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3 point range for 3 hours


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Dude

 

I have no farking clue what I am talking about

 

BWAHHAHAHAHHA

 

 

ugh!

 

You are definitely in a small minority at this moment...which can be a good thing....

 

I just read through many different blogs, and there are very few IT bears now...

 

looking like YM 12,600, or slightly above, may top this leg up, and then we see what kind of reaction bears can muster. Any down move that fails to break 12,200, or a blow out of 12,600 is probably bad news for bears.

 

When these kind of pops are bearish, once the momo runs out, the whole move up is usually reversed pretty quickly. If that fails to happen, would be a sign of bully taking control....

 

Next few days may reveal mucho....

 

Also keep eye on 1.4250-1.43 range on Euro...bullz were unable to hold it over 1.45 again, and a breach of that area will flip many time frames back to a bearish bent....back above 1.45 one more time and it is prolly off to da races upside...

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The next, worse financial crisis

Commentary: Ten reasons we are doomed to repeat 2008

 

(My comment: True but I'll bet it doesn't happen tomorrow.)

 

http://www.marketwatch.com/story/the-next-worse-financial-crisis-2011-07-06

 

And this next article below explains why it won't happen tomorrow-- although a sizeable pullback could happen at any time of course.

 

http://www.rickackerman.com/2011/07/commodity-bear-says-2012-election-holds-key/#comments

 

Good to see you, KW. My best wishes to those close to you in recovering from their health problems.

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Speaking of healing from health problems, did you folks know that there is an economist who is a famous "healer"? I've never seen him myself. A friend of mine has seen him, but did not get healed from anything. The videos say he doesn't talk, or do anything, except just look at people. Maybe someone should ask him to take a good long look at the world economy, LOL.

 

http://www.braco.net/?page_id=92

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