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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (89086)11/22/2007 8:22:41 AM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
So many pay too much attention to charts and not fundamentals.

This credit crisis is unprecedented since the 1930s.

The rules which worked well during the bull will work no longer IMHO.



To: westpacific who wrote (89086)11/22/2007 10:53:04 AM
From: bart13  Respond to of 110194
 
Dow & Tran 1999-2002:

stockcharts.com



To: westpacific who wrote (89086)11/22/2007 12:25:43 PM
From: Claude Cormier  Read Replies (3) | Respond to of 110194
 
The reality is that nobody can be sure of the future despite the technical facts or the fundamental facts.

Remember when you said that it was a given the $HUI going to $250. I replied nothing is a given. The $HUI never went to $250 and soared back up.

Here we could have US markets crashing like 1987 or 1930 if we get more calamities or exploding like Argentina a earlier this decades if hyperinflation develops. There are intelligent supporters for all scenarios but none of them really know for sures even if they pretend the case is clear for their scenario. The world has become too complex.

In that context, the best bet is gold.




To: westpacific who wrote (89086)11/22/2007 12:59:37 PM
From: lifeisgood  Respond to of 110194
 
Talk about useless information. Your amatuerish technical analysis won't save your longs. The market is in serious trouble and anyone who can watch the ticker on CNBC can see that.

You want facts? Are you blind? Have you gone shopping in the last year. Have you seen the price of oil/gold. Have you ever heard about the bursting housing bubble? Do the words "credit crisis" mean anything to you?

You will continue to lose your money if you continue to ignore these "facts" and rely on simpleton technical assessment of the catastrophe that is playing out.

best...

LIG