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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: zamboz who wrote (24194)11/12/2009 7:47:40 AM
From: ggersh1 Recommendation  Respond to of 71463
 
Ladies and Gents:

Can CNBC find anymore bulls to roll out? They must interview guests in advance. If you are not bullish, you are not allowed on our show. It would be interesting to see what kind of pain a sharp sell off would cause.

Speaking of sharp sell offs, NDZ has a Possible Broadening Top in place. All the criteria are present. The only characteristic missing now is an eventual collapse. If we don’t get some sort of significant sell-off by the end of the week, you can scrap this idea. Any sort of significant sell-off will have me calling for an eventual collapse. One thing I know about Broadening Tops…when they fall, they fall hard and fast. An NDZ chart has been included and is self-explanatory.