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Strategies & Market Trends : Financialsense (FSO) - Jim Puplava forum -- Ignore unavailable to you. Want to Upgrade?


To: the navigator who wrote (96)1/18/2008 4:42:51 PM
From: sea_biscuit  Read Replies (1) | Respond to of 125
 
Thanks for posting the schedule. I would be very interested to see if Puplava says that the market decline is pretty much over, or if he says that the 15% decline will lead to some more downside before the reflation effort starts.



To: the navigator who wrote (96)1/21/2008 9:44:10 AM
From: sea_biscuit  Read Replies (2) | Respond to of 125
 
During the 1st hour, Robert McHugh's comments were significant from what it didn't contain. There was very little technical analysis in that segment. McHugh was implying that we are at the verge of a "waterfall" drop in the markets i.e. a crash, and technical indicators are pretty much useless during such times. That was very noteworthy.

McHugh's comments were more about the need for the Fed to act quickly and cutting rates, fiscal stimuli by the govt etc.