Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: GROUND ZERO™ who wrote (39196)	10/19/2012 8:24:07 PM
From: Wayners	Read Replies (1) of 219177

The rest of the World is doing worse. This is a chart of the MSCI Europe, Asia, Far East ETF. I normally like to trade this in my Govt Thrift Savings Plan but have been in cash in 2012 since March. Look at how there is a triple top below the high of 2011. This is one heck of a Bearish chart in the long haul. It's a weekly chart. Unfortunately I can't buy ITM Puts ALL-In or something in the plan. The plan is designed to steal money from people because you can only go long and most suckers just believe in Dollar Cost Averaging. What a bunch of nonsense that has been for years. Seen this kind of choppy market before when I was a kid, from 1965 until the early 80s. Big financial mess back then too caused by Govt. I think I'll take a TSP loan and put the money to more effective use than earning 2.3% interest and then pay back the loan with all profits. Whatever is left over is mine. Sorry about the quality S.I. must have reduced the amount of bytes you can put in pictures.

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