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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (78178)12/13/2007 12:33:08 PM
From: Paxb2u  Read Replies (1) of 94695
 
Vi,

Agree with the 12,700-750 support(approx lows of Aug and Nov(not counting Aug low reversal day)and breakout point in April), after that maybe a little support @ 12,000 which was approximate low in Feb. Then there is no support until 10,750.

However, there is a lot more effort(FED etc) trying to prevent this from happening than I've ever seen. Thats why I thought GZ's bullish signals were spot on. Its beginning to look like the FED and everyone else is getting scared. Just think, our currency structure is at risk. We have no assets (including manufacturing capabilities)to back up the currency. All we do as a nation, is consume (and its other peoples assets we consume) Peace
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