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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (137879)11/25/2008 2:40:57 AM
From: marcos  Respond to of 313061
 
Currency moves tend to overshoot, they say, they find moderation by alternating between extremes ... sort of wave hello to moderation in passing it on the way up and on the way down, you have to draw in your own idea of historical average -g-

The mechanics of it may be faster in this electronic age, possibly moves are more or less pronounced because of the ease of trading and number of participants, but we may be ruled overall by the same animal spirits as always, with roughly the same timing needed to recover from greed on the one hand, and from fear on the other

'Bullish Price Obj. (Rev.): 110.0' - stockcharts.com

... uh oh ... but it could go that way, and may not matter, if the other fiat productions crap out too, they'll all be spending like drunken sailors

On capitalism, socialism, and bankism - Message 25205542