2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 378.38

+2.7%

Nov 10 4:00 PM EST

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To: carranza2 who wrote (29593)	2/19/2008 2:00:40 AM
From: Aloysius Q. Finnegan	Read Replies (1) of 217668

Seems the markets have chosen to ignore reality. Somehow the nationalization of banks is seen as a positive. Maybe tomorrow is not a good day to jump in to SKF: reuters.com "U.S. markets were closed on Monday, but European traders put some faith back in banks after Britain's nationalisation of Northern Rock." " 'The news of Britain nationalising Northern Rock showed that a government would step in to stave off a credit crisis in any form, helping soothe credit market worries,' said Won Jong-hyuk, an analyst at SK Securities in Seoul." Does technical analysis apply here when the fundamentals are so insane?

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