Any thoughts whats going to happen next? Dow Jones just climbing back up to the 2008 cliff it jumped off? I think that it might go to 14,500/15,000 then mid 2013-2014 start the drop to 5,000/6,000 Super Head and Shoulder pattern My 2 Cents http://wallstcheatsheet.com/stocks/eu-banks-to-draft-living-wills.html/
I do not know, lets be honest. But to set up a head and shoulders, i would think that the right shoulder high would be less than the head high. It would be interesting to see that Dow chart with the dollars on the right axis adjusted for the increase in money supply in the time period.
Ive been thinking the same thing with a few exchanges hitting highs ATM. Could it be the QE coming into play though? Not sure but interesting times worldwide
If you noticed when they stopped printing it went down. Now is 80 billion printing a month. Heard also this week, they are removing possible the Debt Ceiling or suspending it for sometime anyways.
Very interesting ideas I've just been reading on this link: http://danielamerman.com/course/suNINETEENv2m.html Europe and USA are evolving into something quite new. The political bureaucratic nightmare of the Stalinist years is just beginning again, but without the obvious brutality. US imprisonment rates, social supports and demanded obedience in Europe, the 'Big Brother' society, all pointing toward the end of 'the old'. and the danger is inflation Thoughts?
The current determinants are bankster driven with the owners telling their politicians how things go. http://www.marketoracle.co.uk/Article38642.html
Well, I own products instead of any representation/promise, so DOW etc is not in my care-about cloud.
I think it will push through. They want to give the illusion that things are getting better. I think if they allowed it to crash again so soon, too many people will stop believing in this game and they don't want that. Also people might be pricing in the currency devaluation.
Pump and dump everything except gold/gold producers, then pickup the cheap goldies with the profits? Just a thought, maybe watching too much Keiser Report atm though...
Pump and dump even the paper gold, that way they can score phys for nix and hedge themselves when it all falls down. The fuckers nasty people would even short their own parents if they could turn a buck doing it.