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Strategies & Market Trends : The Swamp

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From: SwampDogg7/22/2008 7:13:19 PM
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Place your bets...IMO looks like a shake and bake retracement and we should end the week with gusto on the upside. You can fake price but you can't fake volume.

stockcharts.com

Either this rally is done or it sees 75...I go for the former. Quite a little display....unfortunately any idea of a free market has been greatly damaged during this process. That is what is going to take the most time to recover. How do you get back to a place where stocks trade somewhat freely on their own merit? It is beyond absurd to see a stock trade up when it has reported a loss that exceeds its market cap.Gold may indeed see $5000 in the next couple of years becuase at some point the wizard behind the curtain will be out of tricks.

stockcharts.com
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