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Politics : Right Wing Extremist Thread

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To: calgal who wrote (57734)	12/18/2009 8:55:32 PM
From: Magnatizer	5 Recommendations Read Replies (1) of 59480

Not a chance. The hidden tax of inflation will really pick up steam next year as DC is rolling any $s they get back from the banks right back into wasteful projects. That ought to set us back for a good long while. Not to mention they turned social security into a slush fund in the 60s so it's about to become another new dilemma, but that's a backburner issue right now. A quick and basic TA look at the Dow 30 shows the entire advance off the bottom has been on less than impressive volume. We're at downtrend resistance and there are loads of buyers who are in at the 11k area. They have a chance to get out at a much more appealing loss than earlier in the year. I can't see the market pushing north through selling pressure on this volume and once the market flattens any buyers will take shelter... It's been a while since I've pulled an in depth look at the technicals but I find the basics must be in place before the deep dive gives accurate reads. The basics are far from in place for this market. No clue as to how long it will take to right the ship but if we don't get true conservative leadership in 2010 I'll be dreadfully pessimistic about the future prospects for my children. I've never felt more concerned for our nation than I do right here and right now.

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