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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ggersh who wrote (229106)11/17/2009 10:56:56 AM
From: LTK007Read Replies (1) of 306849
 
SPX Weekly Chart Annotated with commentary. FWIW, i just now drew this up.

i think the congestion of lines at 1150 area poignant.
i will say i believe any that think Bernanke will stop this madness by raising interest rates are KIDDING THEMSELVES!!--he will not TOUCH those interest rates,and they don't give a damn about a styrong dollar--they have been lying boldly that they do--the carry-trade has been assisted their plan--INFLATE the Equity market.

The mode of attack remains fixated on the stock market, do anything to get that ticker from breaking down--anything.
This policy is the ROCKET UP strategy, where the incompetent fools have NO idea this will EVENTUALLY turn to"We have a problem Houston!"
Geithner/Bernanke/Summers all think they are geniuses, and Obama thinks they are also.
The SPXWeekly Chart, set to 43 and 17.Max



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