like a family which spends 100 K $ a year but earns only 60 K $. That's like russian roulette with more and more bullets in the revolver. There still can be good news but at what price/risk....Rather sooner than later this game will be over.
Of course it's not only the USA, it's everywhere. This debt problem can not be resolved in a good way. I hope Matt/Steve can tell us when to take the big shorts...