the S&P 500 50 day moving average is right at the 200 day. according to technical "anal"ysis, it's one of THE signs of the danger of a "fast and nasty" selloff. also the FAZ is near a 4 month high showing weakness in the financials.
would expect that IF the 50 does break the 200, every techie will be screaming SELL!!!
ref: https://www.cnbc.com/id/38040408
(OR the market COULD be close to an oversold "dead cat bounce")
You know, Rink Rat, the only thing positive about "the markets" today is that the whole world is negative.
Other than that, no matter how hard one tries, there is not one thing to find to generate any feelings of optimism.
The leadership of the world is a three-ring circus, the world debt is staggering (way beyond staggering), and the earth itself is overpopulated and being bled dry of its resources.
Yeah, several more rounds of bailout packages can be unleashed. But what does that do? Yeah, all it does is postopne financial armageddon until a later date.
Yeah, man, other than all the negativity, NOTHING could make anyone really believe in this charade.
And when social security and peeps' "retirement accounts" are declared null and void, Bernie Madoff will look like a 5 year old snot nosed kid stealing chewing gum from the local 5 and Dime.
You could see the bounce coming...reading these charts isnt hard at all its only once they reach certain levels and its up or down thats the question..i said Sunday the DJIA goes to 10250s this week..where it goes from there is the question..
CC is right though....this is the first year Social Security has paid more out than its collected...so whats that leave two,three years b4 its gone?More people draw $$$ from the system every year and it prob only gets worse
Established in 1995,
Hot Forum Topics
