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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (88063)12/20/2003 2:46:53 PM
From: UnBelievable  Read Replies (1) | Respond to of 209892
 
From A Technical Standpoint A Lot Of Charts Look Fairly Bullish

And the internals look good as well. Sure we are overbought but its not clear that means that much.

The risk associated with the falling dollar and the geo-politcal risks seem very great though, and the current structure seems far from robust in the event of some type of shock.

Longer term the Fed and the US Federal government have undermined any and all prospects for a real sustainable economic recovery with their irresponsible monetary and fiscal policies all focused on painting lips on the cow for the Presidential election.

Nothing new - same old, same old.

I think you made a wise decision getting out of full time trading.

I hope you are doing well. Have a happy holiday season.