Possibly THE best video for countering the idiots who don't believe in manipulation.
http://video.google.ca/videoplay?doc...84395481454022#
http://video.google.ca/videoplay?doc...84395481454022#
Hunchback head & shoulder pattern developing on Dow 40 replies
head & shoulder indicator needed 0 replies
Perfect Head & Shoulder In GBPJPY_crash_again?? 70 replies
Another weekly head & shoulder in GBPJPY 18 replies
Head & Shoulder formation 7 replies
DislikedActually its quite easy to know it isn't going to happen. In the grand scheme of things tech analysis doesn't mean dick. Huge moves like he is predicting require macro factors to support them. In effect what he is saying is that by late august, the US economy is going to be in worse shape then it was at the height of the credit crisis. There is NOTHING going on that has that kind of potential, so it just isn't going to happen.Ignored
DislikedSmart money prints money. The rest of us are just lemmings. Don't ever tell yourself differently.Ignored
DislikedJust take a look at Spain's CDS and Bond market (pictures at the bottom of my post). They are higher than during the Greece crisis and the Lehman crisis. The IMF just sent a high level team there. They did that for Greece before they announced their semi-default.Ignored
DislikedIt's a valid economic concern, but even in the worst case its a non-event for the US stock market. Spain needs all of ~60b euros in refinancing through the end of the year. The ECB has already put together a near 1 trillion euro fund for sovereigns to tap in the event funding markets go crazy. So short of nuclear war, its impossible for Spain to be in a Greek like situation by August...
The more plausable explination is that the IMF is going there for the pending bank stress test.Ignored
DislikedHey guys,
On October 2007, I posted a thread on crash of GBPJPY based on head and shoulders and after some weeks, the GBPJPY fell more than 5000 points and we saw massive crash on dow and all currencies.
http://www.forexfactory.com/showthread.php?t=52466
People were earlier skeptical about H&S pattern, but after seeing the results live, we know H&S is 90% accurate and on monthly and weekly charts its 100% accurate.
I'm posting this pattern not to tell you to make money, 'cos i can guarantee you that you will make money in...Ignored
Dislikedu know this thing that when u think u ll get sick most likely u will?
what will happen if people will think that world is going to end?Ignored
DislikedSelf fulfilling prophecy... but the Economy is external to you, and dependant on more people than just your self, so it probably wouldn't work out.Ignored
DislikedYouTube view count for just few conspiracy theory gives more than 10 million views. i think that fear is most important factor.Ignored
DislikedNon-event for the US stock market ? Look at how the US investment grade credit market is behaving : (chart attached) It's one of the warning signs that were so useful in timing the end of the bubble back in 2007. The moving average crossover happened when some credit markets froze up and some funds folded. That marked the top of the market. Of course there are other indicators to watch but credit is a very important one.
Spain is already in a situation like Greece if we consider that its credit spreads are now higher than during the Lehman crisis,...Ignored