Well, I took a profit off a little decline on a hunch (these declines never last), since 2 pm rallies are everyday events now, and I do suspect the markets are futures-manipulated. The futures buyers come out at 2 p.m., and then at night.
There is still no buy signal though. -g- I expected a moderate decline of 40-80 points from the high as a trade setup only. We had a Bradley turn day today, so we need to see if a major turn develops.
Message 23971933
The real BK is the dollar. 30 year low, or an all time low. Manipulation costs. Ergo. Weimar republic. Lies abound about inflation, but in reality you are making a lot less money than you did in 2000, cause that money is becoming worthless. It does not mean stocks go down necessarily. In Weimar republic they went up, as the value of the mark dropped to zero (or 0.0000000000000001 or so)
Foreign flows are horrible, or should I say, were horrible 2 months ago, that's why I think the BK may have started. If this continues, the value of the dollar will drop to zero in no time. |