be more specific.
Ever since Federal Reserve Chairman Ben Bernanke noted last month that the central bank may start slowing its stimulus program in just a "few meetings," it's been a bumpy ride for financial markets. Stocks have had some wild swings and the benchmark 10-year Treasury yield has ticked slightly higher. Much of the volatility is due to confusion about what exactly Bernanke meant by a "few." Other Fed officials have since discussed the issue further but have hardly cleared it up, so CNNMoney asked economists and investment strategists for their predictions about what the Fed will do next. Nearly two-thirds of the ... (full story)
Dislikedbe more specific.
DislikedI see many people assuming that Bernanke wishes to stabilze markets and pull away from any tapering talk since it seems to have caused markets to go sideways of late. Truth is that 'sideways' is actually what they would prefer right now. They see they may have created a bubble and will do what they can to make sure it stops and maybe even corrects slightly.
What I see as more likely is that the FED have seen the rise in equities as unsustainable and somewhat driven by themselves which is a worry to them.
Rather than act to steady the ship...Ignored
Dislikeddecember stock frenzy upwardsIgnored
DislikedHi i short EU@1,3145 and euro is heading North as greenback retreating anf there are no other reasons for single currrncy fir its climb... brother i.ll and loaded gun both claim that 100 more pips and there would be signicicant BREATH...i wonder why 100 more pips and how lonG RETRACE would be there?!? plz replyIgnored
Dislikedok, i looked but honestly, i am not too impressed with your channels drawing ability. Not to offend but i don't draw them the same. more of a preference thing for me and a few....quite a few years of tweaking channels. Just an observation before you go off on some qe tangent.Ignored
DislikedNot to offend, but I'm not too impressed with your powers of observation.
I don't believe I have drawn any channels on my chart.
However, I may have misinterpreted a broken Daily TL one of which we have hit and reacted (slightly) to.
Never the less, I still see us going beyond the 1.37 high before making new yearly lows.
I have a higher TF outlook so bulls and bears still have room to party.Ignored
Dislikedwell i am looking at post 953 euro dollar weekly chart and the 2 parallel red lines that appear to be a drawn channel but i may be mistaken. They are not defined so i ass u med. There are also 2 on the daily chart that appear to be parallel but they don't make any sense to a rookie like me so i commented about them.....of course not to offend don't ya know. it is lg's job to offend everyone, not mine. heheIgnored
Dislikedit has broken up through the daily 62 fib but this last day closed on it. Kind of important to see where it closes monday. Also i have it much closer to the weekly dtl(i draw them a little different than most) and the top of that channel. I suspect a retrace here soon technically speaking anyway.Ignored
DislikedWe need your help. Show us the wayIgnored
DislikedWith almost $20 Trillion in federal debt (even more at state level)
Almost $7 Trillion in bonds that are owed (mainly to China)
Annual Deficits of almost $500 Billion and a Medicare and pensions budget that is about to explode.
A coming crash in equities and a population that is growing more lazy, wasteful and naïve everyday. Normal interest rates of just 4% will see the debt payment to almost 10% of GDP and that is just the interest.
Nobody can help us get out of this one.Ignored