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


To: carranza2 who wrote (33410)12/14/2010 3:20:17 PM
From: robert b furman  Respond to of 71455
 
Any one think the banks are not making money - another way to raise capital.

The bankers favorite.

When they get a friendly president - they might even discover their reserves were excessively created and report some earnings -maybe even pat some taxes - if they can have bonusses of course.

Bob



To: carranza2 who wrote (33410)12/14/2010 3:23:58 PM
From: ggersh  Respond to of 71455
 
LOL!!!! He's alive!



To: carranza2 who wrote (33410)12/14/2010 6:42:25 PM
From: ggersh  Respond to of 71455
 
This from a good mate at naked trader

Where do we sit now? I have a measuring objective in USH at 11906. This market traded as low as 11911 and settled at 11919. I have been bearish for a long time. I am officially neutral, looking to buy a break. I do think this market will meet its 11906 objective either overnight or tomorrow morning. I have a 79% level at 11831 and I have three consecutive days of Power Points at 11900-11901-11902. I want to fade the break down here and go long. This trade may require deep pockets. I feel it is time to look for a bounce. I want to sell that bounce, but I will not consider shorting this market until it trades above 12000. I am thinking a two-day bounce is in the cards.
Support levels in TYH…I want to be a scaled down buyer 11824-11828. I’ve had Power Points at this level for three consecutive days. Long-time readers know how these Power Points act like magnets and draw the market down to them. This is where I want to be a buyer.