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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: Cogito Ergo Sum who wrote (64013)5/31/2010 4:51:37 PM
From: Hawkmoon  Read Replies (2) of 217774
 
Yeah.. I think CDS were created for the purpose of destroying asset prices and facilitating a massive transfer of assets and wealth.

Btw, tell me what you think of this chart:

stockcharts.com

Is it just me, or can you also see a H&S of monumental proportions in the making?

If I'm not mistaken, if the right shoulder fails to penetrate above the price peak of the left shoulder @11,722, that's the primary sell signal to take it down to the neckline @6,626..

Thoughts?

Hawk
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