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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (14902)2/2/2013 8:56:52 AM
From: skinowski1 Recommendation  Read Replies (2) of 41395
 
Daneric, in his blog last night, is calling a top. Doesn't mean he is right, but that wedge sure does look suspicious. Maybe it's time to listen to bears.

danericselliottwaves.blogspot.com

Last chart is also interesting, where he is quoting Bernanke - the "sociopath". What Bernanke is not mentioning in his
rationalizations of his mad printer policies is that he is also trying to - actually - fan inflationary fears. Fears that the dollar may decrease in value, or even become worthless.
Why? Because such fears would ALSO encourage individuals and corporations to start spending more.

The point he misses is that he is not fooling anyone. In order to work, inflationary fears MUST be real. He is playing with fire. He would have no control over them. The Fed head really IS bad news.
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